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Pin to quick picksVictrex Regulatory News (VCT)

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Director/PDMR Shareholding

17 Dec 2018 11:40

RNS Number : 7007K
Victrex PLC
17 December 2018
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Tim Cooper

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Director (PDMR)

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Victrex plc

b)

 

LEI

 

 

213800UYNPHAUNHPXL67

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary shares of 1p each

Identification code

GB0009292243

b)

 

Nature of the transaction

 

 

Exercise of 3,830 nil cost options granted 14 December 2015 under the Victrex plc 2009 Long Term Incentive Plan.

 

Sold sufficient shares (1,807) arising from the exercise to cover costs and tax and retained the balance (2,023) as shares.

 

Mr Cooper received an additional 198 shares following the payment of a net hypothetical dividend on the vested shares.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s) sold

Volume retained

£22.28

1,807

2,221

d)

 

Aggregated information

- Aggregated volume exercised

- No of shares retained

2,221

2,023 + 198 = 2,221

- Price

£22.28

e)

 

Date of the transaction

 

 

2018-12-14

f)

 

Place of the transaction

 

 

Thornton, Cleveleys, Lancashire,

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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