Victrex Regulatory News (VCT)

4 Mar 2009 14:18



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

Victrex plc

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)

(i)

3. Name of person discharging managerial responsibilities/director

Mr Richard Okupniak

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

In respect of the persons referred to in 3 above.

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary 1p shares in Victrex plc.

7.  Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/A

8. State the nature of the transaction

Exercise of options under the Victrex 2005 Employee Stock Purchase Plan over the number of ordinary shares set out at 9 below.

9. Number of shares, debentures or financial instruments relating to shares acquired

1,867

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11. Number of shares, debentures or financial instruments relating to shares disposed

1,867

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

N/A

13. Price per share or value of transaction

Purchase Price: £4.016 per share

Sale Price: £4.7025 per share

14. Date and place of transaction

3 March 2009, Thornton, Cleveleys, UK

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

Number of ordinary shares held beneficially and non-beneficially

Mr Richard Okupniak: Nil

16. Date issuer informed of transaction

3 March 2009

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

18. Period during which or date on which it can be exercised

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22. Total number of shares or debentures over which options held following notification

………………………………

23. Any additional information

N/A

………………………………

24. Name of contact and telephone number for queries

Sonya Moore 01253 897708

………………………………

Name and signature of duly authorised officer of issuer responsible for making notification

Sonya Moore

………………………………

Date of notification

4 March 2009

………………………………

END