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Pin to quick picksVictrex Regulatory News (VCT)

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Director/PDMR Shareholding

10 Mar 2010 16:11

RNS Number : 3938I
Victrex PLC
10 March 2010
 



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).

 

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

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

GARY MICHAEL HULME

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

No

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

As above

 

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

Ordinary Shares of 1p each.

 

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

GARY MICHAEL HULME

 

8 State the nature of the transaction

Exercise of share options in Victrex plc;

9,507 ordinary shares in granted on 2 July 2004 at an exercise price of £3.55,

7,853 ordinary shares in Victrex plc granted on 8 June 2005 at an exercise price of £4.50

3,118 ordinary shares in Victrex plc granted on 8 June 2006 at an exercise price of £7.28

Subsequent disposal of sufficient shares to cover the exercise and dealing costs together with the tax liability arising on the above exercise.

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

NA

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

NA

 

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

14,650 shares

 

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

NA

13. Price per share or value of transaction

 £8.73

 

14. Date and place of transaction

9 March 2010, London

 

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

8,754 = NA

 

16. Date issuer informed of transaction

9 March 2010

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

………………………………

24. Name of contact and telephone number for queries

………………………………

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

Claire Salisbury

Company Secretarial Assistant

 Date of notification

10 March 2010

 

END

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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