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Spectris PLC - Director/PDMR Shareholding

RNS Number : 3816Y
Spectris PLC
08 September 2020
 

Spectris plc: Director/PDMR Shareholding

 

Spectris Share Incentive Plan ("SIP") Acquisition of Partnership Shares and Award of Matching Shares

 

This notification made under Article 19.1 of the EU Market Abuse Regulation 596/2014 ("MAR") relates to the acquisition and award of shares under the terms of the SIP by persons discharging managerial responsibilities ("PDMRs").

 

On 8 September 2020, Equiniti Share Plan Trustees Limited, trustees of the SIP, notified Spectris plc (the "Company") that, on 7 September 2020, a total of 12 ordinary 5p shares ("Partnership Shares") were purchased on behalf of the Company's PDMRs at a price of 2,566.67 pence per share. Under the terms of the SIP, a total of 2 ordinary 5p shares ("Matching Shares") were awarded to the PDMRs on the same date for nil consideration. Full details are provided below:

 

Name

Number of Partnership Shares purchased


Number of Matching Shares awarded


Total number of shares held within the SIP

Derek Harding

6


1


124

Andrew Heath

6


1


171

 

Under the terms of the SIP, each eligible participating employee can purchase Partnership Shares using monthly contributions deducted from salary, and the Company awards one Matching Share for every five Partnership Shares purchased by participating employees.

 

The forms required under the EU Market Abuse Regulations follow:

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Derek Harding, Chief Financial Officer

2

Reason for the notification

a)

Position/status

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

Spectris plc

b)

LEI

213800Z4CO2CZO3M3T10

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

Identification code

Ordinary Shares of 5p each



GB0003308607

b)

Nature of the transaction

Acquisition of Partnership Shares and award of Matching Shares under the SIP, an HMRC tax-advantaged all-employee share plan.

c)

Price(s) and volume(s)

Price (s)

Volume(s)

£25.6667

6 Partnership Shares

£nil

1 Matching Share

d)

Aggregated information

Aggregated Volume

7

Total Aggregate Price

£153.94

e)

Date of the transaction

7 September 2020

f)

Place of the transaction

London Stock Exchange:  LON

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Heath, Chief Executive

2

Reason for the notification

a)

Position/status

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

Spectris plc

b)

LEI

213800Z4CO2CZO3M3T10

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

Identification code

Ordinary Shares of 5p each



GB0003308607

b)

Nature of the transaction

Acquisition of Partnership Shares and award of Matching Shares under the SIP, an HMRC tax-advantaged all-employee share plan.

c)

Price(s) and volume(s)

Price (s)

Volume(s)

£25.6667

6 Partnership Shares

£nil

1 Matching Share

d)

Aggregated information

Aggregated Volume

7

Total Aggregate Price

£153.94

e)

Date of the transaction

7 September 2020

f)

Place of the transaction

London Stock Exchange:  LON

 

Name of contact and telephone number for queries:

 

Carlie Sawyer

Group Share Plan Executive

01784 485 339

 

For and on behalf of Spectris plc

 

LEI Number: 213800Z4CO2CZO3M3T10

 

Date: 8 September 2020

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