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Spectris PLC - Director/PDMR Shareholding

RNS Number : 5590H
Spectris PLC
25 March 2020
 

Spectris plc: Director/PDMR Shareholding

 

This notification is made under Article 19(1) of the EU Market Abuse Regulation 596/2014 ('MAR').

 

Spectris plc ('the Company') has been notified by Andrew Heath, Chief Executive, that he has today acquired 1,089 ordinary shares at a price of 2298 pence per share. This purchase was made pursuant to an irrevocable instruction dated 29 February 2020 to purchase shares to the value of £25,217.40.

 

This purchase was made in compliance with the Company's 2017 Remuneration Policy (the "Policy") and the requirement contained within the Policy that any bonus payment in excess of 60% of salary must be used to acquire shares in the Company until the minimum shareholding requirement of 300% of salary is achieved.

 

The information set out below is provided in accordance with the requirements of Article 19(3) of MAR and provides further detail:

 

1

Details of the persons discharging managerial responsibilities

a)

Name(s)

Andrew Heath

 

2

Reason for the notification

a)

Position/status

Executive Director and 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 5 pence each

 


GB0003308607

b)

Nature of the transaction

Purchase of ordinary shares of 5 pence each pursuant to an irrevocable instruction made on 29 February 2020

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£22.98

1,089

d)

Aggregated information

Aggregated Volume

1,089

Price

£22.98

e)

Date of the transaction

25 March 2020

f)

Place of the transaction

London Stock Exchange

         

 

Name of contact and telephone number for queries:

 

Rebecca Dunn

Deputy Company Secretary

01784 470 470

 

For and on behalf of Spectris plc

 

Date: 25 March 2020

 


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 [email protected] or visit www.rns.com.
 
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Quick facts: Spectris PLC

Price: 2644

Market: LSE
Market Cap: £3.07 billion
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