18th Dec 2008 12:21
Victrex plc (the "Company")
1. The following purchases of the Company's ordinary 1p shares took place on 17 December 2008 and were notified to the Company by the relevant Directors on that date:
|
Director
|
Shares purchased
|
Purchase price
|
|
AM Frew
|
5,000
|
£4.44
|
|
PJM De Smedt
|
2,000
|
£4.44
|
|
LC Pentz
|
2,000
|
£4.44
|
2. The following exercise of options in the Company's ordinary 1p shares took place on 17 December 2008 and were notified to the Company by the relevant Directors on that date:
Exercise of share options awarded under the 1999 Victrex Long Term Incentive Plan:
|
Director
|
Share options
Exercised
|
Date granted
|
Exercise
price
|
|
DR Hummel
|
100
|
29 January 1999
|
Nil
|
|
|
10,044
|
19 February 2002
|
Nil
|
|
|
81,490
|
10 December 2002
|
Nil
|
|
|
62,140
|
17 December 2003
|
Nil
|
|
|
|
|
|
|
MW Peacock
|
5,778
|
20 December 2001
|
Nil
|
|
|
50,970
|
10 December 2002
|
Nil
|
|
|
44,151
|
17 December 2003
|
Nil
|
|
|
|
|
|
|
BV Souder
|
41,289
|
17 December 2003
|
Nil
|
|
|
|
|
|
|
TJ Walker
|
41,743
|
17 December 2003
|
Nil
|
3. The following sales of shares in the Company's ordinary 1p shares took place on 17 December 2008, and were notified to the Company by the relevant Directors on that date:
|
Director
|
Shares sold
|
Price at which sold
|
|
DR Hummel
|
83,914
|
£4.44
|
|
MW Peacock
|
41,452
|
£4.44
|
|
BV Souder
|
16,421
|
£4.44
|
|
TJ Walker
|
17,150
|
£4.44
|
The sales of shares were made in order to fund the Directors' tax liabilities arising
on the exercise of the options together with the dealing costs.
4. The position of the relevant Directors following the above transactions is as follows:
|
Director
|
Number of shares in which interested in, beneficially and non-beneficially
|
Number of share options under the Victrex 1999 Long Term Incentive Plan
|
Percentage of voting rights
|
|
DR Hummel
|
3,908,940
|
155,459
|
4.71%
|
|
MW Peacock
|
97,593
|
118,782
|
0.11%
|
|
BV Souder
|
73,571
|
105,022
|
0.08%
|
|
TJ Walker
|
102,853
|
109,821
|
0.12%
|
|
AM Frew
|
14,184
|
-
|
NA
|
|
PJM De Smedt
|
2,000
|
-
|
NA
|
|
LC Pentz
|
2,000
|
-
|
NA
|
5. Name of contact and telephone number for queries
Sonya Moore
01253 8977708
Name and signature of duly authorised officer of issuer responsible for making notification
Sonya Moore
Date of notification
18 December 2008
Related Shares:
Victrex