28th Feb 2013 12:49
SPECTRIS PLC - Director/PDMR ShareholdingSPECTRIS PLC - Director/PDMR Shareholding
PR Newswire
London, February 28
This notification is made in accordance with DTR 3.1.4(1)(a) and DTR 3.1.4(1)(c).
Under the terms of the Spectris Performance Share Plan (the "Plan"), nominalcost options were granted on 27 February 2013 to certain directors and PDMRs ofthe Company. The maximum number of Spectris plc 5p ordinary shares which eachDirector/PDMR could potentially receive in respect of his Award is as follows:
Name of Director/PDMR Number of Shares under the Total number of Shares held Award under Awards granted under the Plan following grant John O'Higgins 27,370 312,247 Clive Watson 17,390 181,502 James Webster 14,670 97,180 Stephen Blair 12,960 45,690 Jeremy Morcom 11,870 75,710 Roger Stephens 11,440 72,720 No consideration was paid for the grant of the awards.The vesting of an award is subject to the continued employment of theparticipant and the satisfaction of performance conditions set by theRemuneration Committee of the Company. The awards will normally vest on thelater of the third anniversary of grant and the determination of the
performance conditions. To the extent that an award vests, it is exercisablefor a period of 7 years from the date of vesting.
The option price payable by each participant on the exercise of his Award is 5pence per share.
The Company was informed of the above transactions on 27 February 2013.Name of contact and telephone number for queries:
Robert MartinDeputy Company Secretary01784 470 470 Date: 28 February 2013Related Shares:
Spectris