Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

James Ward-Lilley

2

Reason for Notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Vectura Group plc

b)

LEI

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 0.025 pence each in Vectura Group plc

GB00B01D1K48

b)

Nature of the transaction

Grant of an award under the Company's Long Term Incentive Plan as a nil exercise price option. Vesting is subject to (i) stretching performance over 3 financial years commencing with the year of grant and (ii) continued service, and is normally 3 years after grant. Further details of the performance targets will be set out in the Directors' Remuneration Report included in the Company's Report an Accounts.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - single transaction

e)

Date of the transaction

23 March 2018

f)

Place of the transaction

Outside a trading venue