14th Feb 2006 14:26
Victrex PLC14 February 2006 Victrex plc (the "company") The following Exercise of options in the Company's ordinary 1p shares took placeon 9 February 2006 and were notified to the Company by the relevant Directors onthat date: 1. Exercise of Share options awarded under the Victrex Long Term Incentive Plan: Director Share options Date granted Exercise price exercised DR Hummel 43,745 25 January 2001 NilMW Peacock 22,367 25 January 2001 NilTJ Walker 22,367 25 January 2001 Nil 2. Exercise of Share options awarded under the Victrex 1995 Employee Share Scheme: Director Share options Date granted Exercise price exercised BV Souder 46,000 3 October 2002 £2.14 3. The following Sale of shares in the Company's ordinary 1p shares took place on 13 February 2006 and were notified to the Company by the relevant Directors on that date: Director Shares sold Price at which sold DR Hummel 22,294 £7.56MW Peacock 9,190 £7.56TJ Walker 9,190 £7.56BV Souder 41,000 £7.56 The share sales were made in order to fund the costs of exercising the shareoptions, including dealing costs, together with the Directors' tax liabilitiesarising on exercise of the options. In addition 15,500 shares were sold by BVSouder for personal reasons. The position of the relevant Directors following the above transactions is asfollows: Director Number of shares in Number of shares Number of shares Percentage of issued which interested over which an under the Class of Share in, beneficially option is held Victrex Long Capital (under s.198 and Term Incentive Companies Act 1985 as non-beneficially Plan amended) DR Hummel 3,660,080 - 238,717 5.01%MW Peacock 38,146 - 163,562 0.24%TJ Walker 83,895 - 157,735 0.30%BV Souder 7,000 54,000 150,144 0.26% This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Victrex