24th Feb 2016 08:05
SPECTRIS PLC - Director/PDMR ShareholdingSPECTRIS PLC - Director/PDMR Shareholding
PR Newswire
London, February 24
SPECTRIS plc (the “Company”)
SHARE AWARDS TO DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMRs”)
| 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”), nominal cost options were granted on 23 February 2016 to certain directors and PDMRs of the Company. The maximum number of Spectris plc 5p ordinary shares which each Director/PDMR could potentially receive in respect of his or her award is as follows: |
| Name of Director/PDMR | Number of Shares under the Award | Total number of Shares held under Awards granted under the Plan following grant |
| John O’Higgins | 67,460 | 197,120 |
| Clive Watson | 42,860 | 125,230 |
| Jo Hallas | 35,210 | 88,590 |
| Eoghan O’Lionaird | 35,210 | 88,590 |
| Roger Stephens | 27,970 | 81,800 |
| Robin Stopford | 25,730 | 61,970 |
| Ken Smith | 9,360 | 33,564 |
| No consideration was paid for the grant of the awards. The vesting of an award is subject to the continued employment of the participant and the satisfaction of performance conditions set by the Remuneration Committee of the Company. The awards will normally vest on the later of the third anniversary of grant and the determination of the performance conditions. To the extent that an award vests, it is exercisable for a period of 7 years from the date of vesting. The option price payable by each participant on the exercise of his or her award is 5 pence per share. The Company was informed of the above transactions on 23 February 2016. |
Name of contact and telephone number for queries:
Claire SpencerAssistant Company Secretary01784 470 470
Date: 24 February 2016
Related Shares:
Spectris