2nd Aug 2016 10:19
Vectura Group plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them (in accordance with the Market Abuse Regulations)
Chippenham, UK, 2 August 2016: Vectura Group plc (LSE: VEC; "Vectura" or "the Company") confirms that on 1 August 2016, the following Persons Discharging Managerial responsibility ("PDMRs") were granted Share Awards over ordinary shares of 0.025 pence each in Vectura Group plc under the Vectura 2015 Long Term Incentive Plan, as set out below:
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 |
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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 2015 Long Term Incentive Plan as an option with an exercise price of 0.025p per share. Subject to performance, up to 40% may vest after 3 years and up to 60% may vest after 5 years. Any vested part is normally exercisable until 10 years from grant. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 29 July 2016 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Trevor Phillips | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chief Operations Officer and President of US Operations | ||||
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 2015 Long Term Incentive Plan as an option with an exercise price of 0.025p per share. Subject to performance, up to 40% may vest after 3 years and up to 60% may vest after 5 years. Any vested part is normally exercisable until 10 years from grant. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 29 July 2016 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries:
John Murphy, Company Secretary + 44 (0)207 881 0524
Fleur Wood, Director - Investor Relations and
Corporate Communications +44 (0) 1249 667700
Related Shares:
VEC.L