TIDMSXS

RNS Number : 3053L

Spectris PLC

11 January 2021

Spectris plc: Director/PDMR Shareholding

Spectris Share Incentive Plan ("SIP") Acquisition of Partnership Shares and Award of Matching Shares

This notification made under Article 19.1 of the EU Market Abuse Regulation 596/2014 ("MAR") relates to the acquisition and award of shares under the terms of the SIP by persons discharging managerial responsibilities ("PDMRs").

On 11 January 2021, Equiniti Share Plan Trustees Limited, trustees of the SIP, notified Spectris plc (the "Company") that, on 8 January 2021, a total of 10 ordinary 5p shares ("Partnership Shares") were purchased on behalf of the Company's PDMRs at a price of 2,959.6666 pence per share. Under the terms of the SIP, a total of 2 ordinary 5p shares ("Matching Shares") were awarded to the PDMRs on the same date for nil consideration. Full details are provided below:

 
 Name             Number of Partnership   Number of Matching   Total number 
                   Shares purchased        Shares awarded       of shares held 
                                                                within the SIP 
 Derek Harding    5                       1                    155 
 Andrew Heath     5                       1                    202 
 

Under the terms of the SIP, each eligible participating employee can purchase Partnership Shares using monthly contributions deducted from salary, and the Company awards one Matching Share for every five Partnership Shares purchased by participating employees.

The forms required under the EU Market Abuse Regulations follow:

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    N a m e                   Derek Harding, Chief Financial Officer 
                                -------------------------------------------------- 
 2     R eas o n f or the n oti f i c ati on 
 a)    P o s i t i on /           Director/PDMR 
        s t a t us 
                                 ------------------------------------------------- 
 b)    In i t i al no t           In i t i al Notification 
        ifi ca t i on / A 
        m e nd m e nt 
      -------------------------  ------------------------------------------------- 
 3     D e ta ils of the i ss u e r, em i s s i on a ll o w a 
        n ce ma r ket p a rti c i p a nt, a u cti on p l atf o r 
        m, a u cti o neer or a u cti on m o n itor 
 a)    N a m e                   Spectris plc 
                                -------------------------------------------------- 
 b)    LEI                       213800Z4CO2CZO3M3T10 
      ------------------------  -------------------------------------------------- 
 4     D e ta ils of the tr a nsa cti o n(s ): s ecti on to be 
        rep e a t ed f or (i) ea ch ty pe of i nstr u ment; (ii) 
        ea ch ty pe of tr a nsa cti o n; (iii) ea ch d ate ; a nd 
        (i v) ea ch p l a ce w here tr a nsa cti o ns h a ve b e 
        en c o ndu cted 
 a)    D e s c ri p t i          O rd i n ary S h ares of 5p each 
        on of t he fi n a 
        n c i al i n s tru 
        m e n t, t ype of         GB0003308607 
        i n s tru m e nt 
        Id e n t ifi ca t 
        i on c ode 
                                -------------------------------------------------- 
 b)    N a t u re of t he        Acquisition of Partnership Shares and award 
        tra n s ac t i on         of Matching Shares under the SIP, an HMRC 
                                  tax-advantaged all-employee share plan. 
      ------------------------ 
 c)    P ri ce(s) a nd vo        P ri ce (s)                V o l u m e (s) 
        l u m e(s) 
                                                           ----------------------- 
                                 GBP 29.596666              5 Partnership Shares 
                                -------------------------  ----------------------- 
                                 GBPnil                     1 Matching Share 
                                -------------------------  ----------------------- 
       A gg re g a t ed          A gg re g a t ed V o 
 d)     i nform a t i on          l u me                    6 
                                -------------------------  ----------------------- 
   Total Aggregate P ri                                     GBP147.98 
    ce 
  -------------------------                                ----------------------- 
 e)    D a t e of t he tra       8 January 2021 
        n s ac t i on 
      ------------------------  -------------------------------------------------- 
 f)    P l ac e of t he          L ondon S tock E x c h a ng e: L ON 
        tra n s ac t i on 
      ------------------------  -------------------------------------------------- 
 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    N a m e                   Andrew Heath, Chief Executive 
                                -------------------------------------------------- 
 2     R eas o n f or the n oti f i c ati on 
 a)    P o s i t i on /           Director/PDMR 
        s t a t us 
                                 ------------------------------------------------- 
 b)    In i t i al no t           In i t i al Notification 
        ifi ca t i on / A 
        m e nd m e nt 
      -------------------------  ------------------------------------------------- 
 3     D e ta ils of the i ss u e r, em i s s i on a ll o w a 
        n ce ma r ket p a rti c i p a nt, a u cti on p l atf o r 
        m, a u cti o neer or a u cti on m o n itor 
 a)    N a m e                   Spectris plc 
                                -------------------------------------------------- 
 b)    LEI                       213800Z4CO2CZO3M3T10 
      ------------------------  -------------------------------------------------- 
 4     D e ta ils of the tr a nsa cti o n(s ): s ecti on to be 
        rep e a t ed f or (i) ea ch ty pe of i nstr u ment; (ii) 
        ea ch ty pe of tr a nsa cti o n; (iii) ea ch d ate ; a nd 
        (i v) ea ch p l a ce w here tr a nsa cti o ns h a ve b e 
        en c o ndu cted 
 a)    D e s c ri p t i          O rd i n ary S h ares of 5p each 
        on of t he fi n a 
        n c i al i n s tru 
        m e n t, t ype of         GB0003308607 
        i n s tru m e nt 
        Id e n t ifi ca t 
        i on c ode 
                                -------------------------------------------------- 
 b)    N a t u re of t he        Acquisition of Partnership Shares and award 
        tra n s ac t i on         of Matching Shares under the SIP, an HMRC 
                                  tax-advantaged all-employee share plan. 
      ------------------------ 
 c)    P ri ce(s) a nd vo        P ri ce (s)                V o l u m e (s) 
        l u m e(s) 
                                                           ----------------------- 
                                 GBP 29.596666              5 Partnership Shares 
                                -------------------------  ----------------------- 
                                 GBPnil                     1 Matching Share 
                                -------------------------  ----------------------- 
       A gg re g a t ed          A gg re g a t ed V o 
 d)     i nform a t i on          l u me                    6 
                                -------------------------  ----------------------- 
   Total Aggregate P ri                                     GBP147.98 
    ce 
  -------------------------                                ----------------------- 
 e)    D a t e of t he tra       8 January 2021 
        n s ac t i on 
      ------------------------  -------------------------------------------------- 
 f)    P l ac e of t he          L ondon S tock E x c h a ng e: L ON 
        tra n s ac t i on 
      ------------------------  -------------------------------------------------- 
 
 

Name of contact and telephone number for queries:

Carlie Sawyer

Group Share Plan Executive

01784 485 339

For and on behalf of Spectris plc

LEI Number: 213800Z4CO2CZO3M3T10

Date: 11 January 2021

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January 11, 2021 11:55 ET (16:55 GMT)

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