Source - RNS
RNS Number : 9829K
Vectura Group plc
27 September 2016
 

 

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, 27 September 2016: Vectura Group plc (LSE: VEC; "Vectura" or "the Company") confirms that on 26 September 2016, the following Person Discharging Managerial responsibility ("PDMR") exercised share awards over ordinary shares of 0.025 pence each in Vectura Group plc granted by the Company under Listing Rule 9.4.2(2) as nil cost options, 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

                 

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

i)          exercise of awards granted by the Company under Listing Rule 9.4.2(2) as nil cost options over 714,985 shares; and

ii)         sale of 336,043 shares arising from the above exercise to satisfy tax costs.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.4030

336,043

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

e)

Date of the transaction

26 September 2016

f)

Place of the transaction

London, England

Enquiries:                  

John Murphy, Company Secretary                                                    + 44 (0)207 881 0524

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHSEDFLWFMSESU

Related Charts

Vectura Group (VEC)

+0.50p (+0.36%)
delayed 13:47PM