TIDMSPEC

RNS Number : 7372J

Inspecs Group PLC

23 December 2020

Inspecs Group Plc

("Inspecs" the "Company" or "Group")

Director/PDMR LTIP Awards

On 22 December 2020, the following awards of options to acquire Ordinary Shares of 1 pence each in the capital of the Company ("Ordinary Shares") were made under the Inspecs Long Term Incentive Plan ("LTIP"). Options to acquire 400,000 Ordinary Shares have been awarded to Board members of the Group at an exercise price of 210 pence per Ordinary Share. Furthermore, options to acquire 1,180,000 Ordinary Shares have been awarded to other members of the Group's senior management team at an exercise price of 210 pence per Ordinary Share. In aggregate, options to acquire 1,580,000 Ordinary Shares have been awarded under the LTIP.

The options vest on the 22 December 2023, being the third anniversary of grant, subject to the option holder's continued employment with the Group.

 
 1. Details of the person discharging managerial responsibilities/person closely associated 
 
            a) Name                                            1.   Robin Totterman 
                                                                2.   Christopher Kay 
                                                                    ---------------- 
                                                                3.   Richard Peck 
                                                                    ---------------- 
                                                                4.   Angela Farrugia 
                                                                    ---------------- 
                                                            --------------------------------- 
 2. Reason for the notification 
                                                            --------------------------------- 
            a) Position/status                                1.   Chief Executive Officer 
                                                               2.   Chief Financial Officer 
                                                                   ------------------------ 
                                                               3.   Non-Executive Director 
                                                                   ------------------------ 
                                                               4.   Non-Executive Director 
                                                                   ------------------------ 
                                                            --------------------------------- 
            b) Initial notification / Amendment              Initial notification 
                                                            --------------------------------- 
 3. Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
            a) Name                                          Inspecs Group plc 
                                                            --------------------------------- 
            b) LEI                                           2138008Z4S4DHR6NE933 
                                                            --------------------------------- 
 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                  Ordinary Shares of 1 pence 
             instrument, type of instrument 
                                                            --------------------------------- 
            b) Identification code                           GB00BK6JPP03 
                                                            --------------------------------- 
            c) Nature of the transaction                     Awards made pursuant to the 
                                                              Inspecs Long Term Incentive 
                                                              Plan 
                                                            --------------------------------- 
            d) Price(s) and volume(s)                               Price(s)    Volume(s) 
                                                                1.   210 pence   150,000 
                                                                    ----------  ---------- 
                                                                2.   210 pence   150,000 
                                                                    ----------  ---------- 
                                                                3.   210 pence   50,000 
                                                                    ----------  ---------- 
                                                                4.   210 pence   50,000 
                                                                    ----------  ---------- 
                                                            --------------------------------- 
                           e) Aggregated information:        N/A (Single transaction for 
                            i. Aggregated volume              each individual) 
                            ii. price 
                                                            --------------------------------- 
            f) Date of the transaction                       22 December 2020 
                                                            --------------------------------- 
            g) Place of the transaction                         Outside a trading venue 
                                                            --------------------------------- 
 

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December 23, 2020 11:21 ET (16:21 GMT)

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