Vectura Group plc Director/PDMR Shareholding (8225I)
March 23 2018 - 11:12AM
UK Regulatory
TIDMVEC
RNS Number : 8225I
Vectura Group plc
23 March 2018
VECTURA GROUP PLC
DIRECTOR/PDMR SHARE DEALING
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, 23 March 2018: Vectura Group plc (LSE: VEC;
"Vectura" or "the Company") confirms that on 23 March 2018, 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 Andrew Derodra
--- ------------------------------- ------------------------------------
2 Reason for Notification
--- ---------------------------------------------------------------------
a) Position/status Chief Financial 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 Ordinary Shares of 0.025 pence
the financial instrument, each in Vectura Group plc
type of instrument GB00B01D1K48
Identification
code
--- ------------------------------- ------------------------------------
b) Nature of the transaction Grant of an award under the
Company's Long Term Incentive
Plan as a nil exercise price
option. Vesting is subject
to (i) stretching performance
over 3 financial years commencing
with the year of grant and
(ii) continued service, and
is normally 3 years after
grant. Further details of
the performance targets will
be set out in the Directors'
Remuneration Report included
in the Company's Report an
Accounts.
--- ------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 890,620
---------- ----------
--- ------------------------------- ------------------------------------
d) Aggregated information Not applicable - single transaction
* Aggregated volume
* Price
--- ------------------------------- ------------------------------------
e) Date of the transaction 23 March 2018
--- ------------------------------- ------------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- ------------------------------------
Enquiries:
John Murphy, Company Secretary Tel: + 44 (0)207 881 0524
This information is provided by RNS
The company news service from the London Stock Exchange
END
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