TIDMVEC

RNS Number : 1231P

Vectura Group plc

05 June 2020

VECTURA GROUP PLC

DIRECTOR/PDMR SHARE DEALING

Vectura Group plc

5 June 2020

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Vectura Group plc (LSE: VEC; "Vectura" or "the Company") confirms that on

3 June 2020, Paul Fry, Chief Financial Officer exercised his award of 225,741 forfeitable ordinary shares to which Listing Rule 9.4.2(2) applies. Sufficient shares were sold to cover the tax and national insurance liability with the remaining shares retained by Mr Fry. Post this transaction Paul Fry has acquired 119,429 shares. His current holding is now 119,429 (0.02%)

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Paul Fry 
     -------------------------------  ---------------------------------------------- 
 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                              213800SR8BL1K6EPX533 
     -------------------------------  ---------------------------------------------- 
 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 0.0271 pence each in 
       the financial instrument,        Vectura Group plc 
       type of instrument 
       Identification                   GB00BKM2MW97 
       code 
     -------------------------------  ---------------------------------------------- 
 b)   Nature of the transaction        Exercise of award of 225,741 forfeitable 
                                        ordinary shares to which Listing Rule 
                                        9.4.2(2) applies and sale of sufficient 
                                        shares to cover the income tax and national 
                                        insurance liability. The remaining 119,429 
                                        shares have been retained. 
     -------------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)                                   Price(s)   Volume(s) 
                                         Exercise               nil        225,741 
                                                               ---------  ---------- 
                                         Sale to cover 
                                          tax/Ni liabilities    0.8825     106,312 
                                                               ---------  ---------- 
     -------------------------------  ---------------------------------------------- 
 d)        Aggregated information                              Price(s)   Volume(s) 
             *    Aggregated volume      Exercise               nil        225,741 
                                                               ---------  ---------- 
                                         Sale to cover 
             *    Price                   tax/Ni liabilities    0.8825     106,312 
                                                               ---------  ---------- 
     -------------------------------  ---------------------------------------------- 
 e)   Date of the transaction          3 June 2020 
     -------------------------------  ---------------------------------------------- 
 f)   Place of the transaction         London Stock Exchange (XLON) 
     -------------------------------  ---------------------------------------------- 
 

Enquiries:

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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June 05, 2020 06:00 ET (10:00 GMT)

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