Director/PDMR Shareholding
Victrex PLC announced on December 11, 2025, that its Chief Executive Officer, Jakob Sigurdsson, and Chief Financial Officer, Ian Melling, received share option awards on December 10, 2025. Sigurdsson and Melling were granted deferred bonus awards under the 2017 Deferred Bonus Plan, vesting in three years, with Melling also receiving nil cost options under the 2019 Long Term Incentive Plan, subject to performance conditions and a subsequent two-year holding period. Melling received 96,207 options, while Sigurdsson and Melling received 16,189 and 8,192 options respectively, all granted outside a trading venue with no cost.
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Victrex plc (the Company) is an innovative world leader in high performance polymer solutions, delivering sustainable products which enable environmental and societal benefit in multiple end-markets. The Company announces details of the grant of share option awards on 10 December 2025 to the Company's Executive Directors in respect of Ordinary Shares of 1p each in the Company.
Two separate awards were granted:
- Jakob Sigurdsson (Chief Executive Officer) and Ian Melling (Chief Financial Officer) of the Company have received a deferred bonus award (based on a partial bonus being triggered, for non-profit metrics including underlying operating cash conversion) in respect of the Company's financial year ended 30 September 2025 granted under the Company's 2017 Deferred Bonus Plan. The awards vest on the third anniversary of the grant and are not subject to any performance criteria.
- Ian Melling received an award of nil cost options under the Company's 2019 Long Term Incentive Plan. The award vests on the third anniversary of the grant, subject to the satisfaction of pre-determined performance conditions and any vested shares will be subject to a two-year holding period thereafter.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | 1. Jakob Sigurdsson 2. Ian Melling |
| 2 | Reason for the notification | |
| a) | Position/status | 1. Chief Executive Officer 2. Chief Financial Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Victrex plc |
| b) | LEI | 213800UYNPHAUNHPXL67 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 1p each |
| Identification code | ||
| b) | Nature of the transaction | Grant of Options under the Victrex 2017 Deferred Bonus Plan |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| 1 | Nil cost | 16,189 |
| 2 | Nil cost | 8,192 |
| d) | Aggregated information | |
| - Aggregated volume | n/a | |
| - Price | Nil | |
| e) | Date of the transaction | 2025-12-10 |
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Ian Melling |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Victrex plc |
| b) | LEI | 213800UYNPHAUNHPXL67 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 1p each |
| Identification code | ||
| b) | Nature of the transaction | Grant of a Nil Cost Option under the Victrex 2019 Long Term Incentive Plan |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| 1. | Nil cost | 96,207 |
| d) | Aggregated information | |
| - Aggregated volume | n/a | |
| - Price | Nil | |
| e) | Date of the transaction | 2025-12-10 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.