Director/PDMR Shareholding
Victrex plc has awarded 13,035 free ordinary shares, valued at nil cost, to Chief Executive Officer Dr. James Routh on 12 February 2026 as part of his recruitment package, compensating him for shares forfeited from his previous employer. These Deferred Bonus Buyout Shares are subject to a holding period until 17 November 2028, with the award based on share prices from 31 December 2025. Following this award, Dr. Routh now holds a total of 17,555 ordinary shares in the company.
Select text to share a quote on X · sign in to keep highlights & notes in your VCT notes
On 12 February 2026 (the "Grant Date") Victrex awarded 13,035 free shares in the Company (the "Deferred Bonus Buyout Shares") to Dr. James Routh, Chief Executive Officer, as agreed as part of his recruitment package.
The Deferred Bonus Buyout Shares were awarded to compensate Dr. Routh in respect of 6,619 shares he would have received in his previous employer, AB Dynamics plc, but for him ceasing to be an employee of AB Dynamics plc in order to join Victrex.
The Deferred Bonus Buyout Shares are subject to a holding period ending on 17 November 2028, during which they may not normally be sold (other than to fund the tax charge arising on acquisition).
The number of Deferred Bonus Buyout Shares was based on the closing share price of Victrex and AB Dynamics plc on 31 December 2025, being the latest dealing date prior to Dr. Routh commencing employment with Victrex on 1 January 2026.
Notes:
As a result of these transactions, Dr. Routh holds 17,555 ordinary shares in the Company.
Registered Number: 2793780, England and Wales
Buyout Awards
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| (a) | Name | James Routh |
| 2. | Reason for the notification | |
| (a) | Position/status | Chief Executive Officer |
| (b) | Initial notification/ Amendment | Initial notification |
| (a) | Name | Victrex plc |
| (b) | LEI | 213800UYNPHAUNHPXL67 |
| (a) | Description of the Financial Instrument | Ordinary shares of 1p each |
| Identification code of the Financial Instrument | GB0009292243 | |
| (b) | Nature of the transaction | Award of free shares subject to a holding period |
| (c) | Price(s) and volume(s) | Price(s) Volume Nil 13,035 |
| (d) | Aggregated information: - Aggregated volume - Price | N/A Nil |
| (e) | Date of the transaction | 12 February 2026 |
| (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.