--- title: "REG - Porvair PLC - Director/PDMR Shareholding" type: "News" locale: "en" url: "https://longbridge.com/en/news/275925657.md" description: "Porvair PLC announced the grant of options under its Long Term Share Plan to Executive Directors on February 11, 2026. CEO Hooman Caman Javvi received 88,110 options, while CFO James Mills received 59,680 options. The options have a 2 pence exercise price and can be exercised if the Group achieves specific Adjusted EPS targets by FY2028. A total of 871,643 options are now in issue, representing approximately 1.8% of shares. The options may be exercised until February 11, 2036, subject to claw-back and malus provisions." datetime: "2026-02-13T16:15:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275925657.md) - [en](https://longbridge.com/en/news/275925657.md) - [zh-HK](https://longbridge.com/zh-HK/news/275925657.md) --- # REG - Porvair PLC - Director/PDMR Shareholding RNS Number : 0141T Porvair PLC 13 February 2026 13 February 2026 Porvair plc ("Porvair" or the "Group" or the "Company") Director/PDMR Shareholding The Company announces that on 11 February 2026 options were granted under the Group's Long Term Share Plan 2018 ("LTSP") to the Executive Directors. Options under the LTSP were granted as follows: Director Position Options awarded under the LTSP Grant date Vesting date Minimum holding period Total options held, including SAYE options Hooman Caman Javvi CEO 88,110 11 February 2026 11 February 2029 2 years after vesting 216,751 James Mills CFO 59,680 297,931 These options, with a 2 pence exercise price, can only be exercised in full if the Remuneration Committee is satisfied that in the financial year ending 30 November 2028 ("FY2028") the Group has achieved Adjusted EPS of at least 64.3 pence, which is a 15% compound annual growth rate from the Adjusted EPS in the year ended 30 November 2025. 20% of the award will vest if the Group has achieved Adjusted EPS of 47.6 pence in FY2028. A sliding scale will operate if Adjusted EPS are between 47.6 pence and 64.3 pence. No shares vest if the Adjusted EPS in FY2028 is below 47.6 pence. After the vesting period, before the end of the two-year holding period, the option holder may exercise the option but may only sell sufficient shares to settle the option price and the income tax payable. The options may be exercised after the vesting period up until 11 February 2036. Claw-back and malus provisions apply. Following these grants, the total number of LTSP and SAYE options in issue is 871,643, representing approximately 1.8% of the shares in issue. For further information, please contact: Porvair plc Andrew Douglass, Group Company Secretary +44 (0) 1553 765 500 Notes to editors Porvair plc Porvair is a group of specialist filtration, laboratory and environmental technology businesses. Its businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets. It operates in three divisions: Aerospace & Industrial; Laboratory; and Metal Melt Quality. The information below (set out in accordance with the requirements of the Market Abuse Regulation) provides further detail: 1. Details of the person discharging managerial responsibilities / person closely associated a. Name Hooman Caman Javvi 2. Reason for the notification a. Position/status CEO b. Initial notification /Amendment Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a. Name Porvair plc b. LEI 213800ECKHS8LAQO3C45 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 instrument, type of instrument Identification code Options over Ordinary Shares of 2 pence under the Porvair plc Long Term Share Plan GB0006963689 b. Nature of the transaction Grant of options c. Price(s) and volume(s) Price(s) Volume(s) n/a 88,110 d. Aggregated information · Aggregated volume · Price n/a - single transaction e. Date of the transaction 11 February 2026 f. Place of the transaction Outside a trading venue 1. Details of the person discharging managerial responsibilities / person closely associated a. Name James Mills 2. Reason for the notification a. Position/status CFO b. Initial notification /Amendment Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a. Name Porvair plc b. LEI 213800ECKHS8LAQO3C45 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 instrument, type of instrument Identification code Options over Ordinary Shares of 2 pence under the Porvair plc Long Term Share Plan GB0006963689 b. Nature of the transaction Grant of options c. Price(s) and volume(s) Price(s) Volume(s) n/a 59,680 d. Aggregated information · Aggregated volume · Price n/a - single transaction e. Date of the transaction 11 February 2026 f. Place of the transaction Outside a trading venue 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. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. 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