REG - Alumasc Group Plc - Director/PDMR Shareholding <Origin Href="QuoteRef">ALUG.L</Origin>

AlumascAnnouncement

21/03/2016 14:35

RNS Number : 7862S
Alumasc Group PLC
21 March 2016
Monday 21 March 2016
THE ALUMASC GROUP PLC (the "Company")
Director/PDMR Shareholding
Exercise of options under the Company's Long Term Investment Plan ("LTIP")
The Company has received notification that on 18 March 2016 the following directors exercised nil cost option awards in accordance with the rules of the 2008 LTIP scheme:
Director
No. of options exercised
Percentage of issued ordinary share capital
G Paul Hooper
87,259
0.24%
Andrew Magson
36,538
0.10%
The participants in the 2008 LTIP scheme are not required to make any payment for the exercised shares, which vested on 18 March 2016 following the achievement of specified performance targets as detailed in the Company's 2015 Annual Report and Accounts.
Total shareholding following notification
As a result of these transactions, the directors' total holdings of ordinary shares in the Company are as follows:
Director
Number of ordinary shares beneficially owned
Percentage of issued ordinary share capital
G Paul Hooper
191,902
0.53%
Andrew Magson
61,538
0.17%
Enquiries:
The Alumasc Group plc
01536 383814
John Douglas
Deputy Group Company Secretary

This information is provided by RNS
The company news service from the London Stock Exchange
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