REG - Alumasc Group Plc - Director/PDMR Shareholding

AlumascAnnouncement

26/11/2018 11:15

RNS Number : 4947I
Alumasc Group PLC
26 November 2018
 


26 November 2018
 
The Alumasc Group plc (the "Company")
 
NOTIFICATION OF TRANSACTION BY A DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY
 
The Company was notified that, on 23 November 2018, Gilbert Jackson, a person discharging managerial responsibility in the Company ("PDMR"), acquired Ordinary Shares of 12.5 pence each in the Company ("Shares") at nil cost following the vesting on 13 March 2018 of a share award under the Company's Long Term Incentive Plan and sold those Shares at the price shown below, in part to cover the tax and social security due.  The Shares acquired were existing Shares in issue held by the Alumasc Group Employee Trust.
 



PDMR


No. of Shares vested


No. of Shares sold


Sale price




Gilbert Jackson


19,000


19,000


127.37p



 
 
 
The Notification of Dealing Form for the above PDMR can be found below. This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.
 



·         


Details of the person discharging managerial responsibilities / person closely associated




·          


Name


Gilbert Jackson
 




·          


Reason for the notification




·          


Position/status


Persons Discharging Managerial responsibility
 




·          


Initial notification
/Amendment
 


Initial notification
 




·          


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




·         


Name


The Alumasc Group plc
 




·         


LEI


2138002MV11VKZFJ4359
 




·          


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




·          


Description of the
Financial instrument, type
of instrument
Identification code
 


 
Ordinary 12.5p shares
 
 
GB0000280353




·          


Nature of the transaction


Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan and sale of shares.
 




·          


Price(s) and volume(s)


Exercise of Long Term Incentive Plan awards (nil cost options)
 



PDMR


Price(s)
 


Volume(s)




Gilbert Jackson


n/a


19,000



 
Sale of shares
 



PDMR


Price(s)
 


Volume(s)




Gilbert Jackson


127.37p


19,000








·          


Aggregated information
·      Aggregated volume
·      Price
 


Exercise of Long Term Incentive Plan awards
19,000 Ordinary 12.5p shares acquired through the exercise of nil cost options
 
Sale of shares
19,000 Ordinary 12.5p shares sold at 127.37 pence per share
 




·          


Date of the transaction


2018-11-23
 




·          


Place of the transaction


London Stock Exchange, Main Market (XLON)
 



 
Enquiries:
Helen Ashton, Group Company Secretary Designate

The Alumasc Group plc

Station Road, Burton Latimer, Kettering, Northants NN15 5JP
Tel: 01536 383812
 




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