REG - Alumasc Group Plc - Director/PDMR Shareholding

AlumascAnnouncement

12/10/2021 15:20

RNS Number : 8398O
  
Alumasc Group PLC
  
12 October 2021
  
 

 
 
 
The Alumasc Group plc
12 October 2021
Director Dealings
 
 
 
On 11 October 2021, The Alumasc Group plc (the 'Company') was notified of the following transactions which took place with respect to Paul Hooper, Chief Executive Officer of the Company, Gilbert Jackson, Executive Director and Michael Leaf, Executive Director, relating to the vesting of share awards held under the Alumasc 2018 Long Term Incentive Plan.  Additionally, Mr Jackson and Mr Leaf sold part of their resulting holdings as further detailed below to cover tax and NI liabilities arising on the vesting of awards and Michael Leaf transferred his resulting shares to Mrs Luan Leaf, a closely associated person.
 
Following these transactions, the resulting number of Ordinary Shares of 12.5p each ('Shares') in the capital of the Company held by the above Directors or by their Closely Associated Persons were:
 







Total holding of Shares


% of issued share capital




Paul Hooper


881,766


2.44%




Gilbert Jackson


22,950


0.06%




Michael Leaf


36,937


0.10%



 
Settlement of all of the above awards were made from existing ordinary shares held by the Alumasc Employee Benefit Trust.
 
For further information in respect of this announcement: Helen Ashton, Group Company Secretary
Date of Notification: 12 October 2021
Tel: 01536 383844
 
 



1.         


Details of the person discharging managerial responsibilities / person closely associated




a.          


Name


Paul Hooper
 




2.          


Reason for the notification




a.          


Position/status


Chief Executive Officer and PDMR
 




b.          


Initial notification
/Amendment
 


Initial notification
 




3.          


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




a.         


Name


The Alumasc Group plc
 




b.         


LEI


2138002MV11VKZFJ4359
 




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
 


 
Ordinary 12.5p shares
 
 
GB0000280353




b.          


Nature of the transaction


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




c.          


Price(s) and volume(s)


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



Chief Executive Officer and PDMR


Price(s)
 


Volume(s)




Paul Hooper


Nil


111,810






















d.          


Aggregated information
·      Aggregated volume
·      Price
 


Exercise of Long Term Incentive Plan awards
 
111,810 Ordinary Shares acquired at nil cost
 
 




e.          


Date of the transaction


2021-10-11
 




f.          


Place of the transaction


Off Market 



 



1.


Details of the person discharging managerial responsibilities / person closely associated




a.          


Name


Gilbert Jackson
 




2.          


Reason for the notification




a.          


Position/status


Executive Director and PDMR
 




b.          


Initial notification
/Amendment
 


Initial notification
 




3.          


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




a.         


Name


The Alumasc Group plc
 




b.         


LEI


2138002MV11VKZFJ4359
 




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
 


 
Ordinary 12.5p shares
 
 
GB0000280353




b.          


Nature of the transaction


(1)   Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan.
(2)   Shares sold to cover the tax liability on vesting.
 




c.          


Price(s) and volume(s)


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



Executive Director and PDMR


Price(s)
 


Volume(s)




Total number of shares on vesting


Nil


43,303




Shares sold to cover tax liabilities on vesting


225p


20,353






















d.          


Aggregated information
·      Aggregated volume
·      Price
 


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



Executive Director and PDMR


Price(s)
 


Volume(s)




Total number of shares on vesting


Nil


43,303




Shares sold to cover tax liabilities on vesting


225p


20,353






















e.          


Date of the transaction


2021-10-11
 




f.          


Place of the transaction


Off Market 



 



1.


Details of the person discharging managerial responsibilities / person closely associated




a.          


Name


Michael Leaf
 




2.          


Reason for the notification




a.          


Position/status


Executive Director and PDMR
 




b.          


Initial notification
/Amendment
 


Initial notification
 




3.          


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




a.         


Name


The Alumasc Group plc
 




b.         


LEI


2138002MV11VKZFJ4359
 




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
 


 
Ordinary 12.5p shares
 
 
GB0000280353




b.          


Nature of the transaction


(1)   Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan.
(2)   Shares sold to cover the tax liability on vesting.
(3)   Shares transferred to Mrs Luan Leaf, a closely associated person
 




c.          


Price(s) and volume(s)


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



Executive Director and PDMR


Price(s)
 


Volume(s)




Total number of shares on vesting


Nil


38,798




Shares sold to cover tax liabilities on vesting


225p


18,236




Shares transferred to a Closely Associated Person, Mrs L Leaf


Nil


20,562






















d.          


Aggregated information
·      Aggregated volume
·      Price
 


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



Executive Director and PDMR


Price(s)
 


Volume(s)




Total number of shares on vesting


Nil


38,798




Shares sold to cover tax liabilities on vesting


225p


18,236




Shares transferred to a Closely Associated Person, Mrs L Leaf


Nil


20,562






















e.          


Date of the transaction


2021-10-11
 




f.          


Place of the transaction


Off Market 



 
 

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