REG - Alumasc Group Plc - Director/PDMR Shareholding

AlumascAnnouncement

06/11/2024 13:45

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RNS Number : 2185L  Alumasc Group PLC (The)  06 November 2024

 

The Alumasc Group plc

 

(the "Company")

 

6 November 2024

PDMR/PCA dealing

The Company announces that it received notification on 5 November 2024 that
Mrs. Luan Leaf, a person closely associated to Mr Michael Leaf, an Executive
Director, exercised 10,000 options over ordinary shares of 12.5p each
("Ordinary Shares") at a price of 225.66p each, held under the 2021 Alumasc
Employee Share Option Scheme.  Following the exercise Mrs. Leaf sold 8,370 of
the resulting Ordinary Shares to cover tax, national insurance and the option
exercise price.

Following the above Michael Leaf's total holding (including shares held by his
Person Closely Associated) was:

 

               Total holding of Shares  % of issued share capital
 Michael Leaf  144,227                  0.399

 

Settlement of the award was made from existing Ordinary Shares held by the
Alumasc Employee Benefit Trust.

The below notification, made in accordance with the requirements of the EU
Market Abuse Regulation, gives further detail of the transactions.

 

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

 

 1.                    Details of the person discharging managerial responsibilities / person closely
                       associated
 a.                    Name                                      Luan Leaf (Person closely associated with Michael Leaf)

 2.                    Reason for the notification
 a.                    Position/status                           Persons closely associated to Michael Leaf - Executive Director

 b.                    Initial notification                      Initial notification

                       /Amendment

 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                Options over Ordinary Shares of 12.5p each

                       of instrument                             Ordinary Shares of 12.5p each

                       Identification code

                                                                 Ordinary Shares: GB0000280353
 b.                    Nature of the transaction                 Vesting of shares award under The Alumasc Group plc 2014 Executive Share
                                                                 Option Plan (2021 Scheme)

 c.                    Price(s) and volume(s)

Price(s)  Volume(s)

                                                                 Exercise
                                                                 225.66p   10,000
                                                                 Sale
                                                                 310p      8,370

 

 d.                    Aggregated information

                       ·    Aggregated volume

                       ·    Price

                                                                 As above
 e.                    Date of the transaction                   2024-11-5

 f.                    Place of the transaction                  Exercise and sale: Off-market

 

 

d.

Aggregated information

·    Aggregated volume

·    Price

 

 

 

 

As above

e.

Date of the transaction

2024-11-5

 

 

f.

Place of the transaction

Exercise and sale: Off-market

 

 

Enquiries:

 

 The Alumasc Group plc                              +44 (0)1536 383844

 Paul Hooper (Chief Executive)

 Simon Dray (Group Finance Director)

 Helen Ashton (Group Company Secretary)

 Peel Hunt (Broker)                                 +44 (0)207 418 8831

 Mike Bell

 Ed Allsopp

 Cavendish Capital Markets Ltd (Nominated Adviser)  +44 (0)207 220 0500

 Julian Blunt

 Edward Whiley

 Camarco (Financial PR)                             alumasc@camarco.co.uk (mailto:alumasc@camarco.co.uk)

 Ginny Pulbrook                                     +44 (0)203 757 4992

 Tilly Butcher

 

Notes to Editors:

Alumasc is a UK-based supplier of premium sustainable building products,
systems and solutions. Almost 80% of Group sales are driven by building
regulations and specifications (architects and structural engineers) because
of the performance characteristics offered.

The Group has three business segments with strong positions and brands in
their individual markets. The three segments are: Water Management; Building
Envelope; and Housebuilding Products.

 

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