REG - Castings PLC - Exercise of Options and Director/PDMR Shareholding

CastingsAnnouncement

Yesterday 16:15

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RNS Number : 7566Z  Castings PLC  17 September 2025

 

Castings plc (the "Company")

Exercise of Options by Persons Discharging Managerial Responsibilities
("PDMRs")

 

Castings PLC ("Castings" or "the company"), the leading iron casting and
machining group primarily focused on the European heavy truck market,
announces that PDMRs have exercised in aggregate 35,292 options over ordinary
shares of 10p each in the capital of the Company ("Ordinary Shares") at an
exercise price of £nil each pursuant to the Castings 2020 Restricted Share
Plan.

 

 Date of Exercise   Name         Number of options exercised  Number of Ordinary Shares received pursuant to the exercise*  Shareholding post-exercise
 17 September 2025  Adam Vicary  20,432                       10,828                                                        50,828
 17 September 2025  Steven Mant  14,860                       7,875                                                         27,912

 

* The options have been exercised on a cash-less basis, after deductions for
income tax and national insurance contributions.

 

The exercise of options is being satisfied from existing Ordinary Shares which
were held by the Company in treasury.

 

Total Voting Rights

The Company's issued share capital comprises 43,632,068 Ordinary Shares.
Following this exercise of options, the Company holds 155,297 shares in
treasury. Therefore, the total number of voting rights in the Company is
43,476,771.

 

The above figure of 43,476,771 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.

 

Castings
PLC
+44 (0) 1543 374341

S J Mant, Director and Company Secretary

 

Canaccord Genuity Limited (Joint
Broker)                             +44 (0) 20
7523 8000

Adam James

George Grainger

 

Zeus Capital Limited (Joint
Broker)
+44 (0) 20 3829 5000

Dominic King (Corporate Broking)

David Foreman (Investment Banking)

 

 

Notes for Editors

Castings PLC is a leading iron casting and machining group based in the UK,
supplying both the domestic and export markets. It has gross foundry capacity
of 70,000 tonnes p.a. and is highly invested with the latest automation
technologies. This enables high mix production of low volume parts on a just
in time basis to provide a competitive edge. Castings has long-term
relationships with the major OEMs in its core European heavy truck market and
their platforms typically last over 10 years in production. In addition to the
commercial vehicle sector, Castings PLC also supplies the wind power,
agriculture, rail and material handling markets. www.castings.plc.uk
(http://www.castings.plc.uk)

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                      1.   Adam Vicary

                                                2.   Steven Mant
 2    Reason for the notification
 a)   Position/status                           1.   Chief Executive Officer

                                                2.   Finance Director
 b)   Initial notification /Amendment           Initial notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                      Castings plc
 b)   LEI                                       2138004LKVACAUE94W70
 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              Ordinary shares of 10 pence

                                         each
      instrument, type of instrument

      Identification code

                                                GB0001795680
 b)   Nature of the transaction                 Exercise of share options
 c)   Price(s) and volume(s)

Price(s)     Volume(s)
                                                1.   Nil     1.   10,828

                                                2.   Nil     2.   7,875

 

                                                The above number of shares are the net number after deducting for income tax
                                                and national insurance contributions.

 d)   Aggregated information                    N/A - Singe transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                   17 September 2025
 f)   Place of the transaction                  Outside a trading venue

 

The above number of shares are the net number after deducting for income tax
and national insurance contributions.

 

d)

 

Aggregated information

- Aggregated volume

- Price

N/A - Singe transaction

e)

Date of the transaction

17 September 2025

f)

Place of the transaction

Outside a trading venue

 

 

 

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