REG - Plastics Capital PLC - Director/PDMR Dealing and Issue of Equity <Origin Href="QuoteRef">PLA.L</Origin>

Synergia EnergyAnnouncement

03/10/2017 12:45

RNS Number : 5737S
Plastics Capital PLC
03 October 2017
Plastics Capital plc
(the "Company" or the "Group")
Director/PDMR Dealing and Issue of Equity
Plastics Capital announces that, on 3 October 2017, Andrew Walker, Non-Executive Director, exercised options over 50,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at an exercise price of 1.00 per Ordinary Share pursuant to the Options Agreement dated 27 November 2007.
Accordingly, an application has been made for 50,000 Ordinary Shares to be admitted to trading on AIM ("Admission") which is expected to occur on 9 October 2017. Following Admission the Company will have 38,995,151 Ordinary Shares in issue. This figure 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 and Transparency Rules.
Following Admission, Andrew Walker will hold 295,684 Ordinary Shares, representing approximately 0.76% per cent. of the Company's issued share capital.
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Andrew Walker
2 
Reason for the notification 
a) 
Position/status 
Non-Executive Director
b) 
Initial notification /Amendment 
Initial notification
3 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
Plastics Capital plc
b) 
LEI 
N/A
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 shares of 1p each 
Company ISIN: GB00B289KK20
b) 
Nature of the transaction 
Exercise of options over ordinary shares
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
1.00
50,000
d) 
Date of the transaction 
3 October 2017
e) 
Place of the transaction 
Outside a trading venue
Enquiries:
Plastics Capital plc
Tel: 020 7978 0574
Faisal Rahmatallah, Chairman
Nick Ball, Finance Director
Cenkos Securities
Tel: 020 7397 8900
(Nomad and joint broker)
Mark Connelly
Callum Davidson
Allenby Capital Limited
Tel: 020 3328 5656
(Joint broker)
David Hart
Katrina Perez
Notes to Editor
Plastics Capital is a niche manufacturer of specialist plastic products. Applications for these products vary widely and examples include:
 Packaging for the food manufacturing and distribution - films, sacks and pouches
 Steering columns and instrument control knobs in the automotive industry - plastic ball bearings
 Hydraulic and industrial rubber hose manufacture - various types of plastic mandrel
 Cardboard box manufacture - plastic creasing matrices
Plastics Capital's business model is based on understanding customers' problems in depth, and then developing and mass producing proprietary, technical solutions for these problems.
The business operates through two divisions, Films and Industrial, and has the majority of its production in six UK based factories, with a further three factories in Asia. Approximately 40% of its 77 million sales are made outside the UK to more than 80 countries.
Further information can be found on www.plasticscapital.com

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