REG - Plastics Capital PLC - Director/PDMR Shareholding

Synergia EnergyAnnouncement

16/03/2018 14:25

RNS Number : 0298I
Plastics Capital PLC
16 March 2018
Plastics Capital plc
(the "Company" or the "Group")
Director/PDMR Dealing
The Company has been informed today that Keith Butler-Wheelhouse, Non-Executive Director, on 15 March 2018 purchased 12,500 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 121.6p per share and on 16 March 2018 purchased 28,500 Ordinary Shares at a price of 122p per share, resulting in an aggregate purchase of 41,000 Ordinary Shares. Following these transactions, Mr Butler-Wheelhouse now has an interest in 289,798 Ordinary Shares, representing approximately 0.74 per cent. of the Company's issued ordinary share capital.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Keith Butler-Wheelhouse
2
Reason for the notification
a)
Position/status
Non-Executive Director
b)
Initial notification /Amendment
Initial
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
ISIN:  GB00B289KK20
b)
Nature of the transaction
Purchase of ordinary shares of 1p each
c)
Price(s) and volume(s)
Price(s)
Volume(s)
121.6 pence per share
12,500
122 pence per share
28,500
d)
Aggregated information
- Aggregated volume
- Price
41,000
121.878049p
e)
Date of the transactions
15 March 2018 and 16 March 2018
f)
Place of the transactions
London Stock Exchange
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
Walbrook PR Ltd
Tel: 020 7933 8780/plastics@walbrookpr.com
Paul Cornelius
Mob: 07866 384 707
Helen Cresswell
Mob: 07841 917 679
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 onwww.plasticscapital.com

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