REG - Plastics Capital PLC - Director/PDMR Shareholding
RNS Number : 5970JPlastics Capital PLC05 December 2018Plastics Capital plc
(the "Company" or the "Group")
Director/PDMR Dealing
The Company announces that BW Family Ltd, a trust set up for the benefit of Keith Butler Wheelhouse and his family, and which is considered to be a person closely associated with Mr Butler-Wheelhouse, Non-Executive Director, purchased 25,000 ordinary shares of 1p each at a price of 108p per share on 4 December 2018. Following this transaction, Mr Butler-Wheelhouse has a total beneficial interest in 369,798 ordinary shares in the Company.
following dealings in ordinary shares of 1p each by Keith Butler-Wheelhouse, Non-Executive Director, and his wife in accordance with the requirements of the EU Market Abuse Regulation.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
BW Family Ltd
2
Reason for the notification
a)
Position/status
Trust set up for the benefit of Keith Butler Wheelhouse and his family, and which is considered to be a person closely associated with Mr Butler-Wheelhouse, Non-Executive Director of Plastics Capital plc
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
213800EN5TUVOZKU6W304
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)
108 pence per share
25,000
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transactions
4 December 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
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 two factories in Asia and one in the USA. Approximately 50% 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHBIBDDUDGBGIU
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