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RNS Number : 8408B Zotefoams PLC 06 June 2023
Zotefoams plc
(the 'Company')
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs
6 June 2023 - The Company has received notice from its Employee Benefit Trust
of the exercise of nil cost options granted over ordinary shares of 5 pence
each ('Shares') under the Company's Long-Term Incentive Plan ('LTIP') at an
aggregate price of £3.45 as follows:
Number of shares exercised Number of shares retained Number of shares sold for tax Number of shares sold Aggregate number of shares held
D B Stirling 5,336 Nil Nil 5,336 492,746
G C McGrath 3,596 1,902 1,694 Nil 100,439
Awards granted under the LTIP vest subject to the satisfaction of performance
targets over the three-year performance period. The awards were increased to
reflect the dividends paid during the restricted period.
The Notification of Dealing Form can be found below.
This announcement is made in accordance with the requirements of Article 19 of
the UK Market Abuse Regulation.
Lydia Harratt
Group Company Secretary
Zotefoams plc
020 8664 1600
About Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology
delivering optimal material solutions for the benefit of society. Utilising a
variety of unique manufacturing processes, including environmentally friendly
nitrogen expansion for lightweight AZOTE(®) polyolefin and ZOTEK(®)
high-performance foams, Zotefoams sells to diverse markets worldwide.
Zotefoams uses its own cellular materials to manufacture T-FIT(®) advanced
insulation for demanding industrial markets. Zotefoams also owns and licenses
patented microcellular foam technology to reduce plastic use in extrusion
applications and for ReZorce(®) mono-material recyclable barrier packaging.
Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites
in Kentucky, USA and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam
products manufacture and conversion), Massachusetts, USA and Stilling, Denmark
(microcellular foam technology) and Jiangsu Province, China (T-FIT).
www.zotefoams.com (http://www.zotefoams.com)
AZOTE(®), ZOTEK(®), ReZorce(®) and T-FIT(®) are registered trademarks of
Zotefoams plc.
ZOTEFOAMS PLC
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY
ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: David Burns Stirling
2. Reason for the notification
a) Position/status: Group CEO
b) Initial notification/Amendment: Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Zotefoams plc
b) LEI: 213800B6P256B5XN8D32
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:
Ordinary shares of 5 pence each
Identification code: GB0009896605
b) Nature of the transaction: Exercise and sale under the Long-Term Incentive
Plan
c) Price(s) and volume(s):
Date Volume Price
5June 2023 304 £3.51
6June 2023 5,032 £3.45
d) Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
£3.45 5,336 £18,409.20
e) Date of the transaction: 6 June 2023
f) Place of the transaction: XLON
d)
Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
£3.45 5,336 £18,409.20
e)
Date of the transaction: 6 June 2023
f)
Place of the transaction: XLON
ZOTEFOAMS PLC
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY
ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Gary Christopher McGrath
2. Reason for the notification
a) Position/status: Group CFO
b) Initial notification/Amendment: Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Zotefoams plc
b) LEI: 213800B6P256B5XN8D32
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:
Ordinary shares of 5 pence each
Identification code: GB0009896605
b) Nature of the transaction: Exercise and retention under the Long-Term
Incentive Plan
c) Price(s) and volume(s):
Date Volume Price
5June 2023 96 £3.51
6June 2023 1,598 £3.45
6June 2023 1,902 £3.45
d) Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
£3.45 3,596 £12,406.20
e) Date of the transaction: 6 June 2023
f) Place of the transaction: XLON
d)
Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
£3.45 3,596 £12,406.20
e)
Date of the transaction: 6 June 2023
f)
Place of the transaction: XLON
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