REG - Zotefoams PLC - Notification Of Transactions Of Directors/PDMRs

ZotefoamsAnnouncement

11/10/2023 10:00

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RNS Number : 7926P  Zotefoams PLC  11 October 2023

Zotefoams plc

(the 'Company')

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs

11 October 2023 - On 10 October 2023, the Company 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') as follows:

 PDMRs
              Award      Number of shares exercised  Number of shares retained  Number of shares sold for tax  Share price

                                                                                                               £
 K D Hewson   LTIP 2020  9,095                       0                          0                              2.926087
 H D Morgan   LTIP 2020  8,368                       4,426                      3,942                          2.926087
 J P Bridges  LTIP 2020  4,366                       0                          0                              2.926087
 B Sala       LTIP 2020  5,325                       5,325                      0                              3.08

 

Awards granted under the LTIP vest subject to the satisfaction of performance
targets over the three-year performance period.

All 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

 

Enquiries:

                              +44 (0) 208 664 1600

 Zotefoams plc
 David Stirling, Group CEO
 Gary McGrath, Group CFO

 IFC Advisory                 +44 (0) 203 934 6630
 Graham Herring

 Tim Metcalfe

 Zach Cohen

 

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, Brzeg, Poland (foam manufacture), Oklahoma, USA (foam
products manufacture and conversion), Massachusetts, USA, 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: Karl David Hewson
 2.  Reason for the notification
 a)  Position/status: Senior Executive
 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 of shares under the Long-Term
     Incentive Plan
 c)  Price(s) and volume(s):

Volume  Price
     9,095   £2.926087
 d)  Aggregated information:

Aggregate Price  Aggregate Volume  Aggregate Total
     £2.926087        9,095             £26,612.76
 e)  Date of the transaction: 10 October 2023
 f)  Place of the transaction: XLON

d)

Aggregated information:

 

 Aggregate Price  Aggregate Volume  Aggregate Total
 £2.926087        9,095             £26,612.76

e)

Date of the transaction: 10 October 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: Hugh De Riemer Morgan
 2.  Reason for the notification
 a)  Position/status: Senior Executive
 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 of shares for tax under the
     Long-Term Incentive Plan
 c)  Price(s) and volume(s):

Volume  Price
     3,942   £2.926087
 d)  Aggregated information:

Aggregate Price  Aggregate Volume  Aggregate Total
     £2.926087        3,942             £11,534.63
 e)  Date of the transaction: 10 October 2023
 f)  Place of the transaction: XLON
 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 of shares under the
     Long-Term Incentive Plan
 c)  Price(s) and volume(s):

Volume  Price
     4,426   £2.926087
 d)  Aggregated information:

Aggregate Price  Aggregate Volume  Aggregate Total
     £2.926087        4,426             £12,950.86
 e)  Date of the transaction: 10 October 2023
 f)  Place of the transaction: XLON

d)

Aggregated information:

 

 Aggregate Price  Aggregate Volume  Aggregate Total
 £2.926087        3,942             £11,534.63

e)

Date of the transaction: 10 October 2023

f)

Place of the transaction: XLON

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 of shares under the
Long-Term Incentive Plan

c)

Price(s) and volume(s):

 Volume  Price
 4,426   £2.926087

d)

Aggregated information:

 

 Aggregate Price  Aggregate Volume  Aggregate Total
 £2.926087        4,426             £12,950.86

e)

Date of the transaction: 10 October 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: James Peter Bridges
 2.  Reason for the notification
 a)  Position/status: Senior Executive
 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 of shares under the Long-Term
     Incentive Plan
 c)  Price(s) and volume(s):

Volume  Price
     4,366   £2.926087
 d)  Aggregated information:

Aggregate Price  Aggregate Volume  Aggregate Total
     £2.926087        4,366             £12,775.30
 e)  Date of the transaction: 10 October 2023
 f)  Place of the transaction: XLON

d)

Aggregated information:

 

 Aggregate Price  Aggregate Volume  Aggregate Total
 £2.926087        4,366             £12,775.30

e)

Date of the transaction: 10 October 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: Benito Sala
 2.  Reason for the notification
 a)  Position/status: Senior Executive
 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 of shares under the
     Long-Term Incentive Plan
 c)  Price(s) and volume(s):

Volume  Price
     5,325   £3.08
 d)  Aggregated information:

Aggregate Price  Aggregate Volume  Aggregate Total
     £3.08            5,325             £16,401.00
 e)  Date of the transaction: 10 October 2023
 f)  Place of the transaction: XLON

d)

Aggregated information:

 

 Aggregate Price  Aggregate Volume  Aggregate Total
 £3.08            5,325             £16,401.00

e)

Date of the transaction: 10 October 2023

f)

Place of the transaction: XLON

 

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