REG - Zotefoams PLC - Director/PDMR Shareholding

ZotefoamsAnnouncement

25/04/2019 16:45

RNS Number : 1533X
Zotefoams PLC
25 April 2019
 


Zotefoams plc
(the 'Company')
 
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs
 
Further to the announcement made on 16 April 2019, the Company has received notice from its Employee Benefit Trust of the further sale for tax of nil cost options granted over ordinary shares of 5 pence each ('Shares') under the Company's 2012 Deferred Bonus Share Plan ('DBSP') and 2007 Long-Term Incentive Plan ('LTIP') by Mr D B Stirling and Mr G C McGrath as follows:
 



Director
 


Shares sold for tax


Sale price (£)


Date




D B Stirling


12,051
20,757


£5.7000
£5.740826


18 April 2019
24 April 2019




G C McGrath


7,049
12,142


£5.7000
£5.740826


18 April 2019
24 April 2019



 
The Notification of Dealing Form for Mr Stirling and Mr McGrath can be found below.
 
This notification is made in accordance with the Market Abuse Regulation.
 
Enquiries:
James Adams
Interim Company Secretary
Zotefoams plc
 
25 April 2019
 
020 8664 1600
 
About Zotefoams plc:
Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology.  Using a unique manufacturing process with environmentally friendly nitrogen expansion, Zotefoams produces and sells lightweight AZOTE® polyolefin and ZOTEK® high-performance foams for diverse markets worldwide.  Zotefoams uses its own cellular materials to manufacture T-FIT® advanced insulation for demanding industrial markets.  In addition, Zotefoams owns and licenses patented MuCell® microcellular foam technology, developed specifically for extrusion applications, from a base in Massachusetts, USA to customers worldwide.
 
Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky and Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT®).
 
www.zotefoams.com
 
AZOTE®, ZOTEK®, T-FIT® are registered trademarks of Zotefoams plc
MuCell® is a registered trademark of Trexel Inc.
 
 
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 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 for tax under the Long-Term Incentive Plan




c)


Price(s) and volume(s):



Price(s)


Volume(s)




£5.70


10,846








d)


Aggregated information:
 



Aggregate Price


Aggregate Volume


Aggregate Total




£5.70


10,846


£61,822.20








e)


Date of the transaction: 18 April 2019




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 sale for tax under the Deferred Bonus Share Plan




c)


Price(s) and volume(s):



Price(s)


Volume(s)




£5.70


1,205








d)


Aggregated information:
 



Aggregate Price


Aggregate Volume


Aggregate Total




£5.70


1,205


£6,868.5








e)


Date of the transaction: 18 April 2019




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 sale for tax under the Long-Term Incentive Plan




c)


Price(s) and volume(s):



Price(s)


Volume(s)




£5.740826


18,681








d)


Aggregated information:
 



Aggregate Price


Aggregate Volume


Aggregate Total




£5.740826


18,681


£107,244.37








e)


Date of the transaction: 24 April 2019




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 sale for tax under the Deferred Bonus Share Plan




c)


Price(s) and volume(s):



Price(s)


Volume(s)




£5.740826


2,076








d)


Aggregated information:
 



Aggregate Price


Aggregate Volume


Aggregate Total




£5.740826


2,076


£11.917.95








e)


Date of the transaction: 24 April 2019




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 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 sale for tax under the Long-Term Incentive Plan




c)


Price(s) and volume(s):



Price(s)


Volume(s)




£5.70


7,049








d)


Aggregated information:
 



Aggregate Price


Aggregate Volume


Aggregate Total




£5.70


7,049


£40,179.30








e)


Date of the transaction: 18 April 2019




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 sale for tax under the Long-Term Incentive Plan




c)


Price(s) and volume(s):



Price(s)


Volume(s)




£5.740826


12,142








d)


Aggregated information:
 



Aggregate Price


Aggregate Volume


Aggregate Total




5.740826


12,142


£69,705.11








e)


Date of the transaction: 24 April 2019




f)


Place of the transaction: XLON



 




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