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Scapa Group Plc email alerting service

RNS Number : 8329U
Scapa Group PLC
23 January 2017
 

23 January 2017

SCAPA GROUP PLC

Director/PDMR Notification

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Scapa Group plc (AIM: SCPA), a global supplier of bonding solutions and manufacturer of adhesive-based products for the Healthcare and Industrial markets, was notified on 20 January 2017 that James Archibald Simpson Wallace, Group Chairman of the Company, sold 200,000 ordinary shares of 0.5 pence each in the share capital of the Company ("Ordinary Shares") at a price of 320 pence per Ordinary Share on 18 January 2017 and 200,000 ordinary shares of 0.5 pence each in the share capital of the Company ("Ordinary Shares") at a price of 320.13 pence per Ordinary Share on 20 January 2017, as detailed below.

On 15 December 2016, Mr Wallace announced his retirement as Chairman of the Board of Scapa Group plc with effect from 31 March 2017, at which point Mr Larry Pentz will assume Chairmanship.

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

James Archibald Simpson Wallace

 

2

Reason for the notification

 

a)

Position / status

Group Chairman

 

b)

Initial notification / amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Scapa Group plc

 

b)

LEI

 

213800QIPVTK5ES5UU36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

a)

Description of financial instrument,

type of instrument

 

Ordinary shares of 5p each


Identification Code

GB0007281198

b)

Nature of the transaction

Sale of shares

 

c)

Price(s) and volume(s)

 

Sale of 200,000 shares at 320p per share

Sale of 200,000 shares at 320.13p per share

d)

Aggregated information

-       Aggregated volume

-       Price

 

n/a

e)

Date of the transaction

18 and 20 January 2017

f)

Place of the transaction

London

 

For further information please contact:-

 

Graham Hardcastle            Group Finance Director/Company Secretary

    Scapa Group plc

    Tel: 0161 301 7400

 

Richard Thomas                 Numis Securities Limited

    Nominated Adviser and Joint Broker

                                        Tel: 0207 260 1000


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