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Scapa Group Plc email alerting service

RNS Number : 2488Q
Scapa Group PLC
08 September 2017
 

SCAPA GROUP PLC

PDMR Notification

 

8 September 2017

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')

Scapa Group plc (AIM: SCPA), a global supplier of bonding solutions and manufacturer of adhesive-based products for the Healthcare and Industrial markets, announces that it was notified on 6 September 2017 of the exercise and subsequent sale of certain options under the 2011 Performance Share Plans ('PSP') by PDMRs of the Company, as set out below.

 

In addition, the Company announces that it has issued 104,727 new ordinary shares of 5 pence each in the capital of the Company ('Ordinary Shares') pursuant to the exercise of options under the 2011 Performance Share Plans ('PSP') by PDMRs of the Company. The Shares have been admitted to trading on AIM in accordance with the Company's block listing.

 

The Company advises that, following the issue of the new Ordinary Shares pursuant to the exercise of options under the PSP, the Company's issued share capital is 153,422,089.  No Ordinary Shares are held in treasury.  As such, the number of Ordinary Shares with voting rights is 153,422,089.  This figure may be used by shareholders as their denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 

This announcement, including the notifications below, is made in accordance with the requirements of the EU Market Abuse Regulation.

ANNEX

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Clare Taylor

 

2

Reason for the notification

 

a)

Position / status

Group HR Director

 

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

Exercise of share option and sale of shares

 

c)

Price(s) and volume(s)

 

Exercise of share option: 104,727 shares for nil consideration

Sale of 104,727 shares at 450.00p per share.

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transaction

 

6 September 2017

f)

Place of the transaction

 

London

 

For further information:

 

Scapa Group plc:

Graham Hardcastle                                                                                   +44 (0) 161 301 7400

Group Finance Director/Company Secretary

 

Numis Securities Limited:                                                                     +44 (0) 20 7260 1000

Mark Lander/ Richard Thomas

(Joint Broker/Nominated Adviser)

 

 

 

 

 


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


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