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viewScapa Group PLC

Director/PDMR Shareholding

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RNS Number : 2996M
Scapa Group PLC
13 September 2019
 

13 September 2019

LEI No. 213800QIPVTK5ES5UU36

 

SCAPA GROUP PLC

 

('the Company')

 

Director/PDMR Shareholding

 

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

 

Scapa Group plc (AIM: SCPA) announces that it has issued 49,145 ordinary 5p shares in the capital of the Company ("Ordinary Shares") following the exercise of options under the Scapa Group plc 2011 Performance Share Plans ("PSP").  The shares have been admitted to trading on AIM.  The Company's issued share capital is now 155,242,923.  There are no Ordinary Shares held in treasury and accordingly, the number of Ordinary Shares with voting rights is 155,242,923. This figure may be used by shareholders as the 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 Guidance and Transparency Rules.

 

In accordance with the rules of the PSP, no consideration was paid by the individual for the option exercised by her.  Each option is subject to, and governed by, the rules of the PSP and the legislation relating to the PSP.

 

The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such exercise and sale.

 

ANNEX

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Sayoung Jung

 

2

Reason for the notification

 

a)

Position / status

MD, Global Corporate Development & Strategy

 

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 transactions

Exercise of share option and sale of shares

 

c)

Price(s) and volume(s)

 

Exercise of share option: 49,145 shares for nil consideration

Sale of 49,145 shares at 242.48p per share

 

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transactions

 

12 September 2019

f)

Place of the transactions

 

London

 

For further information:

 

Scapa Group plc:

Wendy Baker                                                                                               +44 (0) 161 301 7400

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: Scapa Group PLC

Price: 237.5

Market: AIM
Market Cap: £3.69 m
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