Synnovia PLC (LON:SYN)

Synnovia PLC (LON:SYN)


Share Price
91.00 p
Change
0 (0.00 %)
Market Cap
£35.49 m
Proactive Investors - Run By Investors For Investors

Synnovia PLC RNS Release

Director/PDMR Shareholding


RNS Number : 0457L
Plastics Capital PLC
19 December 2018
 

Plastics Capital plc

(the "Company" or the "Group")

Director/PDMR Dealing

The Company announces that BW Family Ltd, a trust set up for the benefit of Keith Butler Wheelhouse and his family, and which is considered to be a person closely associated with Mr Butler-Wheelhouse, Non-Executive Director of the Company, purchased 7,500 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 114p per share.

Following these transactions, Mr Butler-Wheelhouse has a total beneficial interest in 383,798 ordinary shares in the Company.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

  

 BW Family Ltd

2

 

Reason for the notification

 

a)

 

Position/status

  

Trust set up for the benefit of Keith Butler Wheelhouse and his family, and which is considered to be a person closely associated with Mr Butler-Wheelhouse, Non-Executive Director of Plastics Capital plc

b)

 

Initial notification /Amendment  

Initial

3

 

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

 

a)

 

Name

  

Plastics Capital plc

b)

 

LEI

  

213800EN5TUVOZKU6W30

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

 Identification code 

 

 

Ordinary shares of 1p each

  

ISIN:      GB00B289KK20 

b)

 

Nature of the transaction

  

Purchase of ordinary shares of 1p each

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

114p

7,500

 



  

d)

 

Aggregated information

- Aggregated volume

 

 - Price

 

 

 

N/A - single transaction

e)

 

Date of the transactions

19 December 2018

f)

 

Place of the transactions

London Stock Exchange

 

Plastics Capital plc

Tel: 020 7978 0574

Faisal Rahmatallah, Chairman


Nick Ball, Finance Director




Cenkos Securities

Tel: 020 7397 8900

(Nomad and joint broker)

Mark Connelly

Callum Davidson




Allenby Capital Limited

Tel: 020 3328 5656

(Joint broker)

David Hart




 

 

Notes to Editor

Plastics Capital is a niche manufacturer of specialist products.  Applications for these products vary widely and examples include:

•              Packaging for the food manufacturing and distribution - films, sacks and pouches

•              Steering columns and instrument control knobs in the automotive industry - plastic ball bearings

•              Hydraulic and industrial rubber hose manufacture - various types of mandrel

•              Cardboard box manufacture - creasing matrices

 

Plastics Capital's business model is based on understanding customers' problems in depth, and then developing and mass producing proprietary, technical solutions for these problems.

The business operates through two divisions, Films and Industrial, and has the majority of its production in six UK based factories, with a further two factories in Asia and one in the USA.  Approximately 50% of its £77 million sales are made outside the UK to more than 80 countries.

Further information can be found on www.plasticscapital.com

 

 


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
 
 
DSHDBBDDRGBBGIC

Synnovia PLC Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use