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Zotefoams PLC - Director/PDMR Shareholding

RNS Number : 8656A
Zotefoams PLC
01 October 2020
 

Zotefoams plc

(the 'Company')

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs

The Company announces that on 30 September 2020, the Executive Directors and Persons Discharging Managerial Responsibilities (PDMR) accepted the following conditional awards over the Company's Ordinary Shares of 5p each under the terms of the Company's Long Term Incentive Plan 2017 ('LTIP'):

 

Director/PDMR

Title

Number of awards

 

Holding period post vesting date

D B Stirling

Group CEO

87,674

2 years

G C McGrath

Group CFO

58,015

2 years

J M Breingan

Senior Executive

5,787

None

J P Bridges

Senior Executive

11,864

None

D B Catalano

Senior Executive

39,354

None

K D Hewson

Senior Executive

24,715

None

H D Morgan

Senior Executive

22,737

None

B Sala

Senior Executive

14,469

None

 

The LTIP awards will vest on the third anniversary of the grant date subject to achieving the performance criteria detailed in the Company's Annual Report 2019. For the Group CEO and Group CFO, a holding period of two years following the vesting date will apply, such that the awards will not normally be released until the fifth anniversary of the grant date.

 

The Notification of Dealing Form for each Director/PDMR can be found below.

 

This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.

 

Lydia Harratt

Group Company Secretary

Zotefoams plc

020 8664 1600

 

1 October 2020

 

About Zotefoams plc

 

Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology delivering optimal material solutions for the benefit of society. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE® polyolefin and ZOTEK® high-performance foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT® advanced insulation for demanding industrial markets. Zotefoams also owns and licenses patented microcellular foam technology to reduce plastic use in extrusion applications and for ReZorce® mono-material recyclable barrier packaging.

 

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®). A third foam-manufacturing site, in Poland, is planned to begin operations in 2020.

 

www.zotefoams.com

 

AZOTE®, ZOTEK®, ReZorce® and T-FIT® are registered trademarks of Zotefoams plc.

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 Burns 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: Award of performance shares under the Long-Term Incentive Plan with a holding period of 2 years post vesting date

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£0.00

87,674

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£0.00

87,674

£0.00

e)

Date of the transaction: 30 September 2020

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 Christopher 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: Award of performance shares under the Long-Term Incentive Plan with a holding period of 2 years post vesting date

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£0.00

58,015

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£0.00

58,015

£0.00

e)

Date of the transaction: 30 September 2020

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: Jill Margaret Breingan

2.

Reason for the notification

a)

Position/status: Senior Executive

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: Award of performance shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£0.00

5,787

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£0.00

5,787

£0.00

e)

Date of the transaction: 30 September 2020

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: James Peter Bridges

2.

Reason for the notification

a)

Position/status: Senior Executive

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: Award of performance shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£0.00

11,864

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£0.00

11,864

£0.00

e)

Date of the transaction: 30 September 2020

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: Dan Catalano

2.

Reason for the notification

a)

Position/status: Senior Executive

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: Award of performance shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£0.00

39,354

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£0.00

39,354

£0.00

e)

Date of the transaction: 30 September 2020

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: Karl David Hewson

2.

Reason for the notification

a)

Position/status: Senior Executive

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: Award of performance shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£0.00

24,715

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£0.00

24,715

£0.00

e)

Date of the transaction: 30 September 2020

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: Hugh De Riemer Morgan

2.

Reason for the notification

a)

Position/status: Senior Executive

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: Award of performance shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£0.00

22,737

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£0.00

22,737

£0.00

e)

Date of the transaction: 30 September 2020

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: Benito Sala

2.

Reason for the notification

a)

Position/status: Senior Executive

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: Award of performance shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£0.00

14,469

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£0.00

14,469

£0.00

e)

Date of the transaction: 30 September 2020

f)

Place of the transaction: XLON

 

 

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