Source - RNS
RNS Number : 8076J
Plastics Capital PLC
14 September 2016
 

 

Plastics Capital plc

 

(the "Company" or the "Group")

 

Director/PDMR Dealing

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Keith Butler-Wheelhouse

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

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

 

 

N/A

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)

111.25 pence per share

50,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A - single transaction

 

 

e)

 

Date of the transaction

 

 

12 September 2016

f)

 

Place of the transaction

 

 

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

 

Katrina Perez

 

 

 

Walbrook PR Ltd

Tel: 020 7933 8780/[email protected]

Paul Cornelius

Mob: 07866 384 707

Helen Cresswell

Mob: 07841 917 679

 

 

Notes to Editor

Plastics Capital is a niche manufacturer of specialist plastic 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 plastic mandrel

·Cardboard box manufacture - plastic 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 five UK based factories, with a further three factories in Asia.  Approximately 40% of its £55 million sales are made outside the UK to more than 80 countries.

 


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