Source - RNS
RNS Number : 4569K
Plastics Capital PLC
21 September 2016
 

 

Plastics Capital plc

(the "Company" or the "Group")

 

Director/PDMR shareholding

 

The Company has been notified by Faisal Rahmatallah, Chairman, of an error in relation to past disclosure of his interest in ordinary shares of 1p each in the Company ("Ordinary Shares"). Due to a data input error, his interest has been overstated by 3,000 Ordinary Shares since 23 April 2009. Mr Rahmatallah has confirmed he is actually interested in 2,751,067 Ordinary Shares, which represents 7.72 per cent. of the issued ordinary share capital of the Company.

 

 

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 Editors

 

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
 
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