Source - RNS
RNS Number : 8445M
Zotefoams PLC
18 October 2016
 

18 October 2016

 

Zotefoams plc

 

(the 'Company')

 

Directors' Share Dealings

 

The Company was notified on 17 October 2016 that on the same day the following Directors became beneficially interested in the number of ordinary shares of 5 pence in the Company set out against their names in the table below under the Zotefoams Share Incentive Plan (the 'SIP').  The shares were purchased on their behalf by the SIP Trustee (Yorkshire Building Society) at a price of £2.69 per share.

 

The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares ('partnership shares') in the Company, using deductions from salary in each monthly pay period, and receive allocations of matching free ordinary shares ('matching shares').  Dividends received on the shares held in the SIP are used to buy further ordinary shares ('dividend shares') in the Company.

 

The table below sets out the number of dividend shares purchased.

 

Director

No. of dividend shares purchased

 

D B Stirling

5

G C McGrath

3

 

 

Following the above-mentioned transactions, Mr Stirling and Mr McGrath are beneficially interested in the following number of shares:

 

Director

Number of shares¹

Percentage of issued Share Capital

D B Stirling

 

379,678

0.85

G C McGrath

384

 

0.00

 

¹ Includes partnership shares, dividend shares and vested matching shares.

 

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

 

This notification is made in accordance with the Market Abuse Regulation.

 

Enquiries:

James Kindell

Company Secretary

Zotefoams plc

020 8664 1600

About Zotefoams plc:

Zotefoams plc (LSE - ZTF) is a world leader in cellular material technology.  Using a unique manufacturing process with environmentally friendly nitrogen expansion, Zotefoams produces lightweight foams under the family brand names AZOTE® and ZOTEK® in Croydon, UK and Kentucky, USA for diverse markets worldwide through its global sales force.  Zotefoams also owns and licenses patented MuCell® microcellular foam technology from a base in Massachusetts, USA to customers worldwide and sells T-FIT® advanced insulation systems made from its patented ZOTEK® fluoropolymer foams.

 

AZOTE®, T-FIT® and ZOTEK® are registered trademarks of Zotefoams plc.  MuCell® is a registered trademark of Trexel Inc, licensed exclusively to MuCell Extrusion LLC for use in microcellular foaming of extrusion products.

www.zotefoams.com

 

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 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: Purchase of dividend shares under the share incentive plan

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£2.69

5

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£2.69

5

£13.45

e)

Date of the transaction: 2016-10-17; 14:59 (GMT)

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 McGrath

2.

Reason for the notification

a)

Position/status: Finance Director

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: Purchase of dividend shares under the share incentive plan

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£2.69

3

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£2.69

3

£8.07

e)

Date of the transaction: 2016-10-17; 14:59 (GMT)

f)

Place of the transaction: XLON

 

 


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