The Alumasc Group plc
12 October 2021
Director Dealings
On 11 October 2021, The Alumasc Group plc (the 'Company') was notified of the following transactions which took place with respect to Paul Hooper, Chief Executive Officer of the Company, Gilbert Jackson, Executive Director and Michael Leaf, Executive Director, relating to the vesting of share awards held under the Alumasc 2018 Long Term Incentive Plan. Additionally, Mr Jackson and Mr Leaf sold part of their resulting holdings as further detailed below to cover tax and NI liabilities arising on the vesting of awards and Michael Leaf transferred his resulting shares to Mrs Luan Leaf, a closely associated person.
Following these transactions, the resulting number of Ordinary Shares of 12.5p each ('Shares') in the capital of the Company held by the above Directors or by their Closely Associated Persons were:
| | Total holding of Shares | % of issued share capital |
| Paul Hooper | 881,766 | 2.44% |
| Gilbert Jackson | 22,950 | 0.06% |
| Michael Leaf | 36,937 | 0.10% |
Settlement of all of the above awards were made from existing ordinary shares held by the Alumasc Employee Benefit Trust.
For further information in respect of this announcement: Helen Ashton, Group Company Secretary
Date of Notification: 12 October 2021
Tel: 01536 383844
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
| a. | Name | Paul Hooper
| |||||||||
| 2. | Reason for the notification | ||||||||||
| a. | Position/status | Chief Executive Officer and PDMR
| |||||||||
| b. | Initial notification /Amendment
| Initial notification
| |||||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
| a. | Name | The Alumasc Group plc
| |||||||||
| b. | LEI | 2138002MV11VKZFJ4359
| |||||||||
| 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 12.5p shares
GB0000280353 | |||||||||
| b. | Nature of the transaction | Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan.
| |||||||||
| c. | Price(s) and volume(s) | Exercise of Long Term Incentive Plan awards (nil cost options)
| |||||||||
| d. | Aggregated information · Aggregated volume · Price
| Exercise of Long Term Incentive Plan awards
111,810 Ordinary Shares acquired at nil cost
| |||||||||
| e. | Date of the transaction | 2021-10-11
| |||||||||
| f. | Place of the transaction | Off Market | |||||||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||
| a. | Name | Gilbert Jackson
| ||||||||||||
| 2. | Reason for the notification | |||||||||||||
| a. | Position/status | Executive Director and PDMR
| ||||||||||||
| b. | Initial notification /Amendment
| Initial notification
| ||||||||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
| a. | Name | The Alumasc Group plc
| ||||||||||||
| b. | LEI | 2138002MV11VKZFJ4359
| ||||||||||||
| 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 12.5p shares
GB0000280353 | ||||||||||||
| b. | Nature of the transaction | (1) Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan. (2) Shares sold to cover the tax liability on vesting.
| ||||||||||||
| c. | Price(s) and volume(s) | Exercise of Long Term Incentive Plan awards (nil cost options)
| ||||||||||||
| d. | Aggregated information · Aggregated volume · Price
| Exercise of Long Term Incentive Plan awards (nil cost options)
| ||||||||||||
| e. | Date of the transaction | 2021-10-11
| ||||||||||||
| f. | Place of the transaction | Off Market | ||||||||||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||||||||
| a. | Name | Michael Leaf
| |||||||||||||||
| 2. | Reason for the notification | ||||||||||||||||
| a. | Position/status | Executive Director and PDMR
| |||||||||||||||
| b. | Initial notification /Amendment
| Initial notification
| |||||||||||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||||||||
| a. | Name | The Alumasc Group plc
| |||||||||||||||
| b. | LEI | 2138002MV11VKZFJ4359
| |||||||||||||||
| 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 12.5p shares
GB0000280353 | |||||||||||||||
| b. | Nature of the transaction | (1) Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan. (2) Shares sold to cover the tax liability on vesting. (3) Shares transferred to Mrs Luan Leaf, a closely associated person
| |||||||||||||||
| c. | Price(s) and volume(s) | Exercise of Long Term Incentive Plan awards (nil cost options)
| |||||||||||||||
| d. | Aggregated information · Aggregated volume · Price
| Exercise of Long Term Incentive Plan awards (nil cost options)
| |||||||||||||||
| e. | Date of the transaction | 2021-10-11
| |||||||||||||||
| f. | Place of the transaction | Off Market | |||||||||||||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
