Alumasc Group PLC Director/PDMR Shareholding (7862S)
March 21 2016 - 10:35AM
UK Regulatory
TIDMALU
RNS Number : 7862S
Alumasc Group PLC
21 March 2016
Monday 21 March 2016
THE ALUMASC GROUP PLC (the "Company")
Director/PDMR Shareholding
Exercise of options under the Company's Long Term Investment
Plan ("LTIP")
The Company has received notification that on 18 March 2016 the
following directors exercised nil cost option awards in accordance
with the rules of the 2008 LTIP scheme:
Director No. of options Percentage of issued
exercised ordinary share
capital
--------------- --------------- ---------------------
G Paul Hooper 87,259 0.24%
--------------- --------------- ---------------------
Andrew Magson 36,538 0.10%
--------------- --------------- ---------------------
The participants in the 2008 LTIP scheme are not required to
make any payment for the exercised shares, which vested on 18 March
2016 following the achievement of specified performance targets as
detailed in the Company's 2015 Annual Report and Accounts.
Total shareholding following notification
As a result of these transactions, the directors' total holdings
of ordinary shares in the Company are as follows:
Director Number of ordinary Percentage of issued
shares beneficially ordinary share
owned capital
--------------- --------------------- ---------------------
G Paul Hooper 191,902 0.53%
--------------- --------------------- ---------------------
Andrew Magson 61,538 0.17%
--------------- --------------------- ---------------------
Enquiries:
The Alumasc Group plc 01536 383814
John Douglas
Deputy Group Company
Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
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