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RNS Number : 2934B
Zotefoams PLC
13 April 2012
Friday, 13 April 2012
Zotefoams plc (the 'Company')
Directors' Shareholdings
On 12 April 2012 the Executive Directors listed below, became absolutely entitled to Ordinary Shares of 5p ('Shares') each in the capital of the Company, as a result of awards vesting under the Zotefoams 2007 Long Term Incentive Plan ('LTIP'). Awards granted under the LTIP vest subject to the satisfaction of performance targets at the end of a three year period. The level of vesting for awards granted in 2009 was 88.7%, which was then increased to reflect the dividends paid during the performance period.
Director Shares released No. of Shares Sale price Balance of Shares
to Director sold to meet (GBP) retained by Director
tax liability
DB Stirling 170,156 88,660 1.70 81,496
CG Hurst 118,876 61,940 1.70 56,936
Following the above transactions, Mr Stirling and Mr Hurst are beneficially interested in the following number of Shares:
Director No. of Shares % of Company's Share
Capital
DB Stirling 268,431 0.7%
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CG Hurst 220,910 0.6%
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Enquiries:
Zotefoams plc 020 8664 1600
David Stirling, Managing Director
Clifford Hurst, Finance Director
This information is provided by RNS
The company news service from the London Stock Exchange
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