Director/PDMR Shareholding (2934B)
April 13 2012 - 5:43AM
UK Regulatory
TIDMZTF
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%
-------------- ---------------------
CG Hurst 220,910 0.6%
-------------- ---------------------
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
END
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