TIDMZTF

RNS Number : 7567A

Zotefoams PLC

28 March 2017

Zotefoams plc (the 'Company')

Directors' Shareholdings

The Company announces that on 27 March 2017 the Executive Directors were granted the following restricted share awards over the Company's Ordinary Shares of 5p each under the Company's Deferred Bonus Share Plan ('DBSP'):

 
              Number of  Release Date  Share Scheme 
               Shares 
D B Stirling  10,061     27 March      DBSP 
                          2020 
 
G C McGrath   6,533      27 March      DBSP 
                          2020 
 

The DBSP awards will be released on the third anniversary of the grant of the awards following the satisfaction of the service conditions.

In addition to the above-mentioned awards, the Executive Directors hold the following awards over the Company's Ordinary Shares of 5p each:

 
Director       Number      Exercise Period    Exercise    Share Scheme 
                of Shares                      Price (p) 
 
D B Stirling   28,116      12/08/11-11/08/18  106.7       ASOP 
               32,346      07/04/17 onwards   Nil         LTIP 
               73,880      30/03/18 onwards   Nil         LTIP 
               74,507      05/04/19 onwards   Nil         LTIP 
                8,150      30/03/18 onwards   Nil         DBSP 
                8,278      05/04/19 onwards   Nil         DBSP 
                    212    -                  -           SIP 
 
G C McGrath    10,344      05/04/19-04/04/26  290.0       ASOP 
               48,426      05/04/19 onwards   Nil         LTIP 
                   164     -                  -           SIP 
 

LTIP denotes the Company's Long-Term Incentive Plan. ASOP denotes the Company's Approved Share Option Plan. SIP denotes the Company's Share Incentive Plan and the figures disclosed relate to Matching Shares awards held in the SIP.

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

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

Enquiries:

James Kindell

Company Secretary

Zotefoams plc

28 March 2017

020 8664 1600

About Zotefoams plc:

Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology. Using a unique manufacturing process with environmentally friendly nitrogen expansion, Zotefoams produces and sells lightweight AZOTE(R) polyolefin and ZOTEK(R) high-performance foams for diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT(R) advanced insulation for demanding industrial markets. In addition, Zotefoams owns and licenses patented MuCell(R) microcellular foam technology, developed specifically for extrusion applications, from a base in Massachusetts, USA to customers worldwide.

Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky and Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT(R)).

www.zotefoams.com

AZOTE(R), ZOTEK(R), T-FIT(R) are registered trademarks of Zotefoams plc

MuCell(R) is a registered trademark of Trexel Inc.

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: Award of restricted 
       shares under the Deferred Bonus Share Plan 
---  -------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)    Volume(s) 
       ----------  ---------- 
        GBP0.00     10,061 
       ----------  ---------- 
---  -------------------------------------------------- 
 d)   Aggregated information: 
        Aggregate   Aggregate   Aggregate 
         Price       Volume      Total 
       ----------  ----------  ---------- 
        GBP0.00     10,061      GBP0.00 
       ----------  ----------  ---------- 
---  -------------------------------------------------- 
 e)   Date of the transaction: 2017-03-27 
---  -------------------------------------------------- 
 f)   Place of the transaction: Outside a trading 
       venue 
---  -------------------------------------------------- 
 

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: Award of restricted 
       shares under the Deferred Bonus Share Plan 
---  -------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)    Volume(s) 
       ----------  ---------- 
        GBP0.00     6,533 
       ----------  ---------- 
---  -------------------------------------------------- 
 d)   Aggregated information: 
        Aggregate   Aggregate   Aggregate 
         Price       Volume      Total 
       ----------  ----------  ---------- 
        GBP0.00     6,533       GBP0.00 
       ----------  ----------  ---------- 
---  -------------------------------------------------- 
 e)   Date of the transaction: 2017-03-27 
---  -------------------------------------------------- 
 f)   Place of the transaction: Outside a trading 
       venue 
---  -------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHEAEDPADSXEFF

(END) Dow Jones Newswires

March 28, 2017 06:36 ET (10:36 GMT)

Zotefoams (LSE:ZTF)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Zotefoams Charts.
Zotefoams (LSE:ZTF)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Zotefoams Charts.