ZTF Zotefoams Plc

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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