Scapa Group PLC Director/PDMR Shareholding (2996M)
September 13 2019 - 6:19AM
UK Regulatory
TIDMSCPA
RNS Number : 2996M
Scapa Group PLC
13 September 2019
13 September 2019
LEI No. 213800QIPVTK5ES5UU36
SCAPA GROUP PLC
('the Company')
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ('PDMR') and persons
closely associated with them ('PCA')
Scapa Group plc (AIM: SCPA) announces that it has issued 49,145
ordinary 5p shares in the capital of the Company ("Ordinary
Shares") following the exercise of options under the Scapa Group
plc 2011 Performance Share Plans ("PSP"). The shares have been
admitted to trading on AIM. The Company's issued share capital is
now 155,242,923. There are no Ordinary Shares held in treasury and
accordingly, the number of Ordinary Shares with voting rights is
155,242,923. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in the Company under the FCA's Disclosure Guidance and
Transparency Rules.
In accordance with the rules of the PSP, no consideration was
paid by the individual for the option exercised by her. Each option
is subject to, and governed by, the rules of the PSP and the
legislation relating to the PSP.
The notification set out in the Annex below, which was made in
accordance with the requirements of Article 19 of the Market Abuse
Regulation, provides further details of such exercise and sale.
ANNEX
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Sayoung Jung
------------------------------------- ----------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position / status MD, Global Corporate Development
& Strategy
------------------------------------- ----------------------------------
b) Initial notification / amendment Initial notification
------------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Scapa Group plc
------------------------------------- ----------------------------------
b) LEI 213800QIPVTK5ES5UU36
------------------------------------- ----------------------------------
4 Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii)
each date; (iv) each place where transactions have been conducted
-------------------------------------------------------------------------
a) Description of financial instrument, Ordinary Shares of 5p each
type of instrument
------------------------------------- ----------------------------------
Identification Code GB0007281198
------------------------------------- ----------------------------------
b) Nature of the transactions Exercise of share option and sale
of shares
------------------------------------- ----------------------------------
c) Price(s) and volume(s) Exercise of share option: 49,145
shares for nil consideration
Sale of 49,145 shares at 242.48p
per share
------------------------------------- ----------------------------------
d) Aggregated information n/a
* Aggregated volume
* Price
------------------------------------- ----------------------------------
e) Date of the transactions 12 September 2019
------------------------------------- ----------------------------------
f) Place of the transactions London
------------------------------------- ----------------------------------
For further information:
Scapa Group plc:
Wendy Baker +44 (0) 161 301 7400
Company Secretary
Numis Securities Limited: +44 (0) 20 7260 1000
Mark Lander/ Richard Thomas
(Joint Broker/Nominated Adviser)
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END
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