Director/PDMR Shareholding

RNS Number : 4947I

Alumasc Group PLC

26 November 2018

 

26 November 2018

The Alumasc Group plc (the "Company")

NOTIFICATION OF TRANSACTION BY A DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY

The Company was notified that, on 23 November 2018, Gilbert Jackson, a person discharging managerial responsibility in the Company ("PDMR"), acquired Ordinary Shares of 12.5 pence each in the Company ("Shares") at nil cost following the vesting on 13 March 2018 of a share award under the Company's Long Term Incentive Plan and sold those Shares at the price shown below, in part to cover the tax and social security due.  The Shares acquired were existing Shares in issue held by the Alumasc Group Employee Trust.

PDMR	No. of Shares vested	No. of Shares sold	Sale price
Gilbert Jackson	19,000	19,000	127.37p

The Notification of Dealing Form for the above PDMR can be found below. This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.

·	Details of the person discharging managerial responsibilities / person closely associated
·	Name	Gilbert Jackson
·	Reason for the notification
·	Position/status	Persons Discharging Managerial responsibility
·	Initial notification /Amendment	Initial notification
·	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
·	Name	The Alumasc Group plc
·	LEI	2138002MV11VKZFJ4359
·	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
·	Description of the Financial instrument, type of instrument Identification code	Ordinary 12.5p shares GB0000280353
·	Nature of the transaction	Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan and sale of shares.
·	Price(s) and volume(s)	Exercise of Long Term Incentive Plan awards (nil cost options) PDMR Price(s) Volume(s) Gilbert Jackson n/a 19,000 Sale of shares PDMR Price(s) Volume(s) Gilbert Jackson 127.37p 19,000
·	Aggregated information ·      Aggregated volume ·      Price	Exercise of Long Term Incentive Plan awards 19,000 Ordinary 12.5p shares acquired through the exercise of nil cost options Sale of shares 19,000 Ordinary 12.5p shares sold at 127.37 pence per share
·	Date of the transaction	2018-11-23
·	Place of the transaction	London Stock Exchange, Main Market (XLON)

Enquiries:

Helen Ashton, Group Company Secretary Designate
The Alumasc Group plc
Station Road, Burton Latimer, Kettering, Northants NN15 5JP

Tel: [phone]

 

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