Director/PDMR Shareholding

Alumasc Group PLC (The)

06 November 2024

 

The Alumasc Group plc

(the "Company")

6 November 2024

PDMR/PCA dealing

The Company announces that it received notification on 5 November 2024 that Mrs. Luan Leaf, a person closely associated to Mr Michael Leaf, an Executive Director, exercised 10,000 options over ordinary shares of 12.5p each ("Ordinary Shares") at a price of 225.66p each, held under the 2021 Alumasc Employee Share Option Scheme.  Following the exercise Mrs. Leaf sold 8,370 of the resulting Ordinary Shares to cover tax, national insurance and the option exercise price.

Following the above Michael Leaf's total holding (including shares held by his Person Closely Associated) was:

	Total holding of Shares	% of issued share capital
Michael Leaf	144,227	0.399

Settlement of the award was made from existing Ordinary Shares held by the Alumasc Employee Benefit Trust.

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the transactions.

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Luan Leaf (Person closely associated with Michael Leaf)
2.	Reason for the notification
a.	Position/status	Persons closely associated to Michael Leaf - Executive Director
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	The Alumasc Group plc
b.	LEI	2138002MV11VKZFJ4359
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 Identification code	Options over Ordinary Shares of 12.5p each Ordinary Shares of 12.5p each Ordinary Shares: GB0000280353
b.	Nature of the transaction	Vesting of shares award under The Alumasc Group plc 2014 Executive Share Option Plan (2021 Scheme)
c.	Price(s) and volume(s)	Price(s) Volume(s) Exercise 225.66p 10,000 Sale 310p 8,370
d.	Aggregated information ·    Aggregated volume ·    Price	As above
e.	Date of the transaction	2024-11-5
f.	Place of the transaction	Exercise and sale: Off-market

Enquiries:

The Alumasc Group plc Paul Hooper (Chief Executive)          Simon Dray (Group Finance Director) Helen Ashton (Group Company Secretary)	[phone]
Peel Hunt (Broker) Mike Bell         Ed Allsopp	[phone]
Cavendish Capital Markets Ltd (Nominated Adviser) Julian Blunt Edward Whiley	[phone]
Camarco (Financial PR) Ginny Pulbrook           Tilly Butcher	[e-mail] [phone]

Notes to Editors:

Alumasc is a UK-based supplier of premium sustainable building products, systems and solutions. Almost 80% of Group sales are driven by building regulations and specifications (architects and structural engineers) because of the performance characteristics offered.

The Group has three business segments with strong positions and brands in their individual markets. The three segments are: Water Management; Building Envelope; and Housebuilding Products.

 

END