Director/PDMR Shareholding

RNS Number : 7089J

Polypipe Group PLC

04 April 2018

 

Polypipe Group plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities

The Company announces that it received notification on 3 April 2018 of the acquisition by Ron Marsh, Chairman and Martin Payne, Chief Executive Officer, of Ordinary Shares of £0.001 each in the Company ("Shares"), as set out below. Following the acquisition of 100,000 Shares by Mr. Marsh and 40,000 Shares by Mr. Payne, they now hold an interest in a total of 275,000 and 109,726 Shares respectively.

The notification below, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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	Ron Marsh
2	Reason for the notification
a)	Position/status	Chairman/Director and PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Polypipe Group plc
b)	LEI	2138005IF1N2RKJ6KO18
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	Ordinary shares of £0.001 each GB00BKRC5K31
b)	Nature of the transaction	Acquisition of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.505 100,000
d)	Aggregated information - Aggregated volume - Price	100,000 £350,500
e)	Date of the transaction	3 April 2018
f)	Place of the transaction	London Stock Exchange

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	Martin Payne
2	Reason for the notification
a)	Position/status	Chief Executive Officer/Director and PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Polypipe Group plc
b)	LEI	2138005IF1N2RKJ6KO18
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	Ordinary shares of £0.001 each GB00BKRC5K31
b)	Nature of the transaction	Acquisition of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.456 40,000
d)	Aggregated information - Aggregated volume - Price	40,000 £138,240
e)	Date of the transaction	3 April 2018
f)	Place of the transaction	London Stock Exchange

4 April 2018

Enquiries:

Emma Versluys

Company Secretary

[phone]

 

END

 

 

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