For Immediate Release |
18 May 2009 |
Plastics Capital plc
(the 'Company' or the 'Group')
Director/PDMR Shareholdings
The Company's announced on 23 April that a number of Directors of the Company had purchased Ordinary Shares of 1 pence each in the Company ('Ordinary Shares'), at a price of 20.2p per Ordinary Share. Due to an administrative error, the transactions were completed on 18 May 2009. The share purchases were made at the same price and volume as was previously announced.
Director |
Number of Shares purchased |
Number of Shares held following transaction |
% holding following transaction |
Faisal Rahmatallah |
30,000* |
2,675,895 |
9.95% |
Arun Nagwaney |
30,000 |
2,072,653 |
7.71% |
Richard Vessey |
30,000 |
2,360,537 |
8.76% |
* The shares attributed to Faisal Rahmatallah were purchased by Nicolino Assets Holdings, a company owned by a blind discretionary trust of which he is a beneficiary.
Plastics Capital plc |
Tel: 020 7326 8423 |
Faisal Rahmatallah, Executive Chairman |
|
Nick Ball, Finance Director |
|
|
|
Cenkos Securities |
Tel: 020 7397 8900 |
Stephen Keys |
|
Beth McKiernan |
|
|
|
Buchanan Communications |
Tel: 020 7466 5000 |
Richard Darby |
|
Christian Goodbody |
|
Notes to Editors
Plastics Capital is a consolidator of plastics products manufacturers focused on proprietary products for niche markets. The Group has four factories in the UK, one in Thailand and sales offices in the USA and Japan. Approximately 50 per cent of sales are exported to over 70 countries worldwide. Production is concentrated in the UK where significant engineering know-how and automation underpins the Group's competitiveness. The Group has approximately 310 employees.
Further information can be found on www.plasticscapital.com