Director Shareholding

RNS Number : 3951V

Plastics Capital PLC

09 July 2009

 



For Immediate Release

9 July 2009

Plastics Capital plc (the 'Company')

Director Shareholding

The Company was informed on 7 July 2009 that on that day Faisal Rahmatallah, Chairman of the Company, transferred 102,059 ordinary shares of 1p each ('Ordinary Shares') to Nicolino Asset Holdings Limited ('Nicolino'), at a price of 28.5p per Ordinary Share. There has been no change of beneficial ownership of the Ordinary Shares and Mr Rahmatallah's interest is unchanged following this transfer, standing at 2,645,895 Ordinary Shares, which represents approximately 9.84 per cent. of the Company's current issued share capital being 26,900,063. All of Mr. Rahmatallah's beneficial holding of Ordinary Shares is now held by Nicolino.

Plastics Capital plc	Tel: [phone]
Faisal Rahmatallah, Executive Chairman
Nick Ball, Finance Director
Cenkos Securities	Tel: [phone]
Stephen Keys
Beth McKiernan
Buchanan Communications	Tel: [phone]
Richard Darby
Christian Goodbody

Notes to Editors

Plastics Capital successfully floated on AIM on 3 December 2007 and undertook a share for share exchange to acquire Plastics Capital Trading Limited and its subsidiary undertakings on 6 December 2007. 

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 285 employees. 

Further information can be found on www.plasticscapital.com.

 

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