LEI: 213800EHT3TI1KPQQJ56
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 9 April 2019 Stephen Bennett, Chief Financial Officer, Synthomer plc (the "Company"), exercised a nil cost long term incetive plan award over 78,591 ordinary shares granted in 2016 under the Company's 2011 Performance Share Plan. Mr Bennett has retained 41,653 of the resultant shares and disposed of 36,938 of the resultant shares to satisfy tax liabilities arising on the exercise. Following these award exercises Mr Bennett's shareholding in the Company has increased to 142,930 ordinary shares. The following information is provided in accordance with the Market Abuse regulation.
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Stephen Bennett |
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2
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Reason for the notification
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a)
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Position/status
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Chief Financial Officer |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Synthomer plc |
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b)
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LEI
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213800EHT3TI1KPQQJ56 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of 10p each |
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Identification code |
GB0009887422 |
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b)
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Nature of the transaction
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Exercise of long term incentive plan awards granted in 2016 under the 2011 Performance Share Plan and disposal of sufficient resultant shares to cover tax and NI liability.
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£3.894 |
41,653 (Retained) |
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£3.894 |
36,938 (Disposed) |
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d)
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Aggregated information |
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- Aggregated volume |
Not applicable |
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- Price |
Not applicable |
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e)
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Date of the transaction
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9 April 2019 |
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f)
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Place of the transaction
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London |