Director/PDMR Shareholding

RNS Number : 3904A

Zotefoams PLC

19 March 2013

 

Zotefoams plc (the 'Company')

Directors' Shareholdings

On 19 March 2013, the Executive Directors listed below became absolutely entitled to Ordinary Shares of 5p ('Shares') each in the capital of the Company, as a result of awards vesting under the Zotefoams 2007 Long Term Incentive Plan ('LTIP').  Awards granted under the LTIP vest subject to the satisfaction of performance targets at the end of a three year period.  The level of vesting for awards granted in 2010 was 84.0%, which was then increased to reflect the dividends paid during the performance period.

Director	Shares released to Director	No. of Shares sold to meet tax liability	Sale price (£)	Balance of Shares retained by Director
DB Stirling	71,910	37,469	2.00	34,441
CG Hurst	50,238	26,177	2.00	24,061

Following the above transactions, Mr Stirling and Mr Hurst are beneficially interested in the following number of Shares:

Director	Number of Shares	Percentage of issued Share Capital
DB Stirling	307,727	0.8%
CG Hurst	248,359	0.6%

Enquiries:

James Kindell

Company Secretary

Zotefoams plc

020 8664 1600

 

END

 

 

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