Director/PDMR Shareholding

RNS Number : 1371O

Zotefoams PLC

08 June 2022

 

Zotefoams plc

(the 'Company')

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs

8 June 2022 - On 7 June 2022, the Company received notice from its Employee Benefit Trust of the exercise of nil cost options granted over ordinary shares of 5 pence each ('Shares') under the Company's Long-Term Incentive Plan ('LTIP') and Deferred Bonus Share Plan ('DBSP') at a sale price of £3.07 as follows:

DIRECTORS
	Award	Number of shares exercised	Number of shares retained	Number of shares sold for tax	Aggregate number of shares held
D B Stirling	DBSP 2018	2,760	2,760	Nil	477,093
	LTIP 2017	19,225	19,225	Nil
	LTIP 2018	5,463	5,463	Nil
G C McGrath	DBSP 2018	2,574	1,325	1,249	70,843
	LTIP 2017	12,616	6,497	6,119
	LTIP 2018	3,682	1,896	1,786

PDMRs
	Award	Number of shares exercised	Number of shares retained	Number of shares sold for tax
K D Hewson	DBSP 2018	1,930	994	936
H D Morgan	DBSP 2018	1,312	675	637

Awards granted under the LTIP vest subject to the satisfaction of performance targets over the three-year performance period.

Awards granted under the DBSP usually vest three years from grant, subject to satisfaction of service conditions.

All awards were increased to reflect the dividends paid during the restricted period.

The Notification of Dealing Form can be found below.

This announcement is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

Lydia Harratt

Group Company Secretary

Zotefoams plc

020 8664 1600

About Zotefoams plc

Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology delivering optimal material solutions for the benefit of society. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE^® polyolefin and ZOTEK^® high-performance foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT^® advanced insulation for demanding industrial markets. Zotefoams also owns and licenses patented microcellular foam technology to reduce plastic use in extrusion applications and for ReZorce^® mono-material recyclable barrier packaging.

Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky, USA and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT).

www.zotefoams.com

AZOTE^®, ZOTEK^®, ReZorce^® and T-FIT^® are registered trademarks of Zotefoams plc.

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: David Burns Stirling
2.	Reason for the notification
a)	Position/status: Group CEO
b)	Initial notification/Amendment: Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:  Zotefoams plc
b)	LEI: 213800B6P256B5XN8D32
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: Ordinary shares of 5 pence each Identification code: GB0009896605
b)	Nature of the transaction: Exercise and retention under the Long-Term Incentive Plan
c)	Price(s) and volume(s): Volume Price 24,688 £3.07
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.07 24,688 £75,792.16
e)	Date of the transaction: 7 June 2022
f)	Place of the transaction: XLON
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: Ordinary shares of 5 pence each Identification code: GB0009896605
b)	Nature of the transaction: Exercise and retention under the Deferred Bonus Share Plan
c)	Price(s) and volume(s): Volume Price 2,760 £3.07
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.07 2,760 £8,473.20
e)	Date of the transaction: 7 June 2022
f)	Place of the transaction: XLON

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Gary Christopher McGrath
2.	Reason for the notification
a)	Position/status: Group CFO
b)	Initial notification/Amendment: Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:  Zotefoams plc
b)	LEI: 213800B6P256B5XN8D32
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: Ordinary shares of 5 pence each Identification code: GB0009896605
b)	Nature of the transaction: Exercise and retention under the Long-Term Incentive Plan
c)	Price(s) and volume(s): Volume Price 8,393 £3.07
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.07 8,393 £25,766.51
e)	Date of the transaction: 7 June 2022
f)	Place of the transaction: XLON
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: Ordinary shares of 5 pence each Identification code: GB0009896605
b)	Nature of the transaction: Exercise and sale for tax under the Long-Term Incentive Plan
c)	Price(s) and volume(s): Volume Price 7,905 £3.07
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.07 7,905 £24,268.35
e)	Date of the transaction: 7 June 2022
f)	Place of the transaction: XLON
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: Ordinary shares of 5 pence each Identification code: GB0009896605
b)	Nature of the transaction: Exercise and retention under the Deferred Bonus Share Plan
c)	Price(s) and volume(s): Volume Price 1,325 £4,067.75
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.07 1,325 £4,067.75
e)	Date of the transaction: 7 June 2022
f)	Place of the transaction: XLON
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: Ordinary shares of 5 pence each Identification code: GB0009896605
b)	Nature of the transaction: Exercise and sale for tax under the Deferred Bonus Share Plan
c)	Price(s) and volume(s): Volume Price 1,249 £3.07
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.07 1,249 £3,834.43
e)	Date of the transaction: 7 June 2022
f)	Place of the transaction: XLON

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Karl David Hewson
2.	Reason for the notification
a)	Position/status: Senior Executive
b)	Initial notification/Amendment: Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:  Zotefoams plc
b)	LEI: 213800B6P256B5XN8D32
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: Ordinary shares of 5 pence each Identification code: GB0009896605
b)	Nature of the transaction: Exercise and retention under the Deferred Bonus Share Plan
c)	Price(s) and volume(s): Volume Price 994 £3.07
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.07 994 £3,051.58
e)	Date of the transaction: 7 June 2022
f)	Place of the transaction: XLON
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: Ordinary shares of 5 pence each Identification code: GB0009896605
b)	Nature of the transaction: Exercise and sale for tax under the Deferred Bonus Share Plan
c)	Price(s) and volume(s): Volume Price 936 £3.07
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.07 936 £2,873.52
e)	Date of the transaction: 7 June 2022
f)	Place of the transaction: XLON

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Hugh De Riemer Morgan
2.	Reason for the notification
a)	Position/status: Senior Executive
b)	Initial notification/Amendment: Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:  Zotefoams plc
b)	LEI: 213800B6P256B5XN8D32
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: Ordinary shares of 5 pence each Identification code: GB0009896605
b)	Nature of the transaction: Exercise and retention under the Deferred Bonus Share Plan
c)	Price(s) and volume(s): Volume Price 675 £3.07
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.07 675 £2,072.25
e)	Date of the transaction: 7 June 2022
f)	Place of the transaction: XLON
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: Ordinary shares of 5 pence each Identification code: GB0009896605
b)	Nature of the transaction: Exercise and sale for tax under the Deferred Bonus Share Plan
c)	Price(s) and volume(s): Volume Price 637 £3.07
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.07 637 £1,955.59
e)	Date of the transaction: 7 June 2022
f)	Place of the transaction: XLON

 

END

 

 

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