Notification Of Transactions Of Directors/PDMRs

Zotefoams PLC

11 October 2023

 

Zotefoams plc

(the 'Company')

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs

11 October 2023 - On 10 October 2023, 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') as follows:

PDMRs
	Award	Number of shares exercised	Number of shares retained	Number of shares sold for tax	Share price £
K D Hewson	LTIP 2020	9,095	0	0	2.926087
H D Morgan	LTIP 2020	8,368	4,426	3,942	2.926087
J P Bridges	LTIP 2020	4,366	0	0	2.926087
B Sala	LTIP 2020	5,325	5,325	0	3.08

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

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

Enquiries:

Zotefoams plc	[phone]
David Stirling, Group CEO
Gary McGrath, Group CFO
IFC Advisory	[phone]
Graham Herring Tim Metcalfe Zach Cohen

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, Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA, Stilling, Denmark (microcellular foam technology) 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: 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 sale of shares under the Long-Term Incentive Plan
c)	Price(s) and volume(s): Volume Price 9,095 £2.926087
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £2.926087 9,095 £26,612.76
e)	Date of the transaction: 10 October 2023
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 sale of shares for tax under the Long-Term Incentive Plan
c)	Price(s) and volume(s): Volume Price 3,942 £2.926087
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £2.926087 3,942 £11,534.63
e)	Date of the transaction: 10 October 2023
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 of shares under the Long-Term Incentive Plan
c)	Price(s) and volume(s): Volume Price 4,426 £2.926087
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £2.926087 4,426 £12,950.86
e)	Date of the transaction: 10 October 2023
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: James Peter Bridges
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 sale of shares under the Long-Term Incentive Plan
c)	Price(s) and volume(s): Volume Price 4,366 £2.926087
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £2.926087 4,366 £12,775.30
e)	Date of the transaction: 10 October 2023
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: Benito Sala
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 of shares under the Long-Term Incentive Plan
c)	Price(s) and volume(s): Volume Price 5,325 £3.08
d)	Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £3.08 5,325 £16,401.00
e)	Date of the transaction: 10 October 2023
f)	Place of the transaction: XLON

 

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