Director/PDMR Shareholding

RNS Number : 7862S

Alumasc Group PLC

21 March 2016

 

Monday 21 March 2016

THE ALUMASC GROUP PLC (the "Company")

Director/PDMR Shareholding

Exercise of options under the Company's Long Term Investment Plan ("LTIP")

The Company has received notification that on 18 March 2016 the following directors exercised nil cost option awards in accordance with the rules of the 2008 LTIP scheme:

Director	No. of options exercised	Percentage of issued ordinary share capital
G Paul Hooper	87,259	0.24%
Andrew Magson	36,538	0.10%

The participants in the 2008 LTIP scheme are not required to make any payment for the exercised shares, which vested on 18 March 2016 following the achievement of specified performance targets as detailed in the Company's 2015 Annual Report and Accounts.

Total shareholding following notification

As a result of these transactions, the directors' total holdings of ordinary shares in the Company are as follows:

Director	Number of ordinary shares beneficially owned	Percentage of issued ordinary share capital
G Paul Hooper	191,902	0.53%
Andrew Magson	61,538	0.17%

Enquiries:

The Alumasc Group plc	01536 383814
John Douglas Deputy Group Company Secretary

 

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