Director/PDMR Shareholding

RNS Number : 8398O

Alumasc Group PLC

12 October 2021

 

The Alumasc Group plc

12 October 2021

Director Dealings

On 11 October 2021, The Alumasc Group plc (the 'Company') was notified of the following transactions which took place with respect to Paul Hooper, Chief Executive Officer of the Company, Gilbert Jackson, Executive Director and Michael Leaf, Executive Director, relating to the vesting of share awards held under the Alumasc 2018 Long Term Incentive Plan.  Additionally, Mr Jackson and Mr Leaf sold part of their resulting holdings as further detailed below to cover tax and NI liabilities arising on the vesting of awards and Michael Leaf transferred his resulting shares to Mrs Luan Leaf, a closely associated person.

Following these transactions, the resulting number of Ordinary Shares of 12.5p each ('Shares') in the capital of the Company held by the above Directors or by their Closely Associated Persons were:

	Total holding of Shares	% of issued share capital
Paul Hooper	881,766	2.44%
Gilbert Jackson	22,950	0.06%
Michael Leaf	36,937	0.10%

Settlement of all of the above awards were made from existing ordinary shares held by the Alumasc Employee Benefit Trust.

For further information in respect of this announcement: Helen Ashton, Group Company Secretary

Date of Notification: 12 October 2021

Tel: [phone]

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Paul Hooper
2.	Reason for the notification
a.	Position/status	Chief Executive Officer and PDMR
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	The Alumasc Group plc
b.	LEI	2138002MV11VKZFJ4359
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 Identification code	Ordinary 12.5p shares GB0000280353
b.	Nature of the transaction	Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan.
c.	Price(s) and volume(s)	Exercise of Long Term Incentive Plan awards (nil cost options) Chief Executive Officer and PDMR Price(s) Volume(s) Paul Hooper Nil 111,810
d.	Aggregated information · Aggregated volume · Price	Exercise of Long Term Incentive Plan awards 111,810 Ordinary Shares acquired at nil cost
e.	Date of the transaction	2021-10-11
f.	Place of the transaction	Off Market

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Gilbert Jackson
2.	Reason for the notification
a.	Position/status	Executive Director and PDMR
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	The Alumasc Group plc
b.	LEI	2138002MV11VKZFJ4359
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 Identification code	Ordinary 12.5p shares GB0000280353
b.	Nature of the transaction	(1)  Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan. (2)  Shares sold to cover the tax liability on vesting.
c.	Price(s) and volume(s)	Exercise of Long Term Incentive Plan awards (nil cost options) Executive Director and PDMR Price(s) Volume(s) Total number of shares on vesting Nil 43,303 Shares sold to cover tax liabilities on vesting 225p 20,353
d.	Aggregated information · Aggregated volume · Price	Exercise of Long Term Incentive Plan awards (nil cost options) Executive Director and PDMR Price(s) Volume(s) Total number of shares on vesting Nil 43,303 Shares sold to cover tax liabilities on vesting 225p 20,353
e.	Date of the transaction	2021-10-11
f.	Place of the transaction	Off Market

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Michael Leaf
2.	Reason for the notification
a.	Position/status	Executive Director and PDMR
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	The Alumasc Group plc
b.	LEI	2138002MV11VKZFJ4359
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 Identification code	Ordinary 12.5p shares GB0000280353
b.	Nature of the transaction	(1)  Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan. (2)  Shares sold to cover the tax liability on vesting. (3)  Shares transferred to Mrs Luan Leaf, a closely associated person
c.	Price(s) and volume(s)	Exercise of Long Term Incentive Plan awards (nil cost options) Executive Director and PDMR Price(s) Volume(s) Total number of shares on vesting Nil 38,798 Shares sold to cover tax liabilities on vesting 225p 18,236 Shares transferred to a Closely Associated Person, Mrs L Leaf Nil 20,562
d.	Aggregated information · Aggregated volume · Price	Exercise of Long Term Incentive Plan awards (nil cost options) Executive Director and PDMR Price(s) Volume(s) Total number of shares on vesting Nil 38,798 Shares sold to cover tax liabilities on vesting 225p 18,236 Shares transferred to a Closely Associated Person, Mrs L Leaf Nil 20,562
e.	Date of the transaction	2021-10-11
f.	Place of the transaction	Off Market

 

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