Director/PDMR Shareholding

RNS Number : 1195R

Polypipe Group PLC

08 September 2014

 



8 September 2014

        Polypipe Group plc

          (the "Company")

Notification of Transaction by Persons

Discharging Managerial Responsibilities

Pursuant to the notification obligations under Disclosure and Transparency Rule 3.1.4R, the Company hereby notifies the following change in the interests of directors and persons discharging managerial responsibility ("PDMRs") in Ordinary Shares of £0.001 each in the Company ("Shares") on 8 September 2014.

1.       Long Term Incentive Plan

On 8 September 2014, an award under the Company's Long Term Incentive Plan (the "LTIP Plan") was granted over Shares as set out in the table below. The award was made in the form of a nil-cost option which is exercisable for 10 years from the date of grant, unless the exercise period is shortened in accordance with the LTIP Plan rules.

For further information on the LTIP Plan, please refer to the prospectus published on 11 April 2014. 

1. Name	2. Status	3. No. of Shares  subject to LTIP	4. Lapse Date	5. Market value of     shares awarded
Simon Howard	PDMR	25,490	8 September 2024	£65,000

Contacts:

Polypipe Group plc Peter Shepherd, Chief Financial Officer [phone] Brunswick Simon Maine [phone]

 

END

 

 

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