Director/PDMR Shareholding

RNS Number : 4694M

Synthomer PLC

11 May 2020

 

LEI: 213800EHT3TI1KPQQJ56

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 On 6 May 2020 Calum MacLean, Chief Executive Officer, Synthomer plc ("the Company"), exercised a nil cost long term incentive plan award over 17,316 ordinary shares granted in 2017 under the Company's 2011 Performance Share Plan. Mr MacLean has retained all such shares and will pay the cost of the resultant tax liability in cash in order to avoid the disposal of any shares.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Calum MacLean
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Synthomer plc
b)	LEI	213800EHT3TI1KPQQJ56
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 10p each
	Identification code	GB0009887422
b)	Nature of the transaction	Exercise of long term incentive plan award granted in 2017 under the 2011 Performance Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	17,316
d)	Aggregated information
	- Aggregated volume	17,316
	- Price	Nil
e)	Date of the transaction	6 May 2020
f)	Place of the transaction	Not applicable

 

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