Notification Of Transactions Of Directors/PDMRs

Zotefoams PLC
06 June 2023
 

Zotefoams plc

(the 'Company')

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs

6 June 2023 - The Company has 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') at an aggregate price of £3.45 as follows:

 

Number of shares exercised

Number of shares retained

Number of shares sold for tax

Number of shares sold

Aggregate number of shares held

D B Stirling

 

5,336

Nil

Nil

 

5,336

492,746

G C McGrath

3,596

1,902

1,694

 

Nil

100,439

 

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

 

 

 

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 and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA and 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: David Burns Stirling

2.

Reason for the notification

a)

Position/status: Group CEO

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 under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Date

Volume

Price

5 June 2023

304

£3.51

6 June 2023

5,032

£3.45

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£3.45

5,336

£18,409.20

e)

Date of the transaction: 6 June 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: Gary Christopher McGrath

2.

Reason for the notification

a)

Position/status: Group CFO

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 under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Date

Volume

Price

5 June 2023

96

£3.51

6 June 2023

1,598

£3.45

6 June 2023

1,902

£3.45

d)

Aggregated information:

 

Aggregate Price

Aggregate Volume

Aggregate Total

£3.45

3,596

£12,406.20

e)

Date of the transaction: 6 June 2023

f)

Place of the transaction: XLON

 

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Zotefoams (ZTF)
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