RNS Number : 4947I
Alumasc Group PLC
26 November 2018
26 November 2018
The Alumasc Group plc (the "Company")
NOTIFICATION OF TRANSACTION BY A DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY
The Company was notified that, on 23 November 2018, Gilbert Jackson, a person discharging managerial responsibility in the Company ("PDMR"), acquired Ordinary Shares of 12.5 pence each in the Company ("Shares") at nil cost following the vesting on 13 March 2018 of a share award under the Company's Long Term Incentive Plan and sold those Shares at the price shown below, in part to cover the tax and social security due. The Shares acquired were existing Shares in issue held by the Alumasc Group Employee Trust.
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PDMR
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No. of Shares vested
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No. of Shares sold
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Sale price
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Gilbert Jackson
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19,000
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19,000
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127.37p
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The Notification of Dealing Form for the above PDMR can be found below. This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.
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·
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Details of the person discharging managerial responsibilities / person closely associated
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·
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Name
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Gilbert Jackson
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·
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Reason for the notification
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·
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Position/status
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Persons Discharging Managerial responsibility
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·
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Initial notification
/Amendment
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Initial notification
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·
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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·
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Name
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The Alumasc Group plc
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·
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LEI
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2138002MV11VKZFJ4359
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·
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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
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·
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Description of the
Financial instrument, type
of instrument
Identification code
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Ordinary 12.5p shares
GB0000280353
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·
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Nature of the transaction
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Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan and sale of shares.
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·
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Price(s) and volume(s)
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Exercise of Long Term Incentive Plan awards (nil cost options)
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PDMR
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Price(s)
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Volume(s)
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Gilbert Jackson
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n/a
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19,000
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Sale of shares
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PDMR
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Price(s)
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Volume(s)
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Gilbert Jackson
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127.37p
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19,000
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|
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·
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Aggregated information
· Aggregated volume
· Price
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Exercise of Long Term Incentive Plan awards
19,000 Ordinary 12.5p shares acquired through the exercise of nil cost options
Sale of shares
19,000 Ordinary 12.5p shares sold at 127.37 pence per share
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·
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Date of the transaction
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2018-11-23
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·
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Place of the transaction
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London Stock Exchange, Main Market (XLON)
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Enquiries:
Helen Ashton, Group Company Secretary Designate
The Alumasc Group plc
Station Road, Burton Latimer, Kettering, Northants NN15 5JP
Tel: 01536 383812
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END
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