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Scapa Group PLC (SCPA)

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Wednesday 12 June, 2019

Scapa Group PLC

Director/PDMR Shareholding

RNS Number : 9989B
Scapa Group PLC
12 June 2019
 

12 June 2019                                                                                                                                                     

LEI No. 213800QIPVTK5ES5UU36

SCAPA GROUP PLC

('the Company')

Director/PDMR Shareholding

 

Notification and public disclosure of transactions by person discharging managerial responsibilities ('PDMR')

Scapa Group plc (AIM: SCPA) (the 'Company') announces that it was notified on 11 and 12 June 2019 that the following Directors of the Company purchased a total of 135,000 Ordinary shares in the Company at prices varying between 180.0 pence per share and 183.8 pence per share.  The following table shows the number of shares purchased by each Director, along with their resultant holdings:-

 

Director/Person Closely
Associated

No. of Ordinary Shares held prior to Purchase

No. of Ordinary Shares Purchased

No. of Ordinary Shares held following Purchase

Percentage of Issued Share Capital following Purchase

Heejae Chae

Group Chief Executive

871,767

109,700

981,467

0.6326%

Larry Pentz

Chairman

10,000

17,000

27,000

0.0174%

Oskar Zahn

Chief Financial Officer

1,000

8,300

9,300

0.0059%

 

Mr Chae also has a beneficial interest in respect of 1,645,766 (1.06%) Ordinary shares, under the Scapa Group plc 2015 Value Creation Plan.  These shares have vested but will not be released until March 2020 pursuant to the Plan rules.

In addition, Edward Baker (Person Closely Associated with Wendy Baker, Group General Counsel and Company Secretary and a PDMR of the Company) purchased a total of 10,908 Ordinary shares in the Company at 180.3 pence per share and 183.6 pence per share.

The notifications set out in the Annex below, which were made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provide further details of such purchases.

ANNEX

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Heejae Chae

 

2

Reason for the notification

 

a)

Position / status

Group Chief Executive

 

b)

Initial notification / amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Scapa Group plc

 

b)

LEI

 

213800QIPVTK5ES5UU36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

a)

Description of financial instrument,

type of instrument

Ordinary Shares of 5p each

 

Identification Code

 

GB0007281198

b)

Nature of the transactions

Purchase of Shares

 

c)

Price(s) and volume(s)

 

109,700 at 183.8 pence per share

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transactions

 

12 June 2019

f)

Place of the transactions

 

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Larry Pentz

 

2

Reason for the notification

 

a)

Position / status

Chairman

 

b)

Initial notification / amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Scapa Group plc

 

b)

LEI

 

213800QIPVTK5ES5UU36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

a)

Description of financial instrument,

type of instrument

Ordinary Shares of 5p each

 

Identification Code

 

GB0007281198

b)

Nature of the transactions

Purchase of Shares

 

c)

Price(s) and volume(s)

 

17,000 at 182.4 pence per share

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transactions

 

11 June 2019

f)

Place of the transactions

 

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Oskar Zahn

 

2

Reason for the notification

 

a)

Position / status

Chief Financial Officer

 

b)

Initial notification / amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Scapa Group plc

 

b)

LEI

 

213800QIPVTK5ES5UU36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

a)

Description of financial instrument,

type of instrument

Ordinary Shares of 5p each

 

Identification Code

 

GB0007281198

b)

Nature of the transactions

Purchase of Shares

 

c)

Price(s) and volume(s)

 

8,300 at 180.0 pence per share

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transactions

 

11 June 2019

f)

Place of the transactions

 

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Edward Baker

 

2

Reason for the notification

 

a)

Position / status

Person Closely Associated

 

b)

Initial notification / amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Scapa Group plc

 

b)

LEI

 

213800QIPVTK5ES5UU36

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

a)

Description of financial instrument,

type of instrument

Ordinary Shares of 5p each

 

Identification Code

 

GB0007281198

b)

Nature of the transactions

Purchase of Shares

 

c)

Price(s) and volume(s)

 

9,251 at 183.6 pence per share

1,657 at 180.3 pence per share

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transactions

 

11 June 2019

f)

Place of the transactions

 

London Stock Exchange, AIM

 

 

For further information:

 

Scapa Group plc:

Wendy Baker                                                                                               +44 (0) 161 301 7400

Company Secretary

 

Numis Securities Limited:                                                                       +44 (0) 20 7260 1000

Mark Lander/ Richard Thomas

(Joint Broker/Nominated Adviser)

 


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