Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 0813S
Scapa Group PLC
06 March 2019
 

06 March 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) announces that Ms Jennifer Park, a Closely Associated Person of Mr Heejae Richard Chae, Chief Executive Officer, has acquired 16,552 ordinary 5p shares in the capital of the Company ("Ordinary Shares").

 

Mr Chae's beneficial holding in the Company following the acquisition is as follows:

 

Director

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 Exercise and Sale

Heejae Richard Chae

855,215

16,552

871,767

0.56%

 

In addition, 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.

 

The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such exercise and sale.

 

ANNEX

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Jennifer Park

 

2

Reason for the notification

 

a)

Position / status

Closely Associated Person

 

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)

 

16,552 at 302.07 pence per share

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transactions

 

06 March 2019

f)

Place of the transactions

 

London Stock Exchange, AIM

 

For further information:

 

Scapa Group plc:

Wendy Baker

Company Secretary

+44 (0) 161 301 7400

Numis Securities Limited:

Mark Lander/Richard Thomas

(Joint Broker/Nominated Adviser)

+44 (0) 20 7260 1000

 


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