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DIRECTOR DEALINGS: British Polythene Directors Acquire Shares

Tue, 04th Mar 2014 18:05

LONDON (Alliance News) - British Polythene Industries PLC Tuesday said Chief Executive John Langlands and five other directors acquired shares at a price of 227 pence and 252.83 pence per share following vesting of shares under its share matching plan. They then sold a portion of those shares at 657.25 pence to meet the tax liability arising on vesting.

Details of the transactions are as follows:

(1)

Manager/ Registered Shareholder

(2)

Number of Shares acquired on vesting under SMP and % of share capital

(3)

Number of Shares sold to meet a Tax Liability and % of share capital

(4)

Net increase in Manager's shareholding and & of share capital

 

John Langlands

Invested:          61,044

Matching:       177,085

Dividend:          24,903

Total:         263,032 (0.98%)

 

131,516   (0.49%)

     131,516    (0.49%)  

David Harris

Invested:         28,715   

Matching:         83,279

Dividend:          11,654

Total:            123,648 (0.46%)

 

     61,824 (0.23%)

       61,824   (0.23%)  

David Duthie

Invested:          21,873

Matching:         63,188

Dividend:           8,878

Total:              93,849 (0.35%)

 

46,925 (0.175%)

       46,924 (0.175%) 

Michael Huyghe

Invested:          36,002

Matching:         82,827

Dividend:          12,462

Total:            131,291 (0.49%)

 

     78,775 (0.29%)

       52,516   (0.20%)

Andrew Green

Invested:         36,680   

Matching:         78,815

Dividend:          11,811   

Total:            127,306 (0.47%)

                 

63,653 (0.235%)

       63,653 (0.235%)

David Pendlebury

Invested:         18,269   

Matching:         45,048

Dividend:           6.804

Total:          70,121 (0.26%)

 

35,061 (0.13%)

35,060  (0.13%)



The stock closed at 661.67 pence Tuesday, up 6.67 pence or 1.0%

By Anthony Tshibangu; anthonytshibangu@alliancenews.com;

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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