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4 Mar 2014 17:43
4 March 2014
British Polythene Industries PLC
("the Company")
Share Matching Plan - Purchase and vesting of shares
The Company was informed on 4 March 2014 that the Trustees of the British Polythene Industries Employee Share Ownership Trust ("ESOT") had acquired 549,294 ordinary shares of 25p each in the Company ("shares") at 657.25 pence per share. The shares acquired represent 2.04 % of the Company's share capital and were acquired for use under the Company's Share Matching Plan.
On 3 March 2014, 1,037,057 shares (which had prior to then been held in the British Polythene Industries Employee Share Ownership Trust (" ESOT")) vested in employees under the Company's Share Matching Plan.
Following this vesting and acquisition, the ESOT owns 940,383 shares representing 3.49% of the total voting rights and share capital of the Company. John Langlands and David Harris as executive directors of the Company and David Duthie, Andrew Green, Michael Huyghe and David Pendlebury as other Persons Discharging Managerial Responsibilities, are beneficiaries of the Share Matching Plan and as such have an interest in the shares for the purposes of Disclosure and Transparency Rule 3.1.
Hilary Kane
Company Secretary & Legal Counsel
01475 501055
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