18 Sep 2014 09:00
18 September 2014
Polypipe Group plc
Notification of Transactions of Directors / Persons Discharging Managerial Responsibility
Polypipe Group plc (the "Company") today announces that share options over ordinary shares of £0.001 each, in the Company, have today been granted to the following Persons Discharging Managerial Responsibility ("PDMRs") under the terms of the Company's Sharesave Plan ("Plan").
Name of Director / PDMR | Number of options awarded | Total options held following award |
Adam Woolgar | 1,809 | 1,809 |
Andy Warchol | 3,618 | 3,618 |
Cameron McLellan | 9,045 | 9,045 |
David Hall | 9,045 | 9,045 |
Glen Sabin | 9,045 | 9,045 |
John Chambers | 3,618 | 3,618 |
Keir Littlewood | 9,045 | 9,045 |
Lee Dawes | 3,618 | 3,618 |
Lyndon Wilson | 9,045 | 9,045 |
Mark Hughes | 9,045 | 9,045 |
Neil Tilsley | 9,045 | 9,045 |
Paul Manning | 9,045 | 9,045 |
Paula Mullin | 4,523 | 4,523 |
Peter Shepherd | 9,045 | 9,045 |
Peter Roper | 9,045 | 9,045 |
Each option is exercisable at an option price of £1.99. The option exercise price represents a 20% discount to the average closing price of a share on the three dealing days prior to the invitation to participate in the Company's Plan which was 26 August 2014. No performance conditions attach to these options which may be exercisable in three years' time from the date of grant.
Enquiries:
Polypipe Group plc Peter Shepherd, Chief Financial Officer +44 (0) 1709 770 000
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