15 Oct 2015 17:46
Â
Polypipe Group Plc
Â
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
Â
This announcement replaces the previous release made on 15 October 2015 under RNS number 4388C.
Â
The previous announcement stated that P Shepherd (Director) had disposed 131,482 shares with a total of 3,345,555 shares held following the disposal.
Â
The announcement should have stated that Mrs Joanne Sabin (Connected Person of Glen Sabin (a Director)) had disposed 131,482 shares with a total of 600,000 shares held following the disposal.
Â
These are the only changes to the previously released announcement. The correction is included in the full text of the announcement below.
Â
Â
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
Â
Â
 1. |  Name of the issuer  POLYPIPE GROUP PLC |  2. |  State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act 2006, or (iii) in accordance with paragraph 26 of the Model Code  (i) DTR 3.1.2 R |
 3. |  Name of person discharging managerial responsibilities/director  GLEN SABIN |  4. |  State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person  MRS JOANNE SABIN |
 5. |  Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1  IN RESPECT OF 4 ABOVE  |  6. |  Description of shares (including class), debentures or derivatives or financial instruments relating to shares   ORDINARY SHARES OF £0.001 EACH |
 7. |  Name of registered shareholders(s) and, if more than one, the number of shares held by each of them  PDMR NAMED IN 3 AND CONNECTED PERSON IN 4  |  8 |  State the nature of the transaction  DISPOSAL OF SHARES
|
 9. |  Number of shares, debentures or financial instruments relating to shares acquired  N/A |  10. |  Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)  N/A |
 11. |  Number of shares, debentures or financial instruments relating to shares disposed  131,482 SHARES IN RESPECT OF 4 ABOVE |  12. |  Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)  0.07% |
 13. |  Price per share or value of transaction  315.551 PENCE PER SHARE |  14. |  Date and place of transaction  14 OCTOBER 2015 |
Â
 15. |  Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)   IN RESPECT OF 3 ABOVE SHARES 403,887 0.2027% IN RESPECT OF 4 ABOVE 600,000 SHARES 0.3000%  Total Shares 1,003,887 0.50%   |  16. |  Date issuer informed of transaction      15 OCTOBER 2015 |
Â
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
Â
 17 |  Date of grant   N/A |  18. |  Period during which or date on which exercisable   N/A |
 19. |  Total amount paid (if any) for grant of the option   N/A |  20. |  Description of shares or debentures involved (class and number)   N/A |
 21. |  Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise  N/A |  22. |  Total number of shares or debentures over which options held following notification  N/A |
 23. |  Any additional information  N/A |  24. |  Name of contact and telephone number for queries  Peter Shepherd Chief Financial Officer 01709 772249  |
Â
Â
Â
Name of authorised officer of issuer responsible for making notification
Â
Â
Â
Â
Date of notification  15 OCTOBER 2015
Â
Â
Â
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
Â
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
Â
(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
Â
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
Â
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and
24.
Follow the stocks