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15 Oct 2015 17:46
Polypipe Group Plc
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
This announcement replaces the previous release made on 15 October 2015 under RNS number 4388C.
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.
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.
These are the only changes to the previously released announcement. The correction is included in the full text of the announcement below.
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
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 |
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 |
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
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
|
Name of authorised officer of issuer responsible for making notification
Date of notification 15 OCTOBER 2015
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(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.
(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.
(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.
(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.
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