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20 Dec 2012 07:00
20 December 2012
Scapa Group plc
('Scapa' or 'the Company')
Director Dealing - Exercise of Option
Scapa announces that application has been made for the admission of 100,000 new ordinary shares of 5p each in the Company ("New Ordinary Shares") following the exercise of nil cost options by Mr Heejae Chae, Group Chief Executive, under the Scapa Group PLC 2004 Performance Share Plan. The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company. Admission of the 100,000 ordinary shares is expected to take place on 27 December 2012. Following admission the total issued share capital of the Company will be 146,195,043 ordinary shares of 5p each.
Following the allotment of these shares, Mr Chae is interested in 490,709 ordinary shares of 5p each representing 0.36% of the Company's issued share capital.
For further information:
Scapa Group plc:
Paul Edwards +44 (0) 161 301 7400
Finance Director
Arden Partners +44 (0) 20 7614 5929
Chris Hardie
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