20 May 2020 10:55
20 May 2020
LEI No. 213800QIPVTK5ES5UU36
SCAPA GROUP PLC
('the Company')
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR')
Scapa Group plc (AIM: SCPA) announces that following the Company's announcement on 14 May 2020 of the successful completion of the placing of new ordinary shares (the "Placing") and the related subscription for new ordinary shares by certain directors and members of the senior management team of the Company (the "Subscription"), the Company announces that as part of the Subscription, 319,044 new ordinary shares were issued to Persons Discharging Managerial Responsibilities of the Company as set out below:
Name | No. of Ordinary Shares held prior to Purchase | No. of Ordinary Shares Purchased | No. of Ordinary Shares held following Purchase | Percentage of Issued Share Capital |
Heejae Chae* | 981,467 | 142,857 | 1,124,324 | 0.60% |
Dr Tim Miller | - | 19,047 | 19,047 | 0.01% |
David Blackwood | 15,128 | 14,285 | 29,413 | 0.02% |
Brendan McAtamney | 14,150 | 9,523 | 23,673 | 0.01% |
John Petreanu | - | 119,047 | 119,047 | 0.06% |
Wendy Baker | 21,386 | 14,285 | 35,671 | 0.02% |
*Mr Chae also has a beneficial interest in respect of 1,645,766 (1.06%) Ordinary Shares, under the Scapa Group plc 2015 Value Creation Plan and 152,613 Ordinary Shares (0.10%) under the Scapa Group plc 2011 Performance Share Plan. These shares have vested and may be released to Mr Chae upon exercise pursuant to the respective plan rules.
The notifications set out in the Annex below, which were made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provide further details of the subscriptions.
ANNEX
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Heejae Chae
|
2 | Reason for the notification
| |
a) | Position / status | Group Chief Executive
|
b) | Initial notification / amendment | Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a) | Name | Scapa Group plc
|
b) | LEI
| 213800QIPVTK5ES5UU36 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
| |
a) | Description of financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification Code
| GB0007281198 |
b) | Nature of the transactions | Purchase of shares
|
c) | Price(s) and volume(s)
| Purchase of 142,857 shares at 105p per share |
d) | Aggregated information - Aggregated volume - Price | n/a |
e) | Date of the transactions
| 19 May 2020 |
f) | Place of the transactions
| London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Timothy Miller
|
2 | Reason for the notification
| |
a) | Position / status | Non-Executive Director
|
b) | Initial notification / amendment | Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a) | Name | Scapa Group plc
|
b) | LEI
| 213800QIPVTK5ES5UU36 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
| |
a) | Description of financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification Code
| GB0007281198
|
b) | Nature of the transactions | Purchase of shares
|
c) | Price(s) and volume(s)
| Purchase of 19,047 shares at 105p per share |
d) | Aggregated information - Aggregated volume - Price | n/a |
e) | Date of the transactions
| 19 May 2020 |
f) | Place of the transactions | London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | David Blackwood
|
2 | Reason for the notification
| |
a) | Position / status | Non-Executive Director
|
b) | Initial notification / amendment | Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a) | Name | Scapa Group plc
|
b) | LEI
| 213800QIPVTK5ES5UU36 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
| |
a) | Description of financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification Code
| GB0007281198 |
b) | Nature of the transactions | Purchase of shares
|
c) | Price(s) and volume(s)
| Purchase of 14,285 shares at 105p per share |
d) | Aggregated information - Aggregated volume - Price | n/a |
e) | Date of the transactions
| 19 May 2020 |
f) | Place of the transactions
| London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Brendan McAtamney
|
2 | Reason for the notification
| |
a) | Position / status | Non-Executive Director
|
b) | Initial notification / amendment | Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a) | Name | Scapa Group plc
|
b) | LEI
| 213800QIPVTK5ES5UU36 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
| |
a) | Description of financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification Code
| GB0007281198 |
b) | Nature of the transactions | Purchase of shares
|
c) | Price(s) and volume(s)
| Purchase of 9,523 shares at 105p per share |
d) | Aggregated information - Aggregated volume - Price | n/a |
e) | Date of the transactions
| 19 May 2020 |
f) | Place of the transactions
| London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | John Petreanu
|
2 | Reason for the notification
| |
a) | Position / status | President-Healthcare
|
b) | Initial notification / amendment | Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a) | Name | Scapa Group plc
|
b) | LEI
| 213800QIPVTK5ES5UU36 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
| |
a) | Description of financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification Code
| GB0007281198 |
b) | Nature of the transactions | Purchase of shares
|
c) | Price(s) and volume(s)
| Purchase of 119,047 shares at 105p per share |
d) | Aggregated information - Aggregated volume - Price | n/a |
e) | Date of the transactions
| 19 May 2020 |
f) | Place of the transactions
| London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Wendy Baker
|
2 | Reason for the notification
| |
a) | Position / status | Group General Counsel and Company Secretary
|
b) | Initial notification / amendment | Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a) | Name | Scapa Group plc
|
b) | LEI
| 213800QIPVTK5ES5UU36 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
| |
a) | Description of financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification Code
| GB0007281198 |
b) | Nature of the transactions | Purchase of shares |
c) | Price(s) and volume(s) | Purchase of 14,285 shares at 105p per share |
d) | Aggregated information - Aggregated volume - Price | n/a |
e) | Date of the transactions
| 19 May 2020 |
f) | Place of the transactions
| London Stock Exchange, AIM |
For further information:
Scapa Group plc: Wendy Baker Company Secretary |
+44 (0) 161 301 7400 |
|
|
Numis Securities Limited: Mark Lander/ Freddie Barnfield / Duncan Monteith (Joint Broker/Nominated Adviser) | +44 (0) 20 7260 1000 |
|
|
Berenberg: Chris Bowman / Toby Flaux (Joint Broker) | +44 (0) 20 3207 7800 |