6 Mar 2019 16:12
06 March 2019
LEI No. 213800QIPVTK5ES5UU36
SCAPA GROUP PLC
('the Company')
Director/PDMR Shareholding
Notification and public disclosure of transactions by person discharging managerial responsibilities ('PDMR')
Scapa Group plc (AIM: SCPA) announces that Ms Jennifer Park, a Closely Associated Person of Mr Heejae Richard Chae, Chief Executive Officer, has acquired 16,552 ordinary 5p shares in the capital of the Company ("Ordinary Shares").
Mr Chae's beneficial holding in the Company following the acquisition is as follows:
Director | 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 following Exercise and Sale |
Heejae Richard Chae | 855,215 | 16,552 | 871,767 | 0.56% |
In addition, 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. These shares have vested but will not be released until March 2020 pursuant to the Plan rules.
The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such exercise and sale.
ANNEX
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Jennifer Park
|
2 | Reason for the notification
| |
a) | Position / status | Closely Associated Person
|
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)
| 16,552 at 302.07 pence per share |
d) | Aggregated information - Aggregated volume - Price |
n/a |
e) | Date of the transactions
| 06 March 2019 |
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/Richard Thomas (Joint Broker/Nominated Adviser) | +44 (0) 20 7260 1000 |