25 Jun 2020 10:20
25 June 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 it was notified on 24 June 2020 that Mr Heejae Chae, Group Chief Executive of the Company, purchased 19,899 Ordinary shares in the Company on 24 June 2020 at a price of 100.0 pence per share. Mr Chae's beneficial holding in the Company following the purchase is as follows:
Director/Person CloselyAssociated | 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 Purchase |
Heejae Chae | 1,124,324 | 19,899 | 1,144,223 | 0.61% |
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 will be released to Mr Chae upon exercise pursuant to the respective plan rules.
The notification below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further detail.
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 transaction | Purchase of shares
|
c) | Price(s) and volume(s)
| Purchase of 19,899 shares at 100p per share |
d) | Aggregated information - Aggregated volume - Price | Volume: 19,899 ordinary shares of 5p each, purchase price of 100 pence per share Aggregated: £19,899
|
e) | Date of the transaction
| 24 June 2020 |
f) | Place of the transaction
| 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 |