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PDMR Notification

6 Mar 2019 09:43

RNS Number : 0194S
Scapa Group PLC
06 March 2019
 

06 March 2019

 

LEI No. 213800QIPVTK5ES5UU36

 

SCAPA GROUP PLC

 

PDMR Notification

 

Notification and public disclosure of transactions by persondischarging managerial responsibilities ('PDMR')

 

Scapa Group plc (AIM: SCPA) today announces that on 05 March 2019, the PDMR named below was granted an option to acquire the number of ordinary shares of 5 pence each ('Ordinary Shares') in the capital of Scapa Group plc set out opposite his name under the terms of the Scapa Group plc 2011 Performance Share Plan ('PSP') at nil cost per Ordinary Share.

 

 Name / Position of PDMR

Number of Ordinary Shares over which the option is held

Oskar Zahn - Chief Financial Officer

70,855

 

In accordance with the rules of the PSP, no consideration was paid by the above-named individual for the option granted to him. Each option is subject to, and governed by, the rules of the PSP and the legislation relating to the PSP.

 

This announcement, including the notifications below, is made in accordance with the requirements of the EU Market Abuse Regulation.

 

ANNEX

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Oskar Zahn

 

2

Reason for the notification

 

a)

Position / status

Chief Financial Officer

 

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

Grant of share option

 

c)

Price(s) and volume(s)

 

70,855 Ordinary Shares

Exercise price 0p

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

 

05 March 2019

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/Richard Thomas

(Joint Broker/Nominated Adviser)

+44 (0) 20 7260 1000

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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