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Director/PDMR Shareholding

16 Jul 2018 08:13

RNS Number : 7171U
Plastics Capital PLC
16 July 2018
 

Plastics Capital plc

(the "Company" or the "Group")

Director/PDMR Dealing

The Company announces the following dealings in ordinary shares of 1p each by Keith Butler-Wheelhouse, Non-Executive Director, and his wife in accordance with the requirements of the EU Market Abuse Regulation. 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 Pamela Butler-Wheelhouse

2

 

Reason for the notification

 

a)

 

Position/status

  

Wife of Keith Butler-Wheelhouse, Non-Executive Director of Plastics Capital plc

b)

 

Initial notification /Amendment

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

Plastics Capital plc

b)

 

LEI

213800EN5TUVOZKU6W30

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 Identification code 

 

 

Ordinary shares of 1p each

ISIN: GB00B289KK20 

b)

 

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1. 110 pence per share

2. 110 pence per share

3. 110 pence per share

1. 10,000

2. 5,000

3. 15,000

 

d)

 

Aggregated information

- Aggregated volume

 

 - Price

 

 

 

30,000

 

110p per share

e)

 

Date of the transactions

1. 9 July 2018

2. 11 July 2018

3. 13 July 2018

f)

 

Place of the transactions

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Keith Butler-Wheelhouse

2

 

Reason for the notification

 

a)

 

Position/status

  

Non-Executive Director

b)

 

Initial notification /Amendment

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

Plastics Capital plc

b)

 

LEI

213800EN5TUVOZKU6W30

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 Identification code

 

Ordinary shares of 1p each

ISIN: GB00B289KK20

b)

 

Nature of the transaction

Sale of ordinary shares of 1p each

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1. 110 pence per share

2. 110 pence per share

3. 110 pence per share

1. 10,000

2. 5,000

3. 15,000

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

 

 

30,000

110p per share

e)

 

Date of the transactions

1. 9 July 2018

2. 11 July 2018

3. 13 July 2018

f)

 

Place of the transactions

London Stock Exchange

 

 

 

Plastics Capital plc

Tel: 020 7978 0574

Faisal Rahmatallah, Chairman

 

Nick Ball, Finance Director

 

 

 

Cenkos Securities

Tel: 020 7397 8900

(Nomad and joint broker)

Mark Connelly

Callum Davidson

 

 

 

Allenby Capital Limited

Tel: 020 3328 5656

(Joint broker)

David Hart

 

 

 

 

 

 

 

Notes to Editor

Plastics Capital is a niche manufacturer of specialist plastic products. Applications for these products vary widely and examples include:

• Packaging for the food manufacturing and distribution - films, sacks and pouches

• Steering columns and instrument control knobs in the automotive industry - plastic ball bearings

• Hydraulic and industrial rubber hose manufacture - various types of plastic mandrel

• Cardboard box manufacture - plastic creasing matrices

 

Plastics Capital's business model is based on understanding customers' problems in depth, and then developing and mass producing proprietary, technical solutions for these problems.

The business operates through two divisions, Films and Industrial, and has the majority of its production in six UK based factories, with a further two factories in Asia and one in the USA. Approximately 50% of its £77 million sales are made outside the UK to more than 80 countries.

Further information can be found on www.plasticscapital.com

 

 

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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