Last checked at 13 Feb 2018 07:00
13 February 2018
Zotefoams plc
(the 'Company')
Directors' Share Dealings
The Company was notified on 12 February 2018 that on 12 February 2018 the following Directors became beneficially interested in the number of ordinary shares of 5 pence in the Company set out against their names in the table below under the Zotefoams Share Incentive Plan (the 'SIP'). The shares were purchased on their behalf by the SIP Trustee (Yorkshire Building Society) at a price of £4.278 per share.
The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares ('partnership shares') in the Company, using deductions from salary in each monthly pay period, and receive allocations of matching free ordinary shares ('matching shares'). Dividends received on the shares held in the SIP are used to buy further ordinary shares ('dividend shares') in the Company.
The table below sets out the number of shares purchased and the number of matching shares that were allocated for no consideration.
Director | Number of partnership shares purchased
| No. of matching shares allocated
|
D B Stirling
| 35 | 9 |
G C McGrath
| 35 | 9 |
Following the above-mentioned transactions, Mr Stirling and Mr McGrath are beneficially interested in the following number of shares:
Director | Number of shares¹ | Percentage of issued Share Capital |
D B Stirling
| 398,554 | 0.90 |
G C McGrath | 1,150
| 0.00 |
¹ Includes partnership shares, dividend shares and vested matching shares.
The Notification of Dealing Form for each Director can be found below.
This notification is made in accordance with the Market Abuse Regulation.
Enquiries:
James Kindell
Company Secretary
Zotefoams plc
020 8664 1600
About Zotefoams plc:
Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology. Using a unique manufacturing process with environmentally friendly nitrogen expansion, Zotefoams produces and sells lightweight AZOTE® polyolefin and ZOTEK® high-performance foams for diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT® advanced insulation for demanding industrial markets. In addition, Zotefoams owns and licenses patented MuCell® microcellular foam technology, developed specifically for extrusion applications, from a base in Massachusetts, USA to customers worldwide.
Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky and Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT®).
www.zotefoams.com
AZOTE®, ZOTEK®, T-FIT® are registered trademarks of Zotefoams plc
MuCell® is a registered trademark of Trexel Inc.
ZOTEFOAMS PLC
DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||||
a) | Name: David Stirling | ||||||
2. | Reason for the notification | ||||||
a) | Position/status: Group CEO | ||||||
b) | Initial notification/Amendment: Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name: Zotefoams plc | ||||||
b) | LEI: 213800B6P256B5XN8D32 | ||||||
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: Ordinary shares of 5 pence each Identification code: GB0009896605 | ||||||
b) | Nature of the transaction: Award of matching shares under the share incentive plan | ||||||
c) | Price(s) and volume(s):
| ||||||
d) | Aggregated information:
| ||||||
e) | Date of the transaction: 2018-02-12 | ||||||
f) | Place of the transaction: Outside a trading venue | ||||||
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: Ordinary shares of 5 pence each Identification code: GB0009896605 | ||||||
b) | Nature of the transaction: Purchase of partnership shares under the share incentive plan | ||||||
c) | Price(s) and volume(s):
| ||||||
d) | Aggregated information:
| ||||||
e) | Date of the transaction: 2018-02-12; 11:28:45 | ||||||
f) | Place of the transaction: XLON / BATE / CHIX / TRQX |
ZOTEFOAMS PLC
DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||||
a) | Name: Gary McGrath | ||||||
2. | Reason for the notification | ||||||
a) | Position/status: Group CFO | ||||||
b) | Initial notification/Amendment: Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name: Zotefoams plc | ||||||
b) | LEI: 213800B6P256B5XN8D32 | ||||||
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: Ordinary shares of 5 pence each Identification code: GB0009896605 | ||||||
b) | Nature of the transaction: Award of matching shares under the share incentive plan | ||||||
c) | Price(s) and volume(s):
| ||||||
d) | Aggregated information:
| ||||||
e) | Date of the transaction: 2018-02-12 | ||||||
f) | Place of the transaction: Outside a trading venue | ||||||
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: Ordinary shares of 5 pence each Identification code: GB0009896605 | ||||||
b) | Nature of the transaction: Purchase of partnership shares under the share incentive plan | ||||||
c) | Price(s) and volume(s):
| ||||||
d) | Aggregated information:
| ||||||
e) | Date of the transaction: 2018-02-12; 11:28:45 | ||||||
f) | Place of the transaction: XLON / BATE / CHIX / TRQX |