Last checked at 31 Mar 2011 15:04
Thursday, 31 March 2011
ZOTEFOAMS PLC
Director's Dealings
As announced on 23 March 2011 the Executive Directors became beneficially interested in the following existing ordinary shares of 5 pence each in Zotefoams plc ("Ordinary Shares") on 20 March 2011:
Director | No. of Ordinary Shares |
D B Stirling | 64,065 |
CG Hurst | 41,765 |
In addition, and in order to satisfy certain tax liabilities pursuant to these shares, the Executive Directors have sold a total of 49,000 existing Ordinary Shares at a price of 149.25 pence per existing Ordinary Share (the "Disposal") as set out below:
Director | Ordinary Shares sold | Total holding following the Disposal (including Placing Shares)* | Percentage of the enlarged share capital immediately following Admission* |
DB Stirling | 32,000 | 186,935 | 0.47 |
CG Hurst | 17,000 | 157,904 | 0.40 |
Of the 186,935 Ordinary Shares held by Mr Stirling, 64,065 Ordinary Shares are held within the Zotefoams Employee Benefit Trust. All 157,904 Ordinary Shares are held directly by Mr Hurst.
* Admission refers to the admission of 1,534,219 new Ordinary Shares (the "Placing Shares") to listing on the Official List of the Financial Services Authority and to trading on the London Stock Exchange's main market for listed securities pursuant to the placing announced earlier today.
Enquiries: | |
Zotefoams plc | 020 8664 1600 |
David Stirling, Managing Director | |
Clifford Hurst, Finance Director | |
Financial Dynamics Limited | 020 7831 3113 |
Ben Brewerton, John Dineen |