Sign In
Last checked at 
23 Mar 2016 17:09
Zotefoams plc (the 'Company')
Directors' Shareholdings
On 19 March 2016, the Executive Directors listed below became absolutely entitled to Ordinary Shares of 5p ('Shares') each in the capital of the Company, as a result of awards vesting under the Zotefoams 2007 Long Term Incentive Plan ('LTIP') and 2012 Deferred Bonus Share Plan ('DBSP').
Awards granted under the LTIP vest subject to the satisfaction of performance targets at the end of a three year period. The level of vesting for awards granted in 2013 was 50.0%, which was then increased to reflect the dividends paid during the performance period.
Awards granted under the DBSP vest three years after being granted subject to the satisfaction of service conditions. The awards were increased to reflect the dividends paid during the restricted period.
Director
| No. of LTIP Shares released to Director | No. of DBSP Shares released to Director | No. of Shares sold for cash and tax liability | No. of Shares sold to meet tax liability only | Sale price (£) | Balance of Shares retained by Director |
DB Stirling
| 25,304 | 22,197 | 22,371 | £2.711511 | 25,130 | |
CG Hurst
| 17,574 | 15,416 | All sold | £2.711511 | nil |
Following the above-mentioned transactions, which took place on 21 and 22 March 2016, Mr Stirling and Mr Hurst are beneficially interested in the following number of Shares:
Director | Number of Shares | Percentage of issued Share Capital |
DB Stirling
| 379,289 | 0.85 |
CG Hurst | 343,898
| 0.77 |
Enquiries:
Sara Hollowell
Interim Company Secretary
Zotefoams plc
23 March 2016
Follow the stocks
