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26 Apr 2016 12:51
Polypipe Group plc ('the Company')
Notification of Transaction by Persons Discharging Managerial Responsibilities
Pursuant to the notification obligations under Disclosure and Transparency Rule 3.1.4R, the Company hereby notifies the following change in the interests of directors and persons discharging managerial responsibility ("PDMRs") in Ordinary Shares of £0.001 each in the Company ("Shares") on 26 April 2016.
Deferred Share Bonus Plan (DSBP)
On 26 April 2016, an award under the Company's DSBP was granted over Shares as set out in the table below. The award was made in the form of a nil-cost option which is exercisable for 10 years from the date of grant, unless the exercise period is shortened in accordance with the DSBP rules.
For further information on the DSBP, please refer to the prospectus published on 11 April 2014.
1. Name | 2. Status | 3. No. of Shares subject to DSBP | 4. Lapse Date | 5. Market value of shares awarded |
David Hall | PDMR | 31,174 | 26 April 2026 | £92,899 |
Peter Shepherd | PDMR | 16,128 | 26 April 2026 | £48,060 |
Contacts:
Polypipe Group plc Peter Shepherd, Chief Financial Officer +44 (0) 1709 770 000
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PLP.L (PLP)
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