13 May 2016 11:43
13 May 2016
Zotefoams plc
(the 'Company')
Directors' Share Dealings
The Company was notified on 13 May 2016 that on 11 May 2016 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 £2.89 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 in the Company, using deductions from salary in each monthly pay period, and receive allocations of matching free ordinary shares ('matching shares').
The table below sets out the number of shares purchased and the number of matching shares that were allocated for no consideration.
Director | No. of shares purchased
| No. of matching shares allocated
|
D B Stirling
| 52 | 13 |
C G Hurst
| 52 | 13 |
G C McGrath
| 52 | 13 |
This disclosure has been made for the purposes of DTR 3.1.4.
Enquiries:
Sara Hollowell
Interim Company Secretary
Zotefoams plc
020 8664 1600
Zotefoams (ZTF)