5 Mar 2018 14:43
LEI:213800EHT3TI1KPQQJ56
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 5 March 2018 Calum MacLean, Chief Executive Officer, Synthomer plc (the "Company"), exercised a long term incetive plan award over 223,152 ordinary shares granted in 2015 under the Company's 2011 Performance Share Plan. Mr MacLean has retained 118,270 of the resultant shares and disposed of 104,882 of the resultant shares to satisfy tax liabilities arising on the exercise. Following this award exercise Mr MacLean's shareholding in the Company has increased to 341,487 ordinary shares. The following information is provided in accordance with the Market Abuse regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Calum MacLean
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2
| Reason for the notification
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a)
| Position/status
| Chief Executive | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| Synthomer plc | |||
b)
| LEI
| 213800EHT3TI1KPQQJ56 | |||
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
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a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10p each | |||
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Identification code | GB0009887422 | ||||
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b)
| Nature of the transaction
| Exercise of long term incentive plan award granted in 2015 under the 2011 Performance Share Plan and disposal of sufficient resultant shares to cover tax and NI liability.
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c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| £4.726 | 118,270 (Retained) |
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| £4.726 | 104,882 (Disposed) |
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d)
| Aggregated information |
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- Aggregated volume | Not applicable | ||||
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- Price | Not applicable | ||||
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e)
| Date of the transaction
| 5 March 2018 | |||
f)
| Place of the transaction
| London | |||
Synthomer (SYNT)