14 Apr 2020 14:41
Zotefoams plc
(the 'Company')
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs
On 8 April 2020, the Company received notice from its Employee Benefit Trust of the exercise of awards granted under the Deferred Bonus Share Plan ("DBSP") by Mr K D Hewson as follows:
PDMR | Number of awards exercised | Number of awards sold for tax | Price per share
| Balance of shares retained |
K D Hewson | 5,819 | 2,741 | 1.93 | 3,078 |
Awards granted under the DBSP vest three years from grant, subject to satisfaction of service conditions. The awards were increased to reflect the dividends paid during the restricted period in accordance with the rules of the Plan.
The Notification of Dealing Form for Mr K D Hewson can be found below.
This notification is made in accordance with the Market Abuse Regulation.
Lydia Harratt
Group Company Secretary
Zotefoams plc
020 8664 1600
14 April 2020
About Zotefoams plc:
About Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE® polyolefin and ZOTEK® high-performance foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT® advanced insulation for demanding industrial markets. In addition, Zotefoams owns and licenses patented microcellular foam technology, developed specifically for extrusion applications, from a base in Massachusetts, USA to customers worldwide.
Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky and Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT®). A third foam-manufacturing site, in Poland, is planned to begin operations in 2020.
AZOTE®, ZOTEK®, T-FIT®, ReZorce® are registered trademarks of Zotefoams plc
www.zotefoams.com
ZOTEFOAMS PLC
DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||||
a) | Name: Karl David Hewson | ||||||
2. | Reason for the notification | ||||||
a) | Position/status: Senior Executive | ||||||
b) | Initial notification/Amendment: Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name: Zotefoams plc | ||||||
b) | LEI: 213800B6P256B5XN8D32 | ||||||
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 | ||||||
a) | Description of the financial instrument, type of instrument: Ordinary shares of 5 pence each Identification code: GB0009896605 | ||||||
b) | Nature of the transaction: Exercise and retention under the Deferred Bonus Share Plan | ||||||
c) | Price(s) and volume(s):
| ||||||
d) | Aggregated information:
| ||||||
e) | Date of the transaction: 8 April 2020 | ||||||
f) | Place of the transaction: XLON | ||||||
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 | ||||||
a) | Description of the financial instrument, type of instrument: Ordinary shares of 5 pence each Identification code: GB0009896605 | ||||||
b) | Nature of the transaction: Exercise and sale for tax under the Deferred Bonus Share Plan | ||||||
c) | Price(s) and volume(s):
| ||||||
d) | Aggregated information:
| ||||||
e) | Date of the transaction: 8 April 2020 | ||||||
f) | Place of the transaction: XLON |
Zotefoams (ZTF)