12th Jun 2019 13:16
12 June 2019
LEI No. 213800QIPVTK5ES5UU36
SCAPA GROUP PLC
('the Company')
Director/PDMR Shareholding
Notification and public disclosure of transactions by person discharging managerial responsibilities ('PDMR')
Scapa Group plc (AIM: SCPA) (the 'Company') announces that it was notified on 11 and 12 June 2019 that the following Directors of the Company purchased a total of 135,000 Ordinary shares in the Company at prices varying between 180.0 pence per share and 183.8 pence per share. The following table shows the number of shares purchased by each Director, along with their resultant holdings:-
Director/Person CloselyAssociated | No. of Ordinary Shares held prior to Purchase | No. of Ordinary Shares Purchased | No. of Ordinary Shares held following Purchase | Percentage of Issued Share Capital following Purchase |
Heejae Chae Group Chief Executive | 871,767 | 109,700 | 981,467 | 0.6326% |
Larry Pentz Chairman | 10,000 | 17,000 | 27,000 | 0.0174% |
Oskar Zahn Chief Financial Officer | 1,000 | 8,300 | 9,300 | 0.0059% |
Mr Chae also has a beneficial interest in respect of 1,645,766 (1.06%) Ordinary shares, under the Scapa Group plc 2015 Value Creation Plan. These shares have vested but will not be released until March 2020 pursuant to the Plan rules.
In addition, Edward Baker (Person Closely Associated with Wendy Baker, Group General Counsel and Company Secretary and a PDMR of the Company) purchased a total of 10,908 Ordinary shares in the Company at 180.3 pence per share and 183.6 pence per share.
The notifications set out in the Annex below, which were made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provide further details of such purchases.
ANNEX
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Heejae Chae
|
2 | Reason for the notification
| |
a) | Position / status | Group Chief Executive
|
b) | Initial notification / amendment | Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a) | Name | Scapa Group plc
|
b) | LEI
| 213800QIPVTK5ES5UU36 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
| |
a) | Description of financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification Code
| GB0007281198 |
b) | Nature of the transactions | Purchase of Shares
|
c) | Price(s) and volume(s)
| 109,700 at 183.8 pence per share |
d) | Aggregated information - Aggregated volume - Price |
n/a |
e) | Date of the transactions
| 12 June 2019 |
f) | Place of the transactions
| London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Larry Pentz
|
2 | Reason for the notification
| |
a) | Position / status | Chairman
|
b) | Initial notification / amendment | Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a) | Name | Scapa Group plc
|
b) | LEI
| 213800QIPVTK5ES5UU36 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
| |
a) | Description of financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification Code
| GB0007281198 |
b) | Nature of the transactions | Purchase of Shares
|
c) | Price(s) and volume(s)
| 17,000 at 182.4 pence per share |
d) | Aggregated information - Aggregated volume - Price |
n/a |
e) | Date of the transactions
| 11 June 2019 |
f) | Place of the transactions
| London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Oskar Zahn
|
2 | Reason for the notification
| |
a) | Position / status | Chief Financial Officer
|
b) | Initial notification / amendment | Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a) | Name | Scapa Group plc
|
b) | LEI
| 213800QIPVTK5ES5UU36 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
| |
a) | Description of financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification Code
| GB0007281198 |
b) | Nature of the transactions | Purchase of Shares
|
c) | Price(s) and volume(s)
| 8,300 at 180.0 pence per share |
d) | Aggregated information - Aggregated volume - Price |
n/a |
e) | Date of the transactions
| 11 June 2019 |
f) | Place of the transactions
| London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Edward Baker
|
2 | Reason for the notification
| |
a) | Position / status | Person Closely Associated
|
b) | Initial notification / amendment | Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a) | Name | Scapa Group plc
|
b) | LEI
| 213800QIPVTK5ES5UU36 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
| |
a) | Description of financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification Code
| GB0007281198 |
b) | Nature of the transactions | Purchase of Shares
|
c) | Price(s) and volume(s)
| 9,251 at 183.6 pence per share 1,657 at 180.3 pence per share |
d) | Aggregated information - Aggregated volume - Price |
n/a |
e) | Date of the transactions
| 11 June 2019 |
f) | Place of the transactions
| London Stock Exchange, AIM |
For further information:
Scapa Group plc:
Wendy Baker +44 (0) 161 301 7400
Company Secretary
Numis Securities Limited: +44 (0) 20 7260 1000
Mark Lander/ Richard Thomas
(Joint Broker/Nominated Adviser)
Related Shares:
SCPA.L