21st Sep 2018 12:27
21 September 2018
LEI No. 213800QIPVTK5ES5UU36
SCAPA GROUP PLC
('the Company')
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')
Scapa Group plc (AIM: SCPA) announces that it has issued 390,518 ordinary 5p shares in the capital of the Company ("Ordinary Shares") following the exercise of options under the Scapa Group plc 2011 Performance Share Plans ("PSP"). The shares have been admitted to trading on AIM. The Company's issued share capital is now 154,355,961. There are no Ordinary Shares held in treasury and accordingly, the number of Ordinary Shares with voting rights is 154,355,961. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with the rules of the PSP, no consideration was paid by the individuals for the option exercised by him/her. Each option is subject to, and governed by, the rules of the PSP and the legislation relating to the PSP.
The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such exercise and sale.
ANNEX
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Joseph Davin
|
2 | Reason for the notification
| |
a) | Position / status | President, Healthcare
|
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 | Exercise of share option and sale of shares
|
c) | Price(s) and volume(s)
| Exercise of share option: 83,358 shares for nil consideration Sale of 83,358 shares at 454p per share
|
d) | Aggregated information - Aggregated volume - Price |
n/a |
e) | Date of the transactions
| 20 September 2018 |
f) | Place of the transactions
| London |
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Sayoung Jung
|
2 | Reason for the notification
| |
a) | Position / status | MD, Global Corporate Development & Strategy
|
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 | Exercise of share option and sale of shares
|
c) | Price(s) and volume(s)
| Exercise of share option: 62,049 shares for nil consideration Sale of 62,049 shares at 454p per share
|
d) | Aggregated information - Aggregated volume - Price |
n/a |
e) | Date of the transactions
| 20 September 2018 |
f) | Place of the transactions
| London |
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Troy Asberry Jr
|
2 | Reason for the notification
| |
a) | Position / status | Managing Director, Industrial
|
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 | Exercise of share option and sale of shares
|
c) | Price(s) and volume(s)
| Exercise of share option: 27,445 shares for nil consideration Sale of 27,445 shares at 454p per share
|
d) | Aggregated information - Aggregated volume - Price |
n/a |
e) | Date of the transactions
| 20 September 2018 |
f) | Place of the transactions
| London |
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