7th Dec 2017 15:52
SCAPA GROUP PLC
PDMR Notification
7 December 2017
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')
Scapa Group plc (AIM: SCPA), a global supplier of bonding solutions and manufacturer of adhesive-based products for the Healthcare and Industrial markets, today announces that on 30 November 2017, the PDMR named below was granted an option to acquire the number of ordinary shares of 5 pence each ('Ordinary Shares') in the capital of Scapa Group plc set out opposite her name under the terms of the Scapa Group plc 2011 Performance Share Plan ('PSP') at nil cost per Ordinary Share.
Name / Position of PDMR | Number of Ordinary Shares over which the option is held |
Wendy Baker - Group General Counsel and Company Secretary | 31,645 |
In accordance with the rules of the PSP, no consideration was paid by the above named individual for the option granted to her. Each option is subject to, and governed by, the rules of the PSP and the legislation relating to the PSP.
This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.
ANNEX
1 | Details of the person discharging managerial responsibilities / person closely associated
| |
a) | Name | Wendy Baker
|
2 | Reason for the notification
| |
a) | Position / status | Group General Counsel and Company Secretary
|
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 transaction | Grant of share option
|
c) | Price(s) and volume(s)
| 31,645 Ordinary Shares Exercise price 0p |
d) | Aggregated information - Aggregated volume - Price |
n/a |
e) | Date of the transaction
| 30 November 2017 |
f) | Place of the transaction
| London |
For further information:
Scapa Group plc:
Heejae Chae +44 (0) 161 301 7400
Group Chief Executive Officer
Numis Securities Limited: +44 (0) 20 7260 1000
Mark Lander
Richard Thomas (Nominated Adviser)
Related Shares:
SCPA.L