30th Sep 2025 16:25
Zotefoams plc
(the 'Company')
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs
30 September 2025 - The Company has been informed that its Group CFO and PDMR, Mr G C McGrath, acquired on 29 September 2025, 20,154 ordinary shares in the Company on the vesting of a nil-cost award granted to him in September 2020 under the Company's Long Term Incentive Plan (the 2020 LTIP Award) and that Mr McGrath has (i) sold 10,376 of the vested shares at a price of £4.029 each to satisfy the tax liability which arose on the vesting; and (ii) has retained the remaining 11,655 shares.
Vesting of the 2020 LTIP Award was subject to the satisfaction of performance targets over a performance period and to a 2-year holding period post the third anniversary of the grant (cumulatively a 5-year Restricted Period). In accordance with the rules governing the 2020 LTIP Award, the volume of Company shares vesting under the 2020 LTIP Award also takes account of the dividends which would have been paid on them during the Restricted Period.
The Notification of Dealing Form can be found below.
This announcement is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
Andrew Money
Group Company Secretary
Zotefoams plc
020 8664 1600
About Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world leader in supercritical fluid foam technology, delivering optimal material solutions for the benefit of society. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE® and ZOTEK® high-performance foams, Zotefoams sells to diverse markets worldwide across three market verticals, Consumer & Lifestyle, Transport & Smart Technologies, and Construction & Other Industrial. Zotefoams uses its own materials to manufacture T-FIT® advanced insulation for demanding industrial markets.
Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky, USA and Brzeg, Poland (foam manufacture), and foam products conversion in Oklahoma, USA and Jiangsu Province, China (T-FIT).
www.zotefoams.com
AZOTE®, ZOTEK® and T-FIT® are registered trademarks of Zotefoams plc.
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: Gary Christopher McGrath | ||||||
2. | Reason for the notification | ||||||
a) | Position/status: Group CFO | ||||||
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: Acquisition of shares on vesting of a nil-cost award under the Company's Long-Term Incentive Plan. | ||||||
c) | Price(s) and volume(s):
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d) | Aggregated information:
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e) | Date of the transaction: 29 September 2025 | ||||||
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: Sale of shares to satisfy tax liability on vesting under the Company's Long-Term Incentive Plan | ||||||
c) | Price(s) and volume(s):
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d) | Aggregated information:
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e) | Date of the transaction: 29 September 2025 | ||||||
f) | Place of the transaction: XLON |
Related Shares:
Zotefoams Plc