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Share Matching Plan (SMP) Acquisition of Shares

5th Sep 2011 13:44

RNS Number : 6402N
British Polythene Industries PLC
05 September 2011
 



British Polythene Industries PLC

 

5 September 2011

 

British Polythene Industries PLC (the "Company")

 

Share Matching Plan ("SMP") Acquisition of Shares

 

The Company has today been informed that the Trustees of the British Polythene Industries Plc Employees Share Ownership Trust (the "Trust") have acquired, on 2 September 2011, 100,000 Ordinary shares of 25p each in the Company at a price of £3.40 per share. The shares were acquired for use in the SMP. Mr JT Langlands, Mr D Harris, Mr D Duthie, Mr A Green, Mr M Huyghe, Mr D Pendlebury , as Executive Directors and PDMRs of the Company, are beneficiaries of the SMP and as such they have an interest in the shares for the purposes of DTR 3.1.

 

Following the acquisition the Trust owns 811,071 ordinary shares in the Company, representing 3.06% of the total voting rights.

 

Enquiries:

 

Ray Brooksbank, Group Company Secretary 01475 501050

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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