Plastics Capital PLC Director/PDMR Dealing (8319H)

TIDMPLA

RNS Number : 8319H

Plastics Capital PLC

22 August 2016

Plastics Capital plc

(the "Company" or the "Group")

Director/PDMR Dealing

Plastics Capital (AIM: PLA), the niche plastics products group, announces that Faisal Rahmatallah, Chairman of the Company, has been awarded 42,656 ordinary shares of 1p each in the Company to satisfy payment due pursuant to the Company's 2011 Long Term Incentive Plan ("LTIP"), which has now terminated. The shares have been

transferred from the Company's existing employee benefit trust.   Further detail is set out below. 

Director/PDMR notification - Faisal Rahmatallah

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------- 
 a)   Name                       Faisal Rahmatallah 
---  -------------------------  ----------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status            Chairman 
---  -------------------------  ----------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                       Plastics Capital plc 
---  -------------------------  ----------------------------------- 
 b)   LEI                        N/A 
---  -------------------------  ----------------------------------- 
 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             Ordinary shares of 1p each 
       the financial              in the capital of Plastics 
       instrument, type           Capital plc 
       of instrument 
 
       Identification             Company ISIN: GB00B289KK20 
       code 
---  -------------------------  ----------------------------------- 
 b)   Nature of the              Award of ordinary shares 
       transaction                under Company's Long Term 
                                  Incentive Plan. 
---  -------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)       Price(s)              Volume(s) 
                                   --------------------  ---------- 
                                    Transfer for 
                                     nil consideration    42,656 
                                   --------------------  ---------- 
---  -------------------------  ----------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         42,656 
 
                                   GBPNil 
       - Price 
---  -------------------------  ----------------------------------- 
 e)   Date of the transaction    18 August 2016 
---  -------------------------  ----------------------------------- 
 f)   Place of the transaction   London Stock Exchange (AIM) 
---  -------------------------  ----------------------------------- 
 
 
 Plastics Capital          Tel: [phone] 
  plc 
 Faisal Rahmatallah, 
  Chairman 
 Nick Ball, Finance 
  Director 
 
 Cenkos Securities         Tel: [phone] 
 (Nomad and joint 
  broker) 
  Mark Connelly 
  Callum Davidson 
 
 Allenby Capital Limited   Tel: [phone] 
 (Joint broker) 
  David Hart 
 Katrina Perez 
 
 Walbrook PR Ltd           Tel: [phone]/[e-mail] 
 Paul Cornelius            Mob: [phone] 
 Helen Cresswell           Mob: [phone] 
 

Notes to Editor

Plastics Capital is a niche manufacturer of specialist plastic products. Applications for these products vary widely and examples include:

   --     Packaging for the food manufacturing and distribution - films, sacks and pouches 

-- Steering columns and instrument control knobs in the automotive industry - plastic ball bearings

   --     Hydraulic and industrial rubber hose manufacture - various types of plastic mandrel 
   --     Cardboard box manufacture - plastic creasing matrices 

Plastics Capital's business model is based on understanding customers' problems in depth, and then developing and mass producing proprietary, technical solutions for these problems.

The business operates through two divisions, Films and Industrial, and has the majority of its production in five UK based factories, with a further three factories in Asia. Approximately 40% of its GBP55 million sales are made outside the UK to more than 80 countries.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 22, 2016 12:28 ET (16:28 GMT)