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PLA Plastics Cap.

112.00
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Plastics Cap. LSE:PLA London Ordinary Share GB00B289KK20 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 112.00 110.00 114.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Plastics Capital PLC Issue of Equity and Directors' Shareholdings (0988J)

06/09/2016 12:16pm

UK Regulatory


Plastics Capital (LSE:PLA)
Historical Stock Chart


From May 2019 to May 2024

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TIDMPLA

RNS Number : 0988J

Plastics Capital PLC

06 September 2016

Plastics Capital plc

(the "Company" or the "Group")

Issue of Equity and Directors' Shareholdings

Further to the Company's announcement on 25 August 2016, Plastics Capital (AIM: PLA), the niche plastics products group, announces that it has allotted 296,450 new ordinary shares of 1p each in the Company ("New Shares") to those shareholders who elected to receive the Scrip Dividend Alternative. The New Shares are expected to be admitted to AIM on 7 September 2016 ("Admission").

The following Directors have been allocated New Shares in the following amounts:

 
 Director                         New Shares     Resultant    Resultant 
                                   acquired       holding      holding 
                                   pursuant       following    (% of enlarged 
                                   to Scrip       Admission    issued 
                                   Dividend                    share capital 
                                   Alternative                 following 
                                                               Admission) 
 Faisal Rahmatallah 
  (Chairman)                      35,516         2,754,067    7.73% 
                                 -------------  -----------  ---------------- 
 Nick Ball (Group Finance 
  Director)                       5,570          207,371      0.58% 
                                 -------------  -----------  ---------------- 
 Richard Vessey (Non-Executive 
  Director)                       68,313         2,542,920    7.13% 
                                 -------------  -----------  ---------------- 
 Andrew Walker (Non-Executive 
  Director)                       6,074          226,166      0.63% 
                                 -------------  -----------  ---------------- 
 

Following Admission, the Company will have 35,641,023 ordinary shares in issue admitted to trading on AIM. Following Admission, the above figure (35,641,023) 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 and Transparency Rules.

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated with them:

 
 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              Scrip dividend 
       transaction 
     -------------------------  ---------------------------- 
 c)   Price(s) and volume(s)       Price(s)      Volume(s) 
                                    106.5p per 
                                     share        35,516 
                                                 ---------- 
     -------------------------  ---------------------------- 
 d)   Aggregated information 
       - Aggregated volume 
                                   N/A 
       - Price 
                                   Single transaction 
     -------------------------  ---------------------------- 
 e)   Date of the transaction    5 September 2016 
     -------------------------  ---------------------------- 
 f)   Place of the transaction   London Stock Exchange (AIM) 
     -------------------------  ---------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                       Nick Ball 
     -------------------------  ---------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------- 
 a)   Position/status            Group Finance Director 
     -------------------------  ---------------------------- 
 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              Scrip dividend 
       transaction 
     -------------------------  ---------------------------- 
 c)   Price(s) and volume(s)       Price(s)      Volume(s) 
                                    106.5p per 
                                     share        5,570 
                                                 ---------- 
     -------------------------  ---------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         N/A 
 
       - Price                     Single transaction 
     -------------------------  ---------------------------- 
 e)   Date of the transaction    5 September 2016 
     -------------------------  ---------------------------- 
 f)   Place of the transaction   London Stock Exchange (AIM) 
     -------------------------  ---------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                       Richard Vessey 
     -------------------------  ---------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------- 
 a)   Position/status            Non-Executive Director 
     -------------------------  ---------------------------- 
 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              Scrip dividend 
       transaction 
     -------------------------  ---------------------------- 
 c)   Price(s) and volume(s)       Price(s)      Volume(s) 
                                    106.5p per 
                                     share        68,313 
                                                 ---------- 
     -------------------------  ---------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         N/A 
 
       - Price                     Single transaction 
     -------------------------  ---------------------------- 
 e)   Date of the transaction    5 September 2016 
     -------------------------  ---------------------------- 
 f)   Place of the transaction   London Stock Exchange (AIM) 
     -------------------------  ---------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                       Andrew Walker 
     -------------------------  ---------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------- 
 a)   Position/status            Non-Executive Director 
     -------------------------  ---------------------------- 
 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              Scrip dividend 
       transaction 
     -------------------------  ---------------------------- 
 c)   Price(s) and volume(s)       Price(s)      Volume(s) 
                                    106.5p per 
                                     share        6,074 
                                                 ---------- 
     -------------------------  ---------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         N/A 
 
       - Price                     Single transaction 
     -------------------------  ---------------------------- 
 e)   Date of the transaction    5 September 2016 
     -------------------------  ---------------------------- 
 f)   Place of the transaction   London Stock Exchange (AIM) 
     -------------------------  ---------------------------- 
 
 
 Plastics Capital          Tel: 020 7978 0574 
  plc 
 Faisal Rahmatallah, 
  Chairman 
 Nick Ball, Finance 
  Director 
 
 Cenkos Securities         Tel: 020 7397 8900 
 (Nomad and joint 
  broker) 
  Mark Connelly 
  Callum Davidson 
 
 Allenby Capital Limited   Tel: 020 3328 5656 
  (Joint broker) 
 David Hart 
 Katrina Perez 
 
 Walbrook PR Ltd           Tel: 020 7933 8780/plastics@walbrookpr.com 
 Paul Cornelius            Mob: 07866 384 707 
 Helen Cresswell           Mob: 07841 917 679 
 

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

MSCLLFLLAFIRIIR

(END) Dow Jones Newswires

September 06, 2016 07:16 ET (11:16 GMT)

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