Scapa Group PLC Director/PDMR Shareholding (2488Q)

TIDMSCPA

RNS Number : 2488Q

Scapa Group PLC

08 September 2017

SCAPA GROUP PLC

PDMR Notification

8 September 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, announces that it was notified on 6 September 2017 of the exercise and subsequent sale of certain options under the 2011 Performance Share Plans ('PSP') by PDMRs of the Company, as set out below.

In addition, the Company announces that it has issued 104,727 new ordinary shares of 5 pence each in the capital of the Company ('Ordinary Shares') pursuant to the exercise of options under the 2011 Performance Share Plans ('PSP') by PDMRs of the Company. The Shares have been admitted to trading on AIM in accordance with the Company's block listing.

The Company advises that, following the issue of the new Ordinary Shares pursuant to the exercise of options under the PSP, the Company's issued share capital is 153,422,089. No Ordinary Shares are held in treasury. As such, the number of Ordinary Shares with voting rights is 153,422,089. This figure may be used by shareholders as their 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.

This announcement, including the notifications 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                            Clare Taylor 
---  ------------------------------  -------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position / status               Group HR Director 
---  ------------------------------  -------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
---  ------------------------------  -------------------------- 
 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        Ordinary Shares of 5p 
       instrument,                     each 
       type of instrument 
---  ------------------------------  -------------------------- 
      Identification Code             GB0007281198 
---  ------------------------------  -------------------------- 
 b)   Nature of the transaction       Exercise of share option 
                                       and sale of shares 
---  ------------------------------  -------------------------- 
 c)   Price(s) and volume(s)          Exercise of share option: 
                                       104,727 shares for nil 
                                       consideration 
                                       Sale of 104,727 shares 
                                       at 450.00p per share. 
---  ------------------------------  -------------------------- 
 d)        Aggregated information                 n/a 
             *    Aggregated volume 
 
 
             *    Price 
---  ------------------------------  -------------------------- 
 e)   Date of the transaction         6 September 2017 
---  ------------------------------  -------------------------- 
 f)   Place of the transaction        London 
---  ------------------------------  -------------------------- 
 

For further information:

Scapa Group plc:

Graham Hardcastle [phone]

Group Finance Director/Company Secretary

Numis Securities Limited: [phone]

Mark Lander/ Richard Thomas

(Joint Broker/Nominated Adviser)

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUWORRBRAKRAR

(END) Dow Jones Newswires

September 08, 2017 06:31 ET (10:31 GMT)