Scapa Group PLC Director/PDMR Shareholding (3467X)

TIDMSCPA

RNS Number : 3467X

Scapa Group PLC

23 November 2017

SCAPA GROUP PLC

PDMR Notification

23 November 2017

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')

The Company announces that it has issued 57,182 ordinary 5p shares in the capital of the Company ("Ordinary Shares") following the exercise of options under the Scapa Group plc 2011 Performance Share Plans ("PSP"). The shares have been admitted to trading on AIM. The Company's issued share capital is now 153,564,683. There are no Ordinary Shares held in treasury and accordingly, the number of Ordinary Shares with voting rights is 153,564,683. This figure 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 Guidance and Transparency Rules.

This announcement, including the notification 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                            Troy Asberry 
---  ------------------------------  ------------------------------ 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position / status               Managing Director, Industrial 
---  ------------------------------  ------------------------------ 
 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 transactions      Exercise of share option 
                                       and sale of shares 
---  ------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)          Exercise of share option: 
                                       45,818 shares for nil 
                                       consideration 
                                       Sale of 45,818 shares 
                                       at 468.5838p per share 
                                       Sale of 28,750 shares 
                                       at 468.0383p per share 
---  ------------------------------  ------------------------------ 
 d)        Aggregated information                 n/a 
             *    Aggregated volume 
 
 
             *    Price 
---  ------------------------------  ------------------------------ 
 e)   Date of the transactions        45,818 shares - 21 November 
                                       2017 
                                       28,750 shares - 22 November 
                                       2017 
---  ------------------------------  ------------------------------ 
 f)   Place of the transactions       London 
---  ------------------------------  ------------------------------ 
 

For further information:

Scapa Group plc:

Wendy Baker [phone]

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

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November 23, 2017 04:36 ET (09:36 GMT)