Zotefoams PLC Director/PDMR Shareholding (9642W)

TIDMZTF

RNS Number : 9642W

Zotefoams PLC

15 February 2017

15 February 2017

Zotefoams plc

(the 'Company')

Directors' Share Dealings

The Company was notified on 13 February 2017 that on the same day the following Directors became beneficially interested in the number of ordinary shares of 5 pence in the Company set out against their names in the table below under the Zotefoams Share Incentive Plan (the 'SIP'). The shares were purchased on their behalf by the SIP Trustee (Yorkshire Building Society) at a price of GBP2.8153 per share.

The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares ('partnership shares') in the Company, using deductions from salary in each monthly pay period, and receive allocations of matching free ordinary shares ('matching shares'). Dividends received on the shares held in the SIP are used to buy further ordinary shares ('dividend shares') in the Company.

The table below sets out the number of shares purchased and the number of matching shares that were allocated for no consideration.

 
 Director        Number of           No. of matching 
                  partnership         shares allocated 
                  shares purchased 
--------------  ------------------  ------------------ 
 D B Stirling    53                  13 
--------------  ------------------  ------------------ 
 G C McGrath     53                  13 
--------------  ------------------  ------------------ 
 

Following the above-mentioned transactions, Mr Stirling and Mr McGrath are beneficially interested in the following number of shares:

 
 Director        Number of    Percentage 
                  shares(1)    of issued 
                               Share Capital 
--------------  -----------  --------------- 
 D B Stirling    379,908      0.86 
--------------  -----------  --------------- 
 G C McGrath     614          0.00 
--------------  -----------  --------------- 
 

(1) Includes partnership shares, dividend shares and vested matching shares.

The Notification of Dealing Form for each Director can be found below.

This notification is made in accordance with the Market Abuse Regulation.

Enquiries:

James Kindell

Company Secretary

Zotefoams plc

020 8664 1600

About Zotefoams plc:

Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology. Using a unique manufacturing process with environmentally friendly nitrogen expansion, Zotefoams produces and sells lightweight AZOTE(R) polyolefin and ZOTEK(R) high-performance foams for diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT(R) advanced insulation for demanding industrial markets. In addition, Zotefoams owns and licenses patented MuCell(R) microcellular foam technology, developed specifically for extrusion applications, from a base in Massachusetts, USA to customers worldwide.

Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky and Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT(R)).

www.zotefoams.com

AZOTE(R), ZOTEK(R), T-FIT(R) are registered trademarks of Zotefoams plc

MuCell(R) is a registered trademark of Trexel Inc.

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------- 
 a)   Name: David Stirling 
---  -------------------------------------------------- 
 2.   Reason for the notification 
---  -------------------------------------------------- 
 a)   Position/status: Group CEO 
---  -------------------------------------------------- 
 b)   Initial notification/Amendment: Initial 
       notification 
---  -------------------------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------- 
 a)   Name: Zotefoams plc 
---  -------------------------------------------------- 
 b)   LEI: 213800B6P256B5XN8D32 
---  -------------------------------------------------- 
 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 the financial instrument, 
       type of instrument: 
       Ordinary shares of 5 pence each 
       Identification code: GB0009896605 
---  -------------------------------------------------- 
 b)   Nature of the transaction: Award of matching 
       shares under the share incentive plan 
---  -------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)    Volume(s) 
       ----------  ---------- 
        GBP0.00     13 
       ----------  ---------- 
---  -------------------------------------------------- 
 d)   Aggregated information: 
        Aggregate   Aggregate   Aggregate 
         Price       Volume      Total 
       ----------  ----------  ---------- 
        GBP0.00     13          GBP0.00 
       ----------  ----------  ---------- 
---  -------------------------------------------------- 
 e)   Date of the transaction: 2017-02-13 
---  -------------------------------------------------- 
 f)   Place of the transaction: Outside a trading 
       venue 
---  -------------------------------------------------- 
 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 the financial instrument, 
       type of instrument: 
       Ordinary shares of 5 pence each 
       Identification code: GB0009896605 
---  -------------------------------------------------- 
 b)   Nature of the transaction: Purchase of 
       partnership shares under the share incentive 
       plan 
---  -------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)     Volume(s) 
       -----------  ---------- 
        GBP2.8153    53 
       -----------  ---------- 
---  -------------------------------------------------- 
 d)   Aggregated information: 
        Aggregate   Aggregate   Aggregate 
         Price       Volume      Total 
       ----------  ----------  ---------- 
        GBP2.8153   53          GBP149.21 
       ----------  ----------  ---------- 
---  -------------------------------------------------- 
 e)   Date of the transaction: 2017-02-13; 10:57 
       (GMT) 
---  -------------------------------------------------- 
 f)   Place of the transaction: XLON 
---  -------------------------------------------------- 
 

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------- 
 a)   Name: Gary McGrath 
---  -------------------------------------------------- 
 2.   Reason for the notification 
---  -------------------------------------------------- 
 a)   Position/status: Finance Director 
---  -------------------------------------------------- 
 b)   Initial notification/Amendment: Initial 
       notification 
---  -------------------------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------- 
 a)   Name: Zotefoams plc 
---  -------------------------------------------------- 
 b)   LEI: 213800B6P256B5XN8D32 
---  -------------------------------------------------- 
 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 the financial instrument, 
       type of instrument: 
       Ordinary shares of 5 pence each 
       Identification code: GB0009896605 
---  -------------------------------------------------- 
 b)   Nature of the transaction: Award of matching 
       shares under the share incentive plan 
---  -------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)    Volume(s) 
       ----------  ---------- 
        GBP0.00     13 
       ----------  ---------- 
---  -------------------------------------------------- 
 d)   Aggregated information: 
        Aggregate   Aggregate   Aggregate 
         Price       Volume      Total 
       ----------  ----------  ---------- 
        GBP0.00     13          GBP0.00 
       ----------  ----------  ---------- 
---  -------------------------------------------------- 
 e)   Date of the transaction: 2017-02-13 
---  -------------------------------------------------- 
 f)   Place of the transaction: Outside a trading 
       venue 
---  -------------------------------------------------- 
 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 the financial instrument, 
       type of instrument: 
       Ordinary shares of 5 pence each 
       Identification code: GB0009896605 
---  -------------------------------------------------- 
 b)   Nature of the transaction: Purchase of 

       partnership shares under the share incentive 
       plan 
---  -------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)     Volume(s) 
       -----------  ---------- 
        GBP2.8153    53 
       -----------  ---------- 
---  -------------------------------------------------- 
 d)   Aggregated information: 
        Aggregate   Aggregate   Aggregate 
         Price       Volume      Total 
       ----------  ----------  ---------- 
        GBP2.8153   53          GBP149.21 
       ----------  ----------  ---------- 
---  -------------------------------------------------- 
 e)   Date of the transaction: 2017-02-13; 10:57 
       (GMT) 
---  -------------------------------------------------- 
 f)   Place of the transaction: XLON 
---  -------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 15, 2017 05:46 ET (10:46 GMT)