Alumasc Group PLC Director/PDMR Shareholding (4947I)

TIDMALU

RNS Number : 4947I

Alumasc Group PLC

26 November 2018

26 November 2018

The Alumasc Group plc (the "Company")

NOTIFICATION OF TRANSACTION BY A DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY

The Company was notified that, on 23 November 2018, Gilbert Jackson, a person discharging managerial responsibility in the Company ("PDMR"), acquired Ordinary Shares of 12.5 pence each in the Company ("Shares") at nil cost following the vesting on 13 March 2018 of a share award under the Company's Long Term Incentive Plan and sold those Shares at the price shown below, in part to cover the tax and social security due. The Shares acquired were existing Shares in issue held by the Alumasc Group Employee Trust.

 
      PDMR        No. of Shares  No. of Shares  Sale price 
                      vested          sold 
Gilbert Jackson      19,000         19,000       127.37p 
----------------  -------------  -------------  ---------- 
 

The Notification of Dealing Form for the above PDMR can be found below. This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.

 
 --   Details of the person discharging managerial responsibilities 
       / person closely associated 
 --   Name                            Gilbert Jackson 
     ------------------------------  ----------------------------------------------- 
 --   Reason for the notification 
     ------------------------------------------------------------------------------- 
 --   Position/status                 Persons Discharging Managerial responsibility 
     ------------------------------  ----------------------------------------------- 
 --   Initial notification            Initial notification 
       /Amendment 
     ------------------------------  ----------------------------------------------- 
 --   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------- 
 --   Name                            The Alumasc Group plc 
     ------------------------------  ----------------------------------------------- 
 --   LEI                             2138002MV11VKZFJ4359 
     ------------------------------  ----------------------------------------------- 
 --   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 
     ------------------------------------------------------------------------------- 
 --   Description of 
       the                              Ordinary 12.5p shares 
       Financial instrument, 
       type 
       of instrument                    GB0000280353 
       Identification 
       code 
     ------------------------------  ----------------------------------------------- 
 --   Nature of the                   Exercise of nil cost options under The Alumasc 
       transaction                     Group plc Long Term Incentive Plan and sale 
                                       of shares. 
     ------------------------------  ----------------------------------------------- 
 --   Price(s) and                    Exercise of Long Term Incentive Plan awards 
       volume(s)                       (nil cost options) 
                                        PDMR               Price(s)    Volume(s) 
                                        Gilbert Jackson    n/a         19,000 
                                                          ----------  ---------- 
 
 
                                       Sale of shares 
                                        PDMR               Price(s)   Volume(s) 
                                        Gilbert Jackson    127.37p    19,000 
                                                          ---------  ---------- 
     ------------------------------  ----------------------------------------------- 
 --        Aggregated information     Exercise of Long Term Incentive Plan awards 
             *    Aggregated volume    19,000 Ordinary 12.5p shares acquired through 
                                       the exercise of nil cost options 
 
             *    Price                Sale of shares 
                                       19,000 Ordinary 12.5p shares sold at 127.37 
                                       pence per share 
     ------------------------------  ----------------------------------------------- 
 --   Date of the transaction         2018-11-23 
     ------------------------------  ----------------------------------------------- 
 --   Place of the                    London Stock Exchange, Main Market (XLON) 
       transaction 
     ------------------------------  ----------------------------------------------- 
 

Enquiries:

Helen Ashton, Group Company Secretary Designate

The Alumasc Group plc

Station Road, Burton Latimer, Kettering, Northants NN15 5JP

Tel: [phone]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHFEUFFMFASESF

(END) Dow Jones Newswires

November 26, 2018 06:14 ET (11:14 GMT)