Plastics Capital PLC Director/PDMR Shareholding (5970J)

TIDMPLA

RNS Number : 5970J

Plastics Capital PLC

05 December 2018

Plastics Capital plc

(the "Company" or the "Group")

Director/PDMR Dealing

The Company announces that BW Family Ltd, a trust set up for the benefit of Keith Butler Wheelhouse and his family, and which is considered to be a person closely associated with Mr Butler-Wheelhouse, Non-Executive Director, purchased 25,000 ordinary shares of 1p each at a price of 108p per share on 4 December 2018. Following this transaction, Mr Butler-Wheelhouse has a total beneficial interest in 369,798 ordinary shares in the Company.

following dealings in ordinary shares of 1p each by Keith Butler-Wheelhouse, Non-Executive Director, and his wife in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                    BW Family Ltd 
     ---------------------  -------------------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------- 
 a)   Position/status        Trust set up for the benefit of Keith Butler 
                              Wheelhouse and his family, and which is considered 
                              to be a person closely associated with Mr Butler-Wheelhouse, 
                              Non-Executive Director of Plastics Capital plc 
     ---------------------  -------------------------------------------------------------- 
 b)   Initial notification   Initial 
       /Amendment 
     ---------------------  -------------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------- 
 a)   Name                   Plastics Capital plc 
     ---------------------  -------------------------------------------------------------- 
 b)   LEI 
                              213800EN5TUVOZKU6W30 
     ---------------------  -------------------------------------------------------------- 
 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        Ordinary shares of 1p each 
       instrument, 
       type of instrument      ISIN: GB00B289KK20 
       Identification 
       code 
     ---------------------  -------------------------------------------------------------- 
 b)   Nature of the          Purchase of ordinary shares of 1p each 
       transaction 
     ---------------------  -------------------------------------------------------------- 
 c)   Price(s) and             Price(s)              Volume(s) 
       volume(s)                     108 pence per 
                                      share           25,000 
                                                     ---------- 
     ---------------------  -------------------------------------------------------------- 
 d)   Aggregated 
       information             N/A - single transaction 
       - Aggregated 
       volume 
 
       - Price 
     ---------------------  -------------------------------------------------------------- 
 e)   Date of the            4 December 2018 
       transactions 
     ---------------------  -------------------------------------------------------------- 
 f)   Place of the           London Stock Exchange 
       transactions 
     ---------------------  -------------------------------------------------------------- 
 
 
 Plastics Capital plc       Tel: [phone] 
 Faisal Rahmatallah, 
  Chairman 
 Nick Ball, Finance 
  Director 
 
 Cenkos Securities          Tel: [phone] 
 (Nomad and joint broker) 
  Mark Connelly 
  Callum Davidson 
 
 Allenby Capital Limited    Tel: [phone] 
 (Joint broker) 
  David Hart 
 
 

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 six UK based factories, with a further two factories in Asia and one in the USA. Approximately 50% of its GBP77 million sales are made outside the UK to more than 80 countries.

Further information can be found on www.plasticscapital.com

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.

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December 05, 2018 13:27 ET (18:27 GMT)