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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Polypipe Group Plc | LSE:PLP | London | Ordinary Share | GB00BKRC5K31 | ORD GBP0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 567.00 | 565.00 | 567.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPLP
RNS Number : 6982Q
Polypipe Group PLC
22 June 2020
Polypipe Group plc ('the Company')
Notification of Transactions by Persons Discharging Managerial Responsibilities
The Company announces that on 22 June 2020, an award under the Company's Deferred Share Bonus Plan ("DSBP") was granted over Ordinary Shares of GBP0.001 each ("Shares") as set out in the table below. The award was made in the form of a nil-cost option which is exercisable for 10 years from the date of grant, unless the exercise period is shortened in accordance with the DSBP rules.
1. Name 2. No. of Shares subject to DSBP 3. Exercise dates 4. Lapse Date Martin Payne 7,996 22/06/2022 (50%) 22 June 2030 22/06/2023 (50%) Paul James 4,490 22/06/2022 (50%) 22 June 2030 22/06/2023 (50%) Glen Sabin 4,420 22/06/2022 (50%) 22 June 2030 22/06/2023 (50%)
For further information on the DSBP, please refer to the 2019 Annual Report and Accounts which is available at www.polypipe.com
The notifications below, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated.
1 Details of the person discharging managerial responsibilities / person closely associated a) Name Martin Payne -------------------------- ------------------------------------------- 2 Reason for the notification ----------------------------------------------------------------------- a) Position/status Chief Executive Officer/Director and PDMR -------------------------- ------------------------------------------- b) Initial notification Initial notification /Amendment -------------------------- ------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ----------------------------------------------------------------------- a) Name Polypipe Group plc -------------------------- ------------------------------------------- b) LEI 2138005IF1N2RKJ6KO18 -------------------------- ------------------------------------------- 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 Ordinary Shares ("Shares") of GBP0.001 financial instrument, each in the capital of Polypipe Group type of instrument plc Identification code GB00BKRC5K31 -------------------------- ------------------------------------------- b) Nature of the transaction Grant of an award, structured as a nil cost option, under the Company's Deferred Share Bonus Plan, on 22 June 2020, vesting on 22 June 2022 (50%) and 22 June 2023 (50%), exercisable for 10 years from the date of grant. -------------------------- ------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) Nil 7,996 ---------- -------------------------- ------------------------------------------- d) Aggregated information N/A - Aggregated volume - Price -------------------------- ------------------------------------------- e) Date of the transaction 22 June 2020 -------------------------- ------------------------------------------- f) Place of the transaction Outside a Trading Venue -------------------------- ------------------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Paul James -------------------------- ------------------------------------------- 2 Reason for the notification ----------------------------------------------------------------------- a) Position/status Chief Financial Officer/Director and PDMR -------------------------- ------------------------------------------- b) Initial notification Initial notification /Amendment -------------------------- ------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ----------------------------------------------------------------------- a) Name Polypipe Group plc -------------------------- ------------------------------------------- b) LEI 2138005IF1N2RKJ6KO18 -------------------------- ------------------------------------------- 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 Ordinary Shares ("Shares") of GBP0.001 financial instrument, each in the capital of Polypipe Group type of instrument plc Identification code GB00BKRC5K31 -------------------------- ------------------------------------------- b) Nature of the transaction Grant of an award, structured as a nil cost option, under the Company's Deferred Share Bonus Plan, on 22 June 2020, vesting on 22 June 2022 (50%) and 22 June 2023 (50%), exercisable for 10 years from the date of grant. -------------------------- ------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) Nil 4,490 ---------- -------------------------- ------------------------------------------- d) Aggregated information N/A - Aggregated volume - Price -------------------------- ------------------------------------------- e) Date of the transaction 22 June 2020 -------------------------- ------------------------------------------- f) Place of the transaction Outside a Trading Venue -------------------------- ------------------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Glen Sabin -------------------------- ------------------------------------------- 2 Reason for the notification ----------------------------------------------------------------------- a) Position/status Chief Operating Officer/Director and PDMR -------------------------- ------------------------------------------- b) Initial notification Initial notification /Amendment -------------------------- ------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ----------------------------------------------------------------------- a) Name Polypipe Group plc -------------------------- ------------------------------------------- b) LEI 2138005IF1N2RKJ6KO18 -------------------------- ------------------------------------------- 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 Ordinary Shares ("Shares") of GBP0.001 financial instrument, each in the capital of Polypipe Group type of instrument plc Identification code GB00BKRC5K31 -------------------------- ------------------------------------------- b) Nature of the transaction Grant of an award, structured as a nil cost option, under the Company's Deferred Share Bonus Plan, on 22 June 2020, vesting on 22 June 2022 (50%) and 22 June 2023 (50%), exercisable for 10 years from the date of grant. -------------------------- ------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) Nil 4,420 ---------- -------------------------- ------------------------------------------- d) Aggregated information N/A - Aggregated volume - Price
-------------------------- ------------------------------------------- e) Date of the transaction 22 June 2020 -------------------------- ------------------------------------------- f) Place of the transaction Outside a Trading Venue -------------------------- -------------------------------------------
Contacts:
+44 (0) 1709 770 Emma Versluys, Company Secretary 000
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 rns@lseg.com or visit www.rns.com.
END
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June 22, 2020 11:14 ET (15:14 GMT)
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