Scapa Group PLC Director/PDMR Shareholding (0783R)

TIDMSCPA

RNS Number : 0783R

Scapa Group PLC

25 June 2020

25 June 2020

LEI No. 213800QIPVTK5ES5UU36

SCAPA GROUP PLC

('the Company')

Director/PDMR Shareholding

N otification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR')

Scapa Group plc (AIM: SCPA) announces that it was notified on 24 June 2020 that Mr Heejae Chae, Group Chief Executive of the Company, purchased 19,899 Ordinary shares in the Company on 24 June 2020 at a price of 100.0 pence per share. Mr Chae's beneficial holding in the Company following the purchase is as follows:

 
 Director/Person       No. of Ordinary     No. of Ordinary       No. of Ordinary       Percentage 
  Closely                  Shares held    Shares Purchased           Shares held        of Issued 
  Associated         prior to Purchase                        following Purchase    Share Capital 
                                                                                        following 
                                                                                         Purchase 
 Heejae Chae                 1,124,324              19,899             1,144,223            0.61% 
                   -------------------  ------------------  --------------------  --------------- 
 

Mr Chae also has a beneficial interest in respect of 1,645,766 (1.06%) Ordinary Shares, under the Scapa Group plc 2015 Value Creation Plan and 152,613 Ordinary Shares (0.10%) under the Scapa Group plc 2011 Performance Share Plan. These shares have vested and will be released to Mr Chae upon exercise pursuant to the respective plan rules.

The notification below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further detail.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                   Heejae Chae 
     -------------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position / status                      Group Chief Executive 
     -------------------------------------  -------------------------------------- 
 b)   Initial notification / amendment       Initial notification 
     -------------------------------------  -------------------------------------- 
 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 instrument,   Ordinary Shares of 5p each 
       type of instrument 
     -------------------------------------  -------------------------------------- 
      Identification Code                    GB0007281198 
     -------------------------------------  -------------------------------------- 
 b)   Nature of the transaction              Purchase of shares 
     -------------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)                 Purchase of 19,899 shares at 100p 
                                              per share 
     -------------------------------------  -------------------------------------- 
 d)        Aggregated information            Volume: 19,899 ordinary shares of 
             *    Aggregated volume           5p each, purchase price of 100 pence 
                                              per share 
                                              Aggregated: GBP19,899 
             *    Price 
     -------------------------------------  -------------------------------------- 
 e)   Date of the transaction                24 June 2020 
     -------------------------------------  -------------------------------------- 
 f)   Place of the transaction               London Stock Exchange, AIM 
     -------------------------------------  -------------------------------------- 
 

For further information:

 
 Scapa Group plc: 
  Wendy Baker 
  Company Secretary                    [phone] 
 
 Numis Securities Limited: 
  Mark Lander/ Freddie Barnfield 
  / Duncan Monteith 
  (Joint Broker/Nominated Adviser)    [phone] 
 

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END

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June 25, 2020 05:20 ET (09:20 GMT)