Synthomer PLC Director/PDMR Shareholding (7273G)

TIDMSYNT

RNS Number : 7273G

Synthomer PLC

05 March 2018

LEI:213800EHT3TI1KPQQJ56

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

On 5 March 2018 Calum MacLean, Chief Executive Officer, Synthomer plc (the "Company"), exercised a long term incetive plan award over 223,152 ordinary shares granted in 2015 under the Company's 2011 Performance Share Plan. Mr MacLean has retained 118,270 of the resultant shares and disposed of 104,882 of the resultant shares to satisfy tax liabilities arising on the exercise. Following this award exercise Mr MacLean's shareholding in the Company has increased to 341,487 ordinary shares. The following information is provided in accordance with the Market Abuse regulation.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------- 
 a)   Name                       Calum MacLean 
---  -------------------------  -------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status            Chief Executive 
---  -------------------------  -------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------- 
 a)   Name                       Synthomer plc 
---  -------------------------  -------------------------------------- 
 b)   LEI                        213800EHT3TI1KPQQJ56 
---  -------------------------  -------------------------------------- 
 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             Ordinary shares of 10p each 
       the financial 
       instrument, type 
       of instrument 
--- 
 
      Identification             GB0009887422 
       code 
 
 b)   Nature of the              Exercise of long term incentive 
       transaction                plan award granted in 2015 
                                  under the 2011 Performance 
                                  Share Plan and disposal of 
                                  sufficient resultant shares 
                                  to cover tax and NI liability. 
---  -------------------------  -------------------------------------- 
 c)   Price(s) and volume(s) 
---                               -----------  --------------------- 
                                   Price(s)     Volume(s) 
---                               -----------  --------------------- 
                                   GBP4.726     118,270 (Retained) 
                                  -----------  --------------------- 
                                   GBP4.726     104,882 (Disposed) 
                                  -----------  --------------------- 
 
 d)   Aggregated information 
--- 
 
      - Aggregated volume        Not applicable 
 
      - Price                    Not applicable 
 
 e)   Date of the transaction    5 March 2018 
---  -------------------------  -------------------------------------- 
 f)   Place of the transaction   London 
---  -------------------------  -------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 05, 2018 09:43 ET (14:43 GMT)