Synthomer PLC Director/PDMR Shareholding (1615S)

TIDMSYNT

RNS Number : 1615S

Synthomer PLC

12 March 2021

LEI: 213800EHT3TI1KPQQJ56

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

On 10 March 2021 Calum MacLean, Chief Executive Officer, Synthomer plc (the "Company"), exercised a nil cost long term incentive plan award over 56,031 ordinary shares granted in 2018 under the Company's 2011 Performance Share Plan. Mr MacLean has retained all such shares and will pay the cost of the resultant tax liability in cash in order to avoid the disposal of any shares.

 
 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 Officer 
      ---------------------------------------  -------------------------------------------- 
 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 the                       Ordinary shares of 10p each 
        financial instrument, 
        type of instrument 
 
       Identification code                      GB0009887422 
 
 b)    Nature of the transaction                Exercise of long term incentive plan 
                                                 award granted in 2018 under the 2011 
                                                 Performance Share Plan. 
      ---------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  ------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  ------------------- 
    Nil                                                                56,031 
   -----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      56,031 
 
  - Price                                  Nil 
 
 e)    Date of the transaction                  10 March 2021 
      ---------------------------------------  -------------------------------------------- 
 f)    Place of the transaction                 London 
      ---------------------------------------  -------------------------------------------- 
 

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March 12, 2021 10:14 ET (15:14 GMT)