Zotefoams PLC Director/PDMR Shareholding (2238Y)

TIDMZTF

RNS Number : 2238Y

Zotefoams PLC

13 May 2016

13 May 2016

Zotefoams plc

(the 'Company')

Directors' Share Dealings

The Company was notified on 13 May 2016 that on 11 May 2016 the following Directors became beneficially interested in the number of ordinary shares of 5 pence in the Company set out against their names in the table below under the Zotefoams Share Incentive Plan (the 'SIP'). The shares were purchased on their behalf by the SIP Trustee (Yorkshire Building Society) at a price of GBP2.89 per share.

The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company, using deductions from salary in each monthly pay period, and receive allocations of matching free ordinary shares ('matching shares').

The table below sets out the number of shares purchased and the number of matching shares that were allocated for no consideration.

 
 Director        No. of shares   No. of matching 
                  purchased       shares allocated 
--------------  --------------  ------------------ 
 D B Stirling    52              13 
--------------  --------------  ------------------ 
 C G Hurst       52              13 
--------------  --------------  ------------------ 
 G C McGrath     52              13 
--------------  --------------  ------------------ 
 

This disclosure has been made for the purposes of DTR 3.1.4.

Enquiries:

Sara Hollowell

Interim Company Secretary

Zotefoams plc

020 8664 1600

This information is provided by RNS

The company news service from the London Stock Exchange

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May 13, 2016 06:43 ET (10:43 GMT)