Zotefoams PLC Director/PDMR Shareholding (8624P)

TIDMZTF

RNS Number : 8624P

Zotefoams PLC

31 May 2018

31 May 2018

Zotefoams plc

(the 'Company')

Directors' Share Dealings

The Company was notified on 30 May 2018 that on 29 May 2018 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 GBP5.695 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 ('partnership shares') in the Company, using deductions from salary in each monthly pay period, and receive allocations of matching free ordinary shares ('matching shares'). Dividends received on the shares held in the SIP are used to buy further ordinary shares ('dividend shares') in the Company.

The table below sets out the number of dividend shares purchased.

 
 Director        No. of dividend 
                  shares purchased 
 D B Stirling    12 
                ------------------ 
 G C McGrath     10 
                ------------------ 
 

Following the above-mentioned transactions, Mr Stirling and Mr McGrath are beneficially interested in the following number of shares:

 
 Director        Number of shares(1)   Percentage of 
                                        issued Share Capital 
 D B Stirling    417,519               0.86 
                --------------------  ---------------------- 
 G C McGrath     5,019                 0.01 
                --------------------  ---------------------- 
 

(1) Includes partnership shares, dividend shares and vested matching shares.

The Notification of Dealing Form for each Director can be found below.

This notification is made in accordance with the Market Abuse Regulation.

Enquiries:

Alex Small

Group Company Secretary

Zotefoams plc

020 8664 1600

About Zotefoams plc:

Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology. Using a unique manufacturing process with environmentally friendly nitrogen expansion, Zotefoams produces and sells lightweight AZOTE(R) polyolefin and ZOTEK(R) high-performance foams for diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT(R) advanced insulation for demanding industrial markets. In addition, Zotefoams owns and licenses patented MuCell(R) microcellular foam technology, developed specifically for extrusion applications, from a base in Massachusetts, USA to customers worldwide.

Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky and Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT(R)). www.zotefoams.com

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name: David Stirling 
     --------------------------------------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status: Group CEO 
     --------------------------------------------------------------------- 
 b)   Initial notification/Amendment: Initial notification 
     --------------------------------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name: Zotefoams plc 
     --------------------------------------------------------------------- 
 b)   LEI: 213800B6P256B5XN8D32 
     --------------------------------------------------------------------- 
 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 financial instrument, type of instrument: 
       Ordinary shares of 5 pence each 
       Identification code: GB0009896605 
     --------------------------------------------------------------------- 
 b)   Nature of the transaction: Purchase of dividend shares 
       under the share incentive plan 
     --------------------------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)    Volume(s) 
        GBP5.695    12 
                   ---------- 
     --------------------------------------------------------------------- 
 d)   Aggregated information: 
        Aggregate Price   Aggregate Volume   Aggregate Total 
        GBP5.695          12                 GBP68.34 
                         -----------------  ---------------- 
     --------------------------------------------------------------------- 
 e)   Date of the transaction: 2018-05-29; 16:06:01 
     --------------------------------------------------------------------- 
 f)   Place of the transaction: XLON 
     --------------------------------------------------------------------- 
 

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name: Gary McGrath 
     --------------------------------------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status: Group CFO 
     --------------------------------------------------------------------- 
 b)   Initial notification/Amendment: Initial notification 
     --------------------------------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name: Zotefoams plc 
     --------------------------------------------------------------------- 
 b)   LEI: 213800B6P256B5XN8D32 
     --------------------------------------------------------------------- 
 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 financial instrument, type of instrument: 
       Ordinary shares of 5 pence each 
       Identification code: GB0009896605 
     --------------------------------------------------------------------- 
 b)   Nature of the transaction: Purchase of dividend shares 
       under the share incentive plan 
     --------------------------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)    Volume(s) 
        GBP5.695    10 
                   ---------- 
     --------------------------------------------------------------------- 
 d)   Aggregated information: 
        Aggregate Price   Aggregate Volume   Aggregate Total 
        GBP5.695          10                 GBP56.95 
                         -----------------  ---------------- 
     --------------------------------------------------------------------- 
 e)   Date of the transaction: 2018-05-29; 16:06:01 
     --------------------------------------------------------------------- 
 f)   Place of the transaction: XLON 
     --------------------------------------------------------------------- 
 

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May 31, 2018 06:57 ET (10:57 GMT)