Zotefoams
plc
(the
'Company')
NOTIFICATION OF TRANSACTIONS
OF DIRECTORS/PDMRs
10
May 2024 - The Company announces
that on 8 May 2024, the Executive Directors and Persons Discharging
Managerial Responsibilities (PDMR) were granted the following share
awards over the Company's Ordinary Shares of 5p each under the
terms of the Company's Long Term Incentive Plan 2017 ('LTIP') and
the Deferred Bonus Share Plan 2017 ('DBSP'):
Directors
|
Name
|
Title
|
Number of LTIP
Awards
|
Number of DBSP
Awards
|
D B Stirling
|
Group CEO
|
0
|
30,964
|
G C McGrath
|
Group CFO
|
100,167
|
19,223
|
PDMRS
|
R M Cox
|
Group CEO Designate
|
154,007
|
0
|
K D Hewson
|
Senior Executive
|
40,263
|
6,471
|
H D Morgan
|
Senior Executive
|
37,044
|
4,101
|
D Lumpkin
|
Senior Executive
|
37,321
|
4,689
|
B Sala
|
Senior Executive
|
23,565
|
5,471
|
N Court-Johnston
|
Senior Executive
|
26,527
|
4,421
|
The LTIP awards will vest on the
third anniversary of the grant date subject to achieving the
performance criteria detailed in the Company's Annual Report 2023.
For the Group CEO Designate and Group CFO, a holding period of two
years following the vesting date will apply, such that the awards
will not normally be released until the fifth anniversary of the
grant date.
The DBSP awards usually vest three
years from grant, subject to satisfaction of service
conditions.
The Notification of Dealing Form for
each Director/PDMR can be found below.
This announcement is made in
accordance with the requirements of Article 19 of the UK Market
Abuse Regulation.
Lydia Harratt
Group Company Secretary
Zotefoams plc
020 8664 1600
Enquiries:
Zotefoams plc
|
+44
(0) 208 664 1600
|
David Stirling,
Group CEO
|
|
Gary McGrath, Group CFO
|
|
|
|
IFC
Advisory
|
+44
(0) 203 934 6630
|
Graham Herring
Tim Metcalfe
Zach Cohen
|
|
About Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world
leader in cellular materials technology delivering optimal material
solutions for the benefit of society. Utilising a variety of unique
manufacturing processes, including environmentally friendly
nitrogen expansion for lightweight AZOTE® polyolefin and
ZOTEK® high-performance foams, Zotefoams sells to
diverse markets worldwide. Zotefoams uses its own cellular
materials to manufacture T-FIT® advanced insulation for
demanding industrial markets. Zotefoams also owns and licenses
patented microcellular foam technology to reduce plastic use in
extrusion applications and for ReZorce® mono-material
recyclable barrier packaging.
Zotefoams is headquartered in
Croydon, UK, with additional manufacturing sites in Kentucky, USA
and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products
manufacture and conversion), Massachusetts, USA, Stilling, Denmark
(microcellular foam technology) and Jiangsu Province, China
(T-FIT).
www.zotefoams.com
AZOTE®,
ZOTEK®, ReZorce® and T-FIT® are
registered trademarks of Zotefoams plc.
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 Burns
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: Award of restricted
shares under the Deferred Bonus Share
Plan with a holding
period of 3 years
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
30,964
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
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 Christopher
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: Award of performance
shares under the Long-Term Incentive Plan with a holding period of
2 years post vesting date
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
100,167
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
f)
|
Place of the
transaction: XLON
|
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: Award of restricted
shares under the Deferred Bonus Share
Plan with a holding
period of 3 years
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
19,223
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
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: Ronan Michael
Cox
|
2.
|
Reason for the
notification
|
a)
|
Position/status: Group
CEO Designate
|
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: Award of performance
shares under the Long-Term Incentive Plan with a holding period of
2 years post vesting date
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
154,007
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
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: Karl David
Hewson
|
2.
|
Reason for the
notification
|
a)
|
Position/status:
Senior Executive
|
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: Award of performance shares under the Long-Term
Incentive Plan
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
40,263
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
f)
|
Place of the
transaction: XLON
|
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: Award of restricted
shares under the Deferred Bonus Share
Plan with a holding
period of 3 years
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
6,471
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
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: Hugh De Riemer
Morgan
|
2.
|
Reason for the
notification
|
a)
|
Position/status:
Senior Executive
|
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: Award of performance shares under the Long-Term
Incentive Plan
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
37,044
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
f)
|
Place of the
transaction: XLON
|
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: Award of restricted
shares under the Deferred Bonus Share
Plan with a holding
period of 3 years
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
4,101
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
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: Dan
Lumpkin
|
2.
|
Reason for the
notification
|
a)
|
Position/status:
Senior Executive
|
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: Award of performance shares under the Long-Term
Incentive Plan
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
37,321
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
f)
|
Place of the
transaction: XLON
|
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: Award of restricted shares under the Deferred Bonus
Share
Plan with a holding
period of 3 years
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
4,689
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
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: Benito
Sala
|
2.
|
Reason for the
notification
|
a)
|
Position/status:
Senior Executive
|
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: Award of performance shares under the Long-Term
Incentive Plan
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
23,565
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
f)
|
Place of the
transaction: XLON
|
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: Award of restricted
shares under the Deferred Bonus Share
Plan with a holding
period of 3 years
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
5,471
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
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: Neil
Court-Johnston
|
2.
|
Reason for the
notification
|
a)
|
Position/status:
Senior Executive
|
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: Award of performance shares under the Long-Term
Incentive Plan
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
26,527
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
f)
|
Place of the
transaction: XLON
|
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: Award of restricted
shares under the Deferred Bonus Share
Plan with a holding
period of 3 years
|
c)
|
Price(s) and
volume(s):
Price(s)
|
Volume(s)
|
£0.00
|
4,421
|
|
d)
|
Aggregated
information:
n/a
|
e)
|
Date of the
transaction: 8 May 2024
|
f)
|
Place of the
transaction: XLON
|
|
| |