Polypipe Group PLC Director/PDMR Shareholding

Fecha : 30/04/2019 @ 08:47
Fuente : UK Regulatory (RNS & others)
Emisora : Polypipe Group Plc (PLP)
Cotización : 434.4  45.2 (11.61%) @ 10:35
Polypipe Cotización de acciones Gráfica

Polypipe Group PLC Director/PDMR Shareholding

Polypipe (LSE:PLP)
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RNS Number : 6077X

Polypipe Group PLC

30 April 2019

Polypipe Group plc ('the Company')

Notification of Transaction by Persons Discharging Managerial Responsibilities

The Company announces that on 30 April 2019, an award under the Company's Deferred Share Bonus Plan ("DSBP") was granted over Ordinary Shares of GBP0.001 each ("Shares") as set out in the table below. The award was made in the form of a nil-cost option which is exercisable for 10 years from the date of grant, unless the exercise period is shortened in accordance with the DSBP rules.

 
 1. Name       2. No. of Shares subject to DSBP  3. Exercise dates   4. Lapse Dates 
Martin Payne               15,741                30/04/2021 (50%)    30 April 2029 
                                                  30/04/2022 (50%) 
Paul James                  6,766                30/04/2021 (50%)    30 April 2029 
                                                  30/04/2022 (50%) 
Glen Sabin                  8,053                30/04/2021 (50%)    30 April 2029 
                                                  30/04/2022 (50%) 
 

For further information on the DSBP, please refer to the 2018 Annual Report and Accounts which is available at www.polypipe.com

The notifications below, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Martin Payne 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Chief Executive Officer/Director 
                                   and PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Polypipe Group plc 
     --------------------------  --------------------------------------- 
 b)   LEI                         2138005IF1N2RKJ6KO18 
     --------------------------  --------------------------------------- 
 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 ("Shares") of GBP0.001 
       financial instrument,       each in the capital of Polypipe Group 
       type of instrument          plc 
 
       Identification code 
                                   GB00BKRC5K31 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Grant of an award, structured as 
                                   a nil cost option, on 30 April 2019, 
                                   vesting on 30 April 2021 (50%) and 
                                   30 April 2022 (50%), exercisable 
                                   for 10 years from the date of grant. 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     Nil         15,741 
                                                ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
 
       - Aggregated volume 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30 April 2019 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a Trading Venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Paul James 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Chief Financial Officer/Director 
                                   and PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Polypipe Group plc 
     --------------------------  --------------------------------------- 
 b)   LEI                         2138005IF1N2RKJ6KO18 
     --------------------------  --------------------------------------- 
 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 ("Shares") of GBP0.001 
       financial instrument,       each in the capital of Polypipe Group 
       type of instrument          plc 
 
       Identification code 
                                   GB00BKRC5K31 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Grant of an award, structured as 
                                   a nil cost option, on 30 April 2019, 
                                   vesting on 30 April 2021 (50%) and 
                                   30 April 2022 (50%), exercisable 
                                   for 10 years from the date of grant. 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     Nil         6,766 
                                                ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
 
       - Aggregated volume 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30 April 2019 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a Trading Venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Glen Sabin 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Chief Operating Officer/Director 
                                   and PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Polypipe Group plc 
     --------------------------  --------------------------------------- 
 b)   LEI                         2138005IF1N2RKJ6KO18 
     --------------------------  --------------------------------------- 
 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 ("Shares") of GBP0.001 
       financial instrument,       each in the capital of Polypipe Group 
       type of instrument          plc 
 
       Identification code 
                                   GB00BKRC5K31 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Grant of an award, structured as 
                                   a nil cost option, on 30 April 2019, 
                                   vesting on 30 April 2021 (50%) and 
                                   30 April 2022 (50%), exercisable 
                                   for 10 years from the date of grant. 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     Nil         8,053 
                                                ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
 
       - Aggregated volume 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30 April 2019 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a Trading Venue 
     --------------------------  --------------------------------------- 
 

Contacts:

 
                                    +44 (0) 1709 770 
Emma Versluys, Company Secretary     000 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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April 30, 2019 09:47 ET (13:47 GMT)

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