TIDMPLP

RNS Number : 0880W

Polypipe Group PLC

06 December 2019

Polypipe Group plc ("the Company")

Director/PDMR Transaction - Initial Notification

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

 
 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 of GBP0.001 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BKRC5K31 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Exercise of options granted in 2016 
                                   under the Polypipe plc 2014 Sharesave 
                                   Plan 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)           Volume(s) 
                                     GBP 2.21 option 
                                      exercise price    8,144 
                                                       ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          8,144 
 
 
       - Price                      GBP17,998.24 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     6 December 2019 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a Trading Venue 
     --------------------------  ---------------------------------------

Enquiries:

Emma Versluys

Company Secretary

+44 (0) 1709 770 000

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END

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December 06, 2019 08:17 ET (13:17 GMT)

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