TIDMZTF
RNS Number : 5475B
Zotefoams PLC
10 June 2021
Zotefoams plc
(the 'Company')
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs
10 June 2021 - On 8 June 2021, the Company received notice from
its Employee Benefit Trust of the exercise of nil cost options
granted over ordinary shares of 5 pence each ('Shares') under the
Company's Long-Term Incentive Plan ('LTIP') and Deferred Bonus
Share Plan ('DBSP') at a sale price of GBP4.77 as follows:
DIRECTORS
Award Number of Number of Number of Aggregate
shares exercised shares retained shares sold number
for tax of shares
held
----------- ------------------ ----------------- ------------- -----------
D B Stirling DBSP 2020 36,018 Nil Nil 449,162
----------- ------------------ ----------------- ------------- -----------
DBSP 2017 6,893 Nil Nil
----------- ------------------ ----------------- ------------- -----------
LTIP 2017 37,978 Nil Nil
----------- ------------------ ----------------- -------------
LTIP 2018 5,425 Nil Nil
----------- ------------------ ----------------- ------------- -----------
G C McGrath DBSP 2017 4,576 2,420 2,156 60,644
----------- ------------------ ----------------- ------------- -----------
LTIP 2017 24,921 13,183 11,738
-------------------------- ------------------ ----------------- ------------- -----------
LTIP 2018 3,656 1,934 1,722
-------------------------- ------------------ ----------------- ------------- -----------
PDMRs
Award Number of Number of Number of shares
shares exercised shares retained sold for tax
----------- ------------------ ----------------- -----------------
K D Hewson DBSP 2017 3,598 1,903 1,695
----------- ------------------ ----------------- -----------------
LTIP 2017 27,788 14,701 13,087
-------------------------- ------------------ ----------------- -----------------
LTIP 2018 5,361 2,835 2,526
-------------------------- ------------------ ----------------- -----------------
H D Morgan DBSP 2017 1,975 1,044 931
----------- ------------------ ----------------- -----------------
LTIP 2017 16,321 8,634 7,687
-------------------------- ------------------ ----------------- -----------------
LTIP 2018 4,932 2,609 2,323
-------------------------- ------------------ ----------------- -----------------
D B Catalano LTIP 2017 27,335 Nil Nil
----------- ------------------ ----------------- -----------------
LTIP 2018 8,287 Nil Nil
-------------------------- ------------------ ----------------- -----------------
Awards granted under the LTIP vest subject to the satisfaction
of performance targets over the three-year performance period. The
final decision on the timing of vesting of the LTIP 2017 award was
deferred for a period of up to one year. Following due
consideration by the Committee, including taking into account the
stability of the Group following the impact of COVID-19, the
Remuneration Committee agreed that it would be appropriate to
release the award in line with the formulaic outcome on 1 June
2021.
Awards granted under the DBSP usually vest three years from
grant, subject to satisfaction of service conditions. However,
given the unprecedented circumstances brought about by COVID-19,
and the decision of the Board not to recommend a final dividend for
the year ended 31 December 2019, the proportion of the bonus that
would normally have been paid in cash under the DBSP 2020 Award was
deferred into shares (the 'Deferred Bonus proportion'). The
Remuneration Committee has now approved the exercise of the
Deferred Bonus proportion taking place prior to 20 April 2023. The
proportion of the bonus that would normally be deferred into shares
(25%) will continue as normal and will be released after three
years.
All awards were increased to reflect the dividends paid during
the restricted period.
The Notification of Dealing Form can be found below.
This announcement is made in accordance with the requirements of
Article 19 of the UK Market Abuse Regulation 596/2014.
Lydia Harratt
Group Company Secretary
Zotefoams plc
020 8664 1600
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(R) polyolefin and ZOTEK(R) high-performance
foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses
its own cellular materials to manufacture T-FIT(R) 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(R)
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 (MuCell Extrusion) and Jiangsu
Province, China (T-FIT).
www.zotefoams.com
AZOTE(R) , ZOTEK(R) , ReZorce(R) and T-FIT(R) 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: Exercise and sale of shares
under the Long-Term Incentive Plan and the Deferred Bonus
Share Plan
---------------------------------------------------------------------
c) Price(s) and volume(s): Volume Price
86,314 GBP4.77
--------
---------------------------------------------------------------------
d) Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
GBP4.77 86,314 GBP411,717.78
----------------- ----------------
---------------------------------------------------------------------
e) Date of the transaction: 8 June 2021
---------------------------------------------------------------------
f) Place of the transaction: XLON
---------------------------------------------------------------------
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: Exercise and sale of shares
for tax under the Long-Term Incentive Plan and the Deferred
Bonus Share Plan
---------------------------------------------------------------------
c) Price(s) and volume(s): Volume Price
15,616 GBP4.77
--------
---------------------------------------------------------------------
d) Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
GBP4.77 15,616 GBP74,488.32
----------------- ----------------
---------------------------------------------------------------------
e) Date of the transaction: 8 June 2021
---------------------------------------------------------------------
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: Exercise and retention of
shares under the Long-Term Incentive Plan and the Deferred
Bonus Share Plan
---------------------------------------------------------------------
c) Price(s) and volume(s): Volume Price
17,537 GBP4.77
--------
---------------------------------------------------------------------
d) Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
GBP4.77 17,537 GBP83,651.49
----------------- ----------------
---------------------------------------------------------------------
e) Date of the transaction: 8 June 2021
---------------------------------------------------------------------
f) Place of the transaction: XLON
---------------------------------------------------------------------
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: Exercise and sale of shares
for tax under the Long-Term Incentive Plan and the Deferred
Bonus Share Plan
---------------------------------------------------------------------
c) Price(s) and volume(s): Volume Price
17,308 GBP4.77
--------
---------------------------------------------------------------------
d) Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
GBP4.77 17,308 GBP82,559.16
----------------- ----------------
---------------------------------------------------------------------
e) Date of the transaction: 8 June 2021
---------------------------------------------------------------------
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: Exercise and retention of
shares under the Long-Term Incentive Plan and the Deferred
Bonus Share Plan
---------------------------------------------------------------------
c) Price(s) and volume(s): Volume Price
19,439 GBP4.77
--------
---------------------------------------------------------------------
d) Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
GBP4.77 19,439 GBP92,724.03
----------------- ----------------
---------------------------------------------------------------------
e) Date of the transaction: 8 June 2021
---------------------------------------------------------------------
f) Place of the transaction: XLON
---------------------------------------------------------------------
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: Exercise and sale of shares
for tax under the Long-Term Incentive Plan and the Deferred
Bonus Share Plan
---------------------------------------------------------------------
c) Price(s) and volume(s): Volume Price
10,941 GBP4.77
--------
---------------------------------------------------------------------
d) Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
GBP4.77 10,941 GBP52,188.57
----------------- ----------------
---------------------------------------------------------------------
e) Date of the transaction: 8 June 2021
---------------------------------------------------------------------
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: Exercise and retention of
shares under the Long-Term Incentive Plan and the Deferred
Bonus Share Plan
---------------------------------------------------------------------
c) Price(s) and volume(s): Volume Price
12,287 GBP4.77
--------
---------------------------------------------------------------------
d) Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
GBP4.77 12,287 GBP58,608.99
----------------- ----------------
---------------------------------------------------------------------
e) Date of the transaction: 8 June 2021
---------------------------------------------------------------------
f) Place of the transaction: XLON
---------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Daniel Bryan Catalano
---------------------------------------------------------------------
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: Exercise and sale of shares
under the Long-Term Incentive Plan and the Deferred Bonus
Share Plan
---------------------------------------------------------------------
c) Price(s) and volume(s): Volume Price
35,622 GBP4.77
--------
---------------------------------------------------------------------
d) Aggregated information:
Aggregate Price Aggregate Volume Aggregate Total
GBP4.77 35,622 GBP169,916.94
----------------- ----------------
---------------------------------------------------------------------
e) Date of the transaction: 8 June 2021
---------------------------------------------------------------------
f) Place of the transaction: XLON
---------------------------------------------------------------------
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHEASKEFDNFEFA
(END) Dow Jones Newswires
June 10, 2021 11:41 ET (15:41 GMT)
Zotefoams (LSE:ZTF)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Zotefoams (LSE:ZTF)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024