Synthomer PLC Director/PDMR Shareholding (8189V)
April 10 2019 - 10:50AM
UK Regulatory
TIDMSYNT
RNS Number : 8189V
Synthomer PLC
10 April 2019
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
On 9 April 2019 Calum MacLean, Chief Executive Officer,
Synthomer plc (the "Company"), exercised a nil cost long term
incetive plan award over 157,243 ordinary shares granted in 2016
under the Company's 2011 Performance Share Plan. Mr MacLean has
retained 83,338 of the resultant shares and disposed of 73,905 of
the resultant shares to satisfy tax liabilities arising on the
exercise. Following this award exercise Mr MacLean's shareholding
in the Company has increased to 470,178 ordinary shares. The
following information is provided in accordance with the Market
Abuse regulation.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Calum MacLean
-------------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Chief Executive
-------------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a) Name Synthomer plc
-------------------------------- --------------------------------------------
b) LEI 213800EHT3TI1KPQQJ56
-------------------------------- --------------------------------------------
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 10p each
financial instrument,
type of instrument
Identification code GB0009887422
b) Nature of the transaction Exercise of long term incentive plan
award granted in 2016 under the 2011
Performance Share Plan and disposal
of sufficient resultant shares to
cover tax and NI liability.
-------------------------------- --------------------------------------------
c) Price(s) and volume(s)
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Price(s) Volume(s)
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GBP3.894 83,338 (Retained)
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GBP3.894 73,905 (Disposed)
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d) Aggregated information
- Aggregated volume Not applicable
- Price Not applicable
e) Date of the transaction 9 April 2019
-------------------------------- --------------------------------------------
f) Place of the transaction London
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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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