Synthomer PLC Director/PDMR Shareholding (1617S)
March 12 2021 - 9:14AM
UK Regulatory
TIDMSYNT
RNS Number : 1617S
Synthomer PLC
12 March 2021
LEI: 213800EHT3TI1KPQQJ56
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
On 10 March 2021 Stephen Bennett, Chief Financial Officer,
Synthomer plc (the "Company"), exercised nil cost long term
incetive plan awards over 36,660 ordinary shares granted across
2017 and 2018 under the Company's 2011 Performance Share Plan. Mr
Bennett has retained 19,430 of the resultant shares and disposed of
17,230 of the resultant shares to satisfy tax liabilities arising
on the exercise.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Stephen Bennett
--------------------------------- -------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
--------------------------------- -------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------
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
awards granted in 2017 and 2018 under
the 2011 Performance Share Plan and
disposal of sufficient resultant
shares to cover tax and NI liability.
--------------------------------- -------------------------------------------
c) Price(s) and volume(s)
------------- --------------------------
Price(s) Volume(s)
------------- --------------------------
Nil 19,430 (Retained)
------------- --------------------------
Nil 17,230 (Disposed)
------------- --------------------------
d) Aggregated information
- Aggregated volume 19,430
- Price Nil
e) Date of the transaction 10 March 2021
--------------------------------- -------------------------------------------
f) Place of the transaction London
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END
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