Zotefoams PLC Director/PDMR Shareholding (7629Z)
May 21 2019 - 11:36AM
UK Regulatory
TIDMZTF
RNS Number : 7629Z
Zotefoams PLC
21 May 2019
Zotefoams plc (the 'Company')
Grant of share awards
The Company announces that on 20 May 2019 the Executive
Directors were granted the following conditional awards over the
Company's Ordinary Shares of 5p each under the terms of the
Company's Long Term Incentive Plan 2017 ('LTIP'):
Name Number of shares
Chief Executive
D B Stirling Officer 73,070
Chief Financial
G C McGrath Officer 48,352
The LTIP awards will vest on the third anniversary of the grant
date subject to achieving the performance criteria detailed in the
Company's Annual Report 2018. A holding period of two years
following the vesting date will apply, such that the awards will
not normally be released until the fifth anniversary of the grant
date.
Further, on 20 May 2019 the Executive Directors were granted the
following restricted share awards over the Company's Ordinary
Shares of 5p each under the Company's Deferred Bonus Share Plan
('DBSP'):
Name Number of shares
Chief Executive
D B Stirling Officer 2,677
Chief Financial
G C McGrath Officer 2,497
The DBSP awards will be released on the third anniversary of the
grant date subject to satisfaction of service conditions.
The Notification of Dealing Form for each Executive Director can
be found below.
This notification is made in accordance with the Market Abuse
Regulation.
Enquiries:
James Adams
Interim Company Secretary
Zotefoams plc
21 May 2019
Tel: 020 8664 1600
About Zotefoams plc:
Zotefoams plc (LSE - ZTF) is a world leader in cellular
materials technology. 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. In addition, Zotefoams
owns and licenses patented MuCell(R) microcellular foam technology,
developed specifically for extrusion applications, from a base in
Massachusetts, USA, to customers worldwide.
Zotefoams is headquartered in Croydon, UK, with additional
manufacturing sites in Kentucky and Oklahoma, USA (foam products
manufacture and conversion), Massachusetts, USA (MuCell(R)
Extrusion) and Jiangsu Province, China (T-FIT(R)). A third
foam-manufacturing site, in Poland, is planned to begin operations
in 2020.
www.zotefoams.com
AZOTE(R), ZOTEK(R), T-FIT(R) are registered trademarks of
Zotefoams plc
MuCell(R) is a registered trademark of Trexel Inc.
AZOTE(R), ZOTEK(R), T-FIT(R) are registered trademarks of
Zotefoams plc
MuCell(R) is a registered trademark of Trexel Inc.
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 Stirling
-----------------------------------------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------
a) Position/status: Chief Executive Officer
-----------------------------------------------------------------------------
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: Award of performance shares
under the Long Term Incentive Plan
-----------------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.00 73,070
----------
-----------------------------------------------------------------------------
d) Aggregated information: Aggregate Price Aggregate Volume Aggregate Total
GBP0.00 73,070 GBP0.00
----------------- ----------------
-----------------------------------------------------------------------------
e) Date of the transaction: 20 May 2019
-----------------------------------------------------------------------------
f) Place of the transaction: Outside a trading venue
-----------------------------------------------------------------------------
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: Award of restricted shares
under the Deferred Bonus Share Plan
-----------------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.00 2,677
----------
-----------------------------------------------------------------------------
d) Aggregated information: Aggregate Price Aggregate Volume Aggregate Total
GBP0.00 2,677 GBP0.00
----------------- ----------------
-----------------------------------------------------------------------------
e) Date of the transaction: 20 May 2019
-----------------------------------------------------------------------------
f) Place of the transaction: Outside a trading venue
-----------------------------------------------------------------------------
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: Gary McGrath
-----------------------------------------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------
a) Position/status: Chief Financial Officer
-----------------------------------------------------------------------------
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: Award of performance shares
under the Long Term Incentive Plan
-----------------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.00 48,352
----------
-----------------------------------------------------------------------------
d) Aggregated information: Aggregate Price Aggregate Volume Aggregate Total
GBP0.00 48,352 GBP0.00
----------------- ----------------
-----------------------------------------------------------------------------
e) Date of the transaction: 20 May 2019
-----------------------------------------------------------------------------
f) Place of the transaction: Outside a trading venue
-----------------------------------------------------------------------------
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: Award of restricted shares
under the Deferred Bonus Share Plan
-----------------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.00 2,497
----------
-----------------------------------------------------------------------------
d) Aggregated information: Aggregate Price Aggregate Volume Aggregate Total
GBP0.00 2,497 GBP0.00
----------------- ----------------
-----------------------------------------------------------------------------
e) Date of the transaction: 20 May 2019
-----------------------------------------------------------------------------
f) Place of the transaction: Outside a trading venue
-----------------------------------------------------------------------------
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
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of this information may apply. For further information, please
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END
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May 21, 2019 12:36 ET (16:36 GMT)
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