TIDMALU

RNS Number : 8398O

Alumasc Group PLC

12 October 2021

The Alumasc Group plc

12 October 2021

Director Dealings

On 11 October 2021, The Alumasc Group plc (the 'Company') was notified of the following transactions which took place with respect to Paul Hooper, Chief Executive Officer of the Company, Gilbert Jackson, Executive Director and Michael Leaf, Executive Director, relating to the vesting of share awards held under the Alumasc 2018 Long Term Incentive Plan. Additionally, Mr Jackson and Mr Leaf sold part of their resulting holdings as further detailed below to cover tax and NI liabilities arising on the vesting of awards and Michael Leaf transferred his resulting shares to Mrs Luan Leaf, a closely associated person.

Following these transactions, the resulting number of Ordinary Shares of 12.5p each ('Shares') in the capital of the Company held by the above Directors or by their Closely Associated Persons were:

 
                    Total holding      % of issued 
                        of Shares    share capital 
 Paul Hooper              881,766            2.44% 
                   --------------  --------------- 
 Gilbert Jackson           22,950            0.06% 
                   --------------  --------------- 
 Michael Leaf              36,937            0.10% 
                   --------------  --------------- 
 

Settlement of all of the above awards were made from existing ordinary shares held by the Alumasc Employee Benefit Trust.

For further information in respect of this announcement: Helen Ashton, Group Company Secretary

Date of Notification: 12 October 2021

Tel: 01536 383844

 
            1.   Details of the person discharging managerial responsibilities 
                  / person closely associated 
      a.         Name                            Paul Hooper 
                ------------------------------  ----------------------------------------------- 
            2.   Reason for the notification 
                ------------------------------------------------------------------------------- 
            a.   Position/status                 Chief Executive Officer 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                            The Alumasc Group plc 
                ------------------------------  ----------------------------------------------- 
            b.   LEI                             2138002MV11VKZFJ4359 
                ------------------------------  ----------------------------------------------- 
            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 12.5p shares 
                  Financial instrument, 
                  type 
                  of instrument                    GB0000280353 
                  Identification 
                  code 
                ------------------------------  ----------------------------------------------- 
            b.   Nature of the                   Exercise of nil cost options under The Alumasc 
                  transaction                     Group plc Long Term Incentive Plan. 
                ------------------------------  ----------------------------------------------- 
            c.   Price(s) and                    Exercise of Long Term Incentive Plan awards 
                  volume(s)                       (nil cost options) 
                                                   Chief Executive      Price(s)    Volume(s) 
                                                    Officer and PDMR 
                                                   Paul Hooper          Nil         111,810 
                                                                       ----------  ---------- 
                ------------------------------  ----------------------------------------------- 
            d.        Aggregated information     Exercise of Long Term Incentive Plan awards 
                        *    Aggregated volume 
                                                  111,810 Ordinary Shares acquired at nil cost 
 
                        *    Price 
                ------------------------------  ----------------------------------------------- 
            e.   Date of the transaction         2021-10-11 
                ------------------------------  ----------------------------------------------- 
            f.   Place of the                    Off Market 
                  transaction 
                ------------------------------  ----------------------------------------------- 
 
 
 1.              Details of the person discharging managerial responsibilities 
                  / person closely associated 
      a.         Name                            Gilbert Jackson 
                ------------------------------  ------------------------------------------------- 
            2.   Reason for the notification 
                --------------------------------------------------------------------------------- 
            a.   Position/status                 Executive 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                            The Alumasc Group plc 
                ------------------------------  ------------------------------------------------- 
            b.   LEI                             2138002MV11VKZFJ4359 
                ------------------------------  ------------------------------------------------- 
            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 12.5p shares 
                  Financial instrument, 
                  type 
                  of instrument                    GB0000280353 
                  Identification 
                  code 
                ------------------------------  ------------------------------------------------- 
            b.   Nature of the                   (1) Exercise of nil cost options under The 
                  transaction                     Alumasc Group plc Long Term Incentive Plan. 
                                                  (2) Shares sold to cover the tax liability 
                                                  on vesting. 
                ------------------------------  ------------------------------------------------- 
            c.   Price(s) and                    Exercise of Long Term Incentive Plan awards 
                  volume(s)                       (nil cost options) 
                                                   Executive Director        Price(s)   Volume(s) 
                                                    and PDMR 
                                                   Total number of 
                                                    shares on vesting        Nil        43,303 
                                                                            ---------  ---------- 
                                                   Shares sold to 
                                                    cover tax liabilities 
                                                    on vesting               225p       20,353 
                                                                            ---------  ---------- 
                ------------------------------  ------------------------------------------------- 
            d.        Aggregated information     Exercise of Long Term Incentive Plan awards 
                        *    Aggregated volume    (nil cost options) 
                                                   Executive Director        Price(s)   Volume(s) 
                                                    and PDMR 
                        *    Price                 Total number of 
                                                    shares on vesting        Nil        43,303 
                                                                            ---------  ---------- 
                                                   Shares sold to 
                                                    cover tax liabilities 
                                                    on vesting               225p       20,353 
                                                                            ---------  ---------- 
                ------------------------------  ------------------------------------------------- 
            e.   Date of the transaction         2021-10-11 
                ------------------------------  ------------------------------------------------- 
            f.   Place of the                    Off Market 
                  transaction 
                ------------------------------  ------------------------------------------------- 
 
 
 1.              Details of the person discharging managerial responsibilities 
                  / person closely associated 
      a.         Name                            Michael Leaf 
                ------------------------------  --------------------------------------------------- 
            2.   Reason for the notification 
                ----------------------------------------------------------------------------------- 
            a.   Position/status                 Executive 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                            The Alumasc Group plc 
                ------------------------------  --------------------------------------------------- 
            b.   LEI                             2138002MV11VKZFJ4359 
                ------------------------------  --------------------------------------------------- 
            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 12.5p shares 
                  Financial instrument, 
                  type 
                  of instrument                    GB0000280353 
                  Identification 
                  code 
                ------------------------------  --------------------------------------------------- 
            b.   Nature of the                   (1) Exercise of nil cost options under The 
                  transaction                     Alumasc Group plc Long Term Incentive Plan. 
                                                  (2) Shares sold to cover the tax liability 
                                                  on vesting. 
                                                  (3) Shares transferred to Mrs Luan Leaf, 
                                                  a closely associated person 
                ------------------------------  --------------------------------------------------- 
            c.   Price(s) and                    Exercise of Long Term Incentive Plan awards 
                  volume(s)                       (nil cost options) 
                                                   Executive Director          Price(s)   Volume(s) 
                                                    and PDMR 
                                                   Total number of 
                                                    shares on vesting          Nil        38,798 
                                                                              ---------  ---------- 
                                                   Shares sold to 
                                                    cover tax liabilities 
                                                    on vesting                 225p       18,236 
                                                                              ---------  ---------- 
                                                   Shares transferred 
                                                    to a Closely Associated 
                                                    Person, Mrs L 
                                                    Leaf                       Nil        20,562 
                                                                              ---------  ---------- 
                ------------------------------  --------------------------------------------------- 
            d.        Aggregated information     Exercise of Long Term Incentive Plan awards 
                        *    Aggregated volume    (nil cost options) 
                                                   Executive Director          Price(s)   Volume(s) 
                                                    and PDMR 
                        *    Price                 Total number of 
                                                    shares on vesting          Nil        38,798 
                                                                              ---------  ---------- 
                                                   Shares sold to 
                                                    cover tax liabilities 
                                                    on vesting                 225p       18,236 
                                                                              ---------  ---------- 
                                                   Shares transferred 
                                                    to a Closely Associated 
                                                    Person, Mrs L 
                                                    Leaf                       Nil        20,562 
                                                                              ---------  ---------- 
                ------------------------------  --------------------------------------------------- 
            e.   Date of the transaction         2021-10-11 
                ------------------------------  --------------------------------------------------- 
            f.   Place of the                    Off Market 
                  transaction 
                ------------------------------  --------------------------------------------------- 
 

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