Polypipe Group PLC Director/PDMR Shareholding (4522N)
09 August 2017 - 2:18AM
UK Regulatory
TIDMPLP
RNS Number : 4522N
Polypipe Group PLC
08 August 2017
Polypipe Group plc (the "Company")
Notification of transaction by Person Discharging Managerial
Responsibilities
The Company announces that today, 8 August 2017, Martin Payne, a
Person Discharging Managerial Responsibilities, exercised a
nil-cost option over 24,352 ordinary shares of GBP0.001 each in the
capital of the Company ('Shares'), in accordance with the Deferred
Share Award that was granted to him on 31 May 2016, full details of
which were included in a regulatory announcement released on 31 May
2016. The Company's Employee Benefit Trust has today transferred
12,907 Shares to Mr. Payne which represents the net number of
Shares due to him after the addition of dividend shares and the
appropriate tax and national insurance liabilities were taken into
account. Mr. Payne now holds an interest in a total of 69,726
Shares in the Company.
The notification below, which has been made in accordance with
the requirements of the EU Market Abuse Regulation, provides
further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------------
a) Name Martin Payne
--- ------------------------- --------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------
a) Position/status Chief Financial Officer/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 Polypipe Group plc
--- ------------------------- --------------------------------------
b) LEI 2138005IF1N2RKJ6KO18
--- ------------------------- --------------------------------------
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 Ordinary Shares ("Shares")
the financial of GBP0.001 each in the capital
instrument, type of Polypipe Group plc
of instrument
Identification GB00BKRC5K31
code
--- ------------------------- --------------------------------------
b) Nature of the Acquisition of Shares for
transaction no consideration pursuant
to the exercise of nil-cost
options granted as a Deferred
Share Award on 31 May 2016.
--- ------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ------------------------
Nil 23,684 - Number
of Shares vesting
and over which
option was
exercised.
668 - Number
of Shares awarded
at vesting
in lieu of
dividends paid
during the
vesting period
12,907- Number
of Shares acquired
after reduction
for appropriate
tax and national
insurance liabilities.
--------- ------------------------
--- ------------------------- --------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- --------------------------------------
e) Date of the transaction 8 August 2017
--- ------------------------- --------------------------------------
f) Place of the transaction Outside of a Trading Venue
--- ------------------------- --------------------------------------
Enquiries:
Martin Payne, Chief Financial Officer
Emma Versluys, Company Secretary
+44 (0) 1709 770 000
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHOKFDDABKDOFK
(END) Dow Jones Newswires
August 08, 2017 12:18 ET (16:18 GMT)
Genuit (LSE:GEN)
Historical Stock Chart
From Apr 2024 to May 2024
Genuit (LSE:GEN)
Historical Stock Chart
From May 2023 to May 2024
