Scapa Group PLC Director/PDMR Shareholding (8329U)
23 January 2017 - 8:18PM
UK Regulatory
TIDMSCPA
RNS Number : 8329U
Scapa Group PLC
23 January 2017
23 January 2017
SCAPA GROUP PLC
Director/PDMR Notification
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Scapa Group plc (AIM: SCPA), a global supplier of bonding
solutions and manufacturer of adhesive-based products for the
Healthcare and Industrial markets, was notified on 20 January 2017
that James Archibald Simpson Wallace, Group Chairman of the
Company, sold 200,000 ordinary shares of 0.5 pence each in the
share capital of the Company ("Ordinary Shares") at a price of 320
pence per Ordinary Share on 18 January 2017 and 200,000 ordinary
shares of 0.5 pence each in the share capital of the Company
("Ordinary Shares") at a price of 320.13 pence per Ordinary Share
on 20 January 2017, as detailed below.
On 15 December 2016, Mr Wallace announced his retirement as
Chairman of the Board of Scapa Group plc with effect from 31 March
2017, at which point Mr Larry Pentz will assume Chairmanship.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name James Archibald Simpson
Wallace
--- ------------------------------ ---------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position / status Group Chairman
--- ------------------------------ ---------------------------
b) Initial notification Initial notification
/ amendment
--- ------------------------------ ---------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- -----------------------------------------------------------
a) Name Scapa Group plc
--- ------------------------------ ---------------------------
b) LEI 213800QIPVTK5ES5UU36
--- ------------------------------ ---------------------------
4 Details of the transaction(s): section to be
repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; (iv)
each place where transactions have been conducted
--- -----------------------------------------------------------
a) Description of financial Ordinary shares of 5p each
instrument,
type of instrument
Identification Code GB0007281198
--- ------------------------------ ---------------------------
b) Nature of the transaction Sale of shares
--- ------------------------------ ---------------------------
c) Price(s) and volume(s) Sale of 200,000 shares
at 320p per share
Sale of 200,000 shares
at 320.13p per share
--- ------------------------------ ---------------------------
d) Aggregated information
* Aggregated volume n/a
* Price
--- ------------------------------ ---------------------------
e) Date of the transaction 18 and 20 January 2017
--- ------------------------------ ---------------------------
f) Place of the transaction London
--- ------------------------------ ---------------------------
For further information please contact:-
Graham Hardcastle Group Finance Director/Company Secretary
Scapa Group plc
Tel: 0161 301 7400
Richard Thomas Numis Securities Limited
Nominated Adviser and Joint Broker
Tel: 0207 260 1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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