Plastics Capital PLC Director/PDMR Shareholding (5385K)
14 December 2018 - 9:35PM
UK Regulatory
TIDMPLA
RNS Number : 5385K
Plastics Capital PLC
14 December 2018
Plastics Capital plc
(the "Company" or the "Group")
Director/PDMR Dealing
The Company announces that BW Family Ltd, a trust set up for the
benefit of Keith Butler Wheelhouse and his family, and which is
considered to be a person closely associated with Mr
Butler-Wheelhouse, Non-Executive Director of the Company, made the
following purchases of ordinary shares of 1p each in the Company
("Ordinary Shares"):
Date of purchase Number of Ordinary Price paid per share
Shares purchased
13 December 2018 5,000 109.925p
------------------- ---------------------
13 December 2018 1,500 110p
------------------- ---------------------
Following these transactions, Mr Butler-Wheelhouse has a total
beneficial interest in 376,298 ordinary shares in the Company.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name BW Family Ltd
--------------------- --------------------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status Trust set up for the benefit of Keith Butler
Wheelhouse and his family, and which is considered
to be a person closely associated with Mr Butler-Wheelhouse,
Non-Executive Director of Plastics Capital plc
--------------------- --------------------------------------------------------------
b) Initial notification Initial
/Amendment
--------------------- --------------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------
a) Name Plastics Capital plc
--------------------- --------------------------------------------------------------
b) LEI
213800EN5TUVOZKU6W30
--------------------- --------------------------------------------------------------
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 Ordinary shares of 1p each
instrument,
type of instrument ISIN: GB00B289KK20
Identification
code
--------------------- --------------------------------------------------------------
b) Nature of the Purchase of ordinary shares of 1p each
transaction
--------------------- --------------------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 1. 109.925p 1. 5,000
2. 110p 2. 1,500
--------------------- --------------------------------------------------------------
d) Aggregated
information
- Aggregated 6,500
volume
Volume weighted average price of 109.942p
- Price
--------------------- --------------------------------------------------------------
e) Date of the 13 December 2018
transactions
--------------------- --------------------------------------------------------------
f) Place of the London Stock Exchange
transactions
--------------------- --------------------------------------------------------------
Plastics Capital plc Tel: 020 7978 0574
Faisal Rahmatallah,
Chairman
Nick Ball, Finance
Director
Cenkos Securities Tel: 020 7397 8900
(Nomad and joint broker)
Mark Connelly
Callum Davidson
Allenby Capital Limited Tel: 020 3328 5656
(Joint broker)
David Hart
Notes to Editor
Plastics Capital is a niche manufacturer of specialist plastic
products. Applications for these products vary widely and examples
include:
-- Packaging for the food manufacturing and distribution - films, sacks and pouches
-- Steering columns and instrument control knobs in the
automotive industry - plastic ball bearings
-- Hydraulic and industrial rubber hose manufacture - various types of plastic mandrel
-- Cardboard box manufacture - plastic creasing matrices
Plastics Capital's business model is based on understanding
customers' problems in depth, and then developing and mass
producing proprietary, technical solutions for these problems.
The business operates through two divisions, Films and
Industrial, and has the majority of its production in six UK based
factories, with a further two factories in Asia and one in the USA.
Approximately 50% of its GBP77 million sales are made outside the
UK to more than 80 countries.
Further information can be found on www.plasticscapital.com
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
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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