Zotefoams
plc
(the
'Company')
NOTIFICATION OF TRANSACTIONS
OF DIRECTORS/PDMRs
10
May 2024 - On 8 May 2024 the Company
received notice from its Employee Benefit Trust of the exercise of
nil cost options granted over ordinary shares of 5 pence each
('Shares') under the Company's Long-Term Incentive Plan ('LTIP')
and the Company's Deferred Bonus Share Plan ('DBSP') as
follows:
|
Directors
|
|
|
Award
|
Number of shares
exercised
|
Number of shares
retained
|
Number of shares sold for
tax
|
Share price
£
|
|
D B
Stirling
|
DBSP
2020
|
3,896
|
2,061
|
1,835
|
4.32
|
|
G C
McGrath
|
DBSP
2020
|
3,499
|
1,850
|
1,649
|
4.32
|
|
Person Discharging Managerial
Responsibilities (PDMRs)
|
|
|
Award
|
Number of shares
exercised
|
Number of shares
retained
|
Number of shares sold for
tax
|
Share price
£
|
|
K D
Hewson
|
LTIP
2021
|
22,591
|
0
|
0
|
4.32
|
|
DBSP
2020
|
2,001
|
0
|
0
|
4.32
|
|
H D
Morgan
|
LTIP
2021
|
20,784
|
10,995
|
9,789
|
4.32
|
|
DBSP
2020
|
1,408
|
744
|
664
|
4.32
|
|
B
Sala
|
LTIP
2021
|
13,223
|
6,995
|
6,228
|
4.32
|
|
DBSP
2020
|
1,744
|
922
|
822
|
4.32
|
|
|
|
|
|
|
|
|
| |
Awards granted under the LTIP vest
subject to the satisfaction of performance targets over the
three-year performance period.
All awards were increased to reflect
the dividends paid during the restricted period.
The Notification of Dealing Form can
be found below.
This announcement is made in
accordance with the requirements of Article 19 of the UK Market
Abuse Regulation.
Lydia Harratt
Group Company Secretary
Zotefoams plc
020 8664 1600
Enquiries:
|
Zotefoams plc
|
+44
(0) 208 664 1600
|
|
David Stirling,
Group CEO
|
|
|
Gary McGrath, Group CFO
|
|
|
|
|
|
IFC
Advisory
|
+44
(0) 203 934 6630
|
|
Graham Herring
Tim Metcalfe
Zach Cohen
|
|
About Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world
leader in cellular materials technology delivering optimal material
solutions for the benefit of society. Utilising a variety of unique
manufacturing processes, including environmentally friendly
nitrogen expansion for lightweight AZOTE® polyolefin and
ZOTEK® high-performance foams, Zotefoams sells to
diverse markets worldwide. Zotefoams uses its own cellular
materials to manufacture T-FIT® advanced insulation for
demanding industrial markets. Zotefoams also owns and licenses
patented microcellular foam technology to reduce plastic use in
extrusion applications and for ReZorce® mono-material
recyclable barrier packaging.
Zotefoams is headquartered in
Croydon, UK, with additional manufacturing sites in Kentucky, USA,
Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products
manufacture and conversion), Massachusetts, USA, Stilling, Denmark
(microcellular foam technology) and Jiangsu Province, China
(T-FIT).
www.zotefoams.com
AZOTE®,
ZOTEK®, ReZorce® and T-FIT® are
registered trademarks of Zotefoams plc.
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 Burns
Stirling
|
2.
|
Reason for the
notification
|
|
a)
|
Position/status: Group
CEO
|
|
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: Exercise and sale of shares for tax under the Deferred
Bonus Share Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Exercise and retention of shares under the Deferred
Bonus Share Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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 Christopher
McGrath
|
2.
|
Reason for the
notification
|
|
a)
|
Position/status: Group
CFO
|
|
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: Exercise and sale of shares for tax under the Deferred
Bonus Share Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Exercise and retention of shares under the Deferred
Bonus Share Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Karl David
Hewson
|
2.
|
Reason for the
notification
|
|
a)
|
Position/status:
Senior Executive
|
|
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: Exercise and sale of shares under the Long-Term
Incentive Plan
|
|
c)
|
Price(s) and
volume(s):
|
Volume
|
Price
|
|
22,591
|
£4.32
|
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Exercise and sale of shares under the Deferred Bous
Share Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Hugh De Riemer
Morgan
|
2.
|
Reason for the
notification
|
|
a)
|
Position/status:
Senior Executive
|
|
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: Exercise and sale of shares for tax under the
Long-Term Incentive Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Exercise and retention of shares under the Long-Term
Incentive Plan
|
|
c)
|
Price(s) and
volume(s):
|
Volume
|
Price
|
|
10,995
|
£4.32
|
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Exercise and sale of shares for tax under the Deferred
Bonus Share Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Exercise and retention of shares under the Deferred
Bonus Share Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Benito
Sala
|
2.
|
Reason for the
notification
|
|
a)
|
Position/status:
Senior Executive
|
|
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: Exercise and sale of shares for tax under the
Long-Term Incentive Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Exercise and retention of shares under the Long-Term
Incentive Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Exercise and sale of shares for tax under the Deferred
Bonus Share Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
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: Exercise and retention of shares under the Deferred
Bonus Share Plan
|
|
c)
|
Price(s) and
volume(s):
|
|
d)
|
Aggregated
information:
n/a
|
|
e)
|
Date of the
transaction: 8 May 2024
|
|
f)
|
Place of the
transaction: XLON
|
