REG - Zotefoams PLC - Notification Of Transactions Of Directors/PDMRs
10/05/2024 07:00
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RNS Number : 8885N Zotefoams PLC 10 May 2024
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
.
3
2
H D Morgan LTIP 2021 20,784 10,995 9,789 4.32
DBSP 2020 1,408 744 664 4
.
3
2
B Sala LTIP 2021 13,223 6,995 6,228 4.32
DBSP 2020 1,744 922 822 4
.
3
2
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:
+44 (0) 208 664 1600
Zotefoams plc
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 (http://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):
Volume Price
1,835 £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 retention of shares under the Deferred
Bonus Share Plan
c) Price(s) and volume(s):
Volume Price
2,061 £4.32
d) Aggregated information:
n/a
e) Date of the transaction: 8 May 2024
f) Place of the transaction: XLON
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):
Volume Price
2,061 £4.32
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):
Volume Price
1,649 £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 retention of shares under the Deferred
Bonus Share Plan
c) Price(s) and volume(s):
Volume Price
1,850 £4.32
d) Aggregated information:
n/a
e) Date of the transaction: 8 May 2024
f) Place of the transaction: XLON
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):
Volume Price
1,850 £4.32
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):
Volume Price
2,001 £4.32
d) Aggregated information:
n/a
e) Date of the transaction: 8 May 2024
f) Place of the transaction: XLON
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):
Volume Price
2,001 £4.32
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):
Volume Price
9,789 £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 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):
Volume Price
664 £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 retention of shares under the Deferred
Bonus Share Plan
c) Price(s) and volume(s):
Volume Price
744 £4.32
d) Aggregated information:
n/a
e) Date of the transaction: 8 May 2024
f) Place of the transaction: XLON
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):
Volume Price
664 £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 retention of shares under the Deferred
Bonus Share Plan
c)
Price(s) and volume(s):
Volume Price
744 £4.32
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):
Volume Price
6,228 £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 retention of shares under the
Long-Term Incentive Plan
c) Price(s) and volume(s):
Volume Price
6,995 £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):
Volume Price
822 £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 retention of shares under the Deferred
Bonus Share Plan
c) Price(s) and volume(s):
Volume Price
922 £4.32
d) Aggregated information:
n/a
e) Date of the transaction: 8 May 2024
f) Place of the transaction: XLON
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
6,995 £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):
Volume Price
822 £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 retention of shares under the Deferred
Bonus Share Plan
c)
Price(s) and volume(s):
Volume Price
922 £4.32
d)
Aggregated information:
n/a
e)
Date of the transaction: 8 May 2024
f)
Place of the transaction: XLON
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