Scapa Group PLC Director/PDMR Shareholding (1471K)
December 11 2018 - 9:52AM
UK Regulatory
TIDMSCPA
RNS Number : 1471K
Scapa Group PLC
11 December 2018
11 December 2018
LEI No. 213800QIPVTK5ES5UU36
SCAPA GROUP PLC
('the Company')
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ('PDMR') and persons
closely associated with them ('PCA')
Scapa Group plc (AIM: SCPA) announces that it has issued 11,320
ordinary 5p shares in the capital of the Company ("Ordinary
Shares"), of which 5,660 Ordinary Shares have been allotted to Mr
Heejae Richard Chae following the exercise of his options under the
Scapa Group plc Savings Related Share Option Plan 2011, at an
option price paid of 159 pence per Ordinary Share. The shares have
been admitted to trading on AIM. The Company's issued share capital
is now 154,434,229. There are no Ordinary Shares held in treasury
and accordingly, the number of Ordinary Shares with voting rights
is 154,434,229. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in the Company under the FCA's Disclosure Guidance and
Transparency Rules.
Mr Chae's holding in the Company following the exercise is as
follows:-
Director No. of Ordinary No. of Ordinary No. of Ordinary Percentage of
Shares held Shares Exercised Shares held Issued Share
prior following Exercise Capital following
to Exercise Exercise
Heejae Richard
Chae 1,124,734 5,660 1,130,394 0.73%
---------------- ------------------ -------------------- -------------------
The notification set out in the Annex below, which was made in
accordance with the requirements of Article 19 of the Market Abuse
Regulation, provides further details of such exercise and sale.
ANNEX
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Heejae Richard Chae
------------------------------------- -------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position / status Chief Executive Officer
------------------------------------- -------------------------------
b) Initial notification / amendment Initial notification
------------------------------------- -------------------------------
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 instrument, Ordinary Shares of 5p each
type of instrument
------------------------------------- -------------------------------
Identification Code GB0007281198
------------------------------------- -------------------------------
b) Nature of the transactions Exercise of share option
------------------------------------- -------------------------------
c) Price(s) and volume(s) 5,660 shares at 159p per share
------------------------------------- -------------------------------
d) Aggregated information n/a
* Aggregated volume
* Price
------------------------------------- -------------------------------
e) Date of the transactions 11 December 2018
------------------------------------- -------------------------------
f) Place of the transactions London Stock Exchange, AIM
------------------------------------- -------------------------------
For further information:
Scapa Group plc:
Wendy Baker +44 (0) 161 301 7400
Company Secretary
Numis Securities Limited: +44 (0) 20 7260 1000
Mark Lander/ Richard Thomas
(Joint Broker/Nominated Adviser)
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END
DSHUAVSRWRAUAAA
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