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Scapa Group PLC

Scapa Group PLC - Director/PDMR Shareholding

RNS Number : 0783R
Scapa Group PLC
25 June 2020
 

25 June 2020

LEI No. 213800QIPVTK5ES5UU36

 

SCAPA GROUP PLC

('the Company')

 

Director/PDMR Shareholding

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR')

 

Scapa Group plc (AIM: SCPA) announces that it was notified on 24 June 2020 that Mr Heejae Chae, Group Chief Executive of the Company, purchased 19,899 Ordinary shares in the Company on 24 June 2020 at a price of 100.0 pence per share. Mr Chae's beneficial holding in the Company following the purchase is as follows:

 

Director/Person Closely
Associated

No. of Ordinary Shares held prior to Purchase

No. of Ordinary Shares Purchased

No. of Ordinary Shares held following Purchase

Percentage of Issued Share Capital following Purchase

Heejae Chae

1,124,324

19,899

1,144,223

0.61%

 

Mr Chae also has a beneficial interest in respect of 1,645,766 (1.06%) Ordinary Shares, under the Scapa Group plc 2015 Value Creation Plan and 152,613 Ordinary Shares (0.10%) under the Scapa Group plc 2011 Performance Share Plan.  These shares have vested and will be released to Mr Chae upon exercise pursuant to the respective plan rules. 

 

The notification below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further detail.

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Heejae Chae

 

2

Reason for the notification

 

a)

Position / status

Group Chief Executive

 

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,

type of instrument

Ordinary Shares of 5p each

 

Identification Code

 

GB0007281198

b)

Nature of the transaction

Purchase of shares

 

c)

Price(s) and volume(s)

 

Purchase of 19,899 shares at 100p per share

d)

Aggregated information

-      Aggregated volume

-      Price

Volume: 19,899 ordinary shares of 5p each, purchase price of 100 pence per share

Aggregated: £19,899

 

e)

Date of the transaction

 

24 June 2020

f)

Place of the transaction

 

London Stock Exchange, AIM

 

For further information:

 

Scapa Group plc:

Wendy Baker

Company Secretary

+44 (0) 161 301 7400

Numis Securities Limited:

Mark Lander/ Freddie Barnfield / Duncan Monteith

(Joint Broker/Nominated Adviser)

+44 (0) 20 7260 1000

 

 

 

 

 

 


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