AI assistant
ALUMASC GROUP PLC — Director's Dealing 2016
Mar 21, 2016
7480_dirs_2016-03-21_78632964-74e3-4c38-93ad-26874731688e.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.
RNS Number : 7862S
Alumasc Group PLC
21 March 2016
Monday 21 March 2016
THE ALUMASC GROUP PLC (the "Company")
Director/PDMR Shareholding
Exercise of options under the Company's Long Term Investment Plan ("LTIP")
The Company has received notification that on 18 March 2016 the following directors exercised nil cost option awards in accordance with the rules of the 2008 LTIP scheme:
| Director | No. of options exercised | Percentage of issued ordinary share capital |
| G Paul Hooper | 87,259 | 0.24% |
| Andrew Magson | 36,538 | 0.10% |
The participants in the 2008 LTIP scheme are not required to make any payment for the exercised shares, which vested on 18 March 2016 following the achievement of specified performance targets as detailed in the Company's 2015 Annual Report and Accounts.
Total shareholding following notification
As a result of these transactions, the directors' total holdings of ordinary shares in the Company are as follows:
| Director | Number of ordinary shares beneficially owned | Percentage of issued ordinary share capital |
| G Paul Hooper | 191,902 | 0.53% |
| Andrew Magson | 61,538 | 0.17% |
Enquiries:
| The Alumasc Group plc | 01536 383814 |
| John Douglas Deputy Group Company Secretary |
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSSELFLFFMSEDD