ALUMASC GROUP PLC — Director's Dealing 2021

Oct 12, 2021

National Storage Mechanism | Additional information

RNS Number : 8398O

Alumasc Group PLC

12 October 2021

The Alumasc Group plc

12 October 2021

Director Dealings

On 11 October 2021, The Alumasc Group plc (the 'Company') was notified of the following transactions which took place with respect to Paul Hooper, Chief Executive Officer of the Company, Gilbert Jackson, Executive Director and Michael Leaf, Executive Director, relating to the vesting of share awards held under the Alumasc 2018 Long Term Incentive Plan.  Additionally, Mr Jackson and Mr Leaf sold part of their resulting holdings as further detailed below to cover tax and NI liabilities arising on the vesting of awards and Michael Leaf transferred his resulting shares to Mrs Luan Leaf, a closely associated person.

Following these transactions, the resulting number of Ordinary Shares of 12.5p each ('Shares') in the capital of the Company held by the above Directors or by their Closely Associated Persons were:

	Total holding of Shares	% of issued share capital
Paul Hooper	881,766	2.44%
Gilbert Jackson	22,950	0.06%
Michael Leaf	36,937	0.10%

Settlement of all of the above awards were made from existing ordinary shares held by the Alumasc Employee Benefit Trust.

For further information in respect of this announcement: Helen Ashton, Group Company Secretary

Date of Notification: 12 October 2021

Tel: 01536 383844

1.        

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Paul Hooper

2.         

Reason for the notification

a.         

Position/status

Chief Executive Officer and PDMR

b.         

Initial notification

/Amendment

Initial notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.        

Name

The Alumasc Group plc

b.        

LEI

2138002MV11VKZFJ4359

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

Identification code

Ordinary 12.5p shares

GB0000280353

b.         

Nature of the transaction

Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan.

c.         

Price(s) and volume(s)

Exercise of Long Term Incentive Plan awards (nil cost options)

Chief Executive Officer and PDMR	Price(s)	Volume(s)
Paul Hooper	Nil	111,810

d.         

Aggregated information

·      Aggregated volume

·      Price

Exercise of Long Term Incentive Plan awards

111,810 Ordinary Shares acquired at nil cost

e.         

Date of the transaction

2021-10-11

f.         

Place of the transaction

Off Market

1.

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Gilbert Jackson

2.         

Reason for the notification

a.         

Position/status

Executive Director and PDMR

b.         

Initial notification

/Amendment

Initial notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.        

Name

The Alumasc Group plc

b.        

LEI

2138002MV11VKZFJ4359

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

Identification code

Ordinary 12.5p shares

GB0000280353

b.         

Nature of the transaction

(1)   Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan.

(2)   Shares sold to cover the tax liability on vesting.

c.         

Price(s) and volume(s)

Exercise of Long Term Incentive Plan awards (nil cost options)

Executive Director and PDMR	Price(s)	Volume(s)
Total number of shares on vesting	Nil	43,303
Shares sold to cover tax liabilities on vesting	225p	20,353

d.         

Aggregated information

·      Aggregated volume

·      Price

Exercise of Long Term Incentive Plan awards (nil cost options)

Executive Director and PDMR	Price(s)	Volume(s)
Total number of shares on vesting	Nil	43,303
Shares sold to cover tax liabilities on vesting	225p	20,353

e.         

Date of the transaction

2021-10-11

f.         

Place of the transaction

Off Market

1.

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Michael Leaf

2.         

Reason for the notification

a.         

Position/status

Executive Director and PDMR

b.         

Initial notification

/Amendment

Initial notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.        

Name

The Alumasc Group plc

b.        

LEI

2138002MV11VKZFJ4359

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

Identification code

Ordinary 12.5p shares

GB0000280353

b.         

Nature of the transaction

(1)   Exercise of nil cost options under The Alumasc Group plc Long Term Incentive Plan.

(2)   Shares sold to cover the tax liability on vesting.

(3)   Shares transferred to Mrs Luan Leaf, a closely associated person

c.         

Price(s) and volume(s)

Exercise of Long Term Incentive Plan awards (nil cost options)

Executive Director and PDMR	Price(s)	Volume(s)
Total number of shares on vesting	Nil	38,798
Shares sold to cover tax liabilities on vesting	225p	18,236
Shares transferred to a Closely Associated Person, Mrs L Leaf	Nil	20,562

d.         

Aggregated information

·      Aggregated volume

·      Price

Exercise of Long Term Incentive Plan awards (nil cost options)

Executive Director and PDMR	Price(s)	Volume(s)
Total number of shares on vesting	Nil	38,798
Shares sold to cover tax liabilities on vesting	225p	18,236
Shares transferred to a Closely Associated Person, Mrs L Leaf	Nil	20,562

e.         

Date of the transaction

2021-10-11

f.         

Place of the transaction

Off Market

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