Director's Dealing • Apr 4, 2018
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information
RNS Number : 7089J
Polypipe Group PLC
04 April 2018
Polypipe Group plc (the "Company")
Notification of transactions by Persons Discharging Managerial Responsibilities
The Company announces that it received notification on 3 April 2018 of the acquisition by Ron Marsh, Chairman and Martin Payne, Chief Executive Officer, of Ordinary Shares of £0.001 each in the Company ("Shares"), as set out below. Following the acquisition of 100,000 Shares by Mr. Marsh and 40,000 Shares by Mr. Payne, they now hold an interest in a total of 275,000 and 109,726 Shares respectively.
The notification below, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ron Marsh
2
Reason for the notification
a)
Position/status
Chairman/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
Polypipe Group plc
b)
LEI
2138005IF1N2RKJ6KO18
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 shares of £0.001 each
GB00BKRC5K31
b)
Nature of the transaction
Acquisition of Shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £3.505 | 100,000 |
d)
Aggregated information
- Aggregated volume
- Price
100,000
£350,500
e)
Date of the transaction
3 April 2018
f)
Place of the transaction
London Stock Exchange
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Martin Payne
2
Reason for the notification
a)
Position/status
Chief Executive Officer/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
Polypipe Group plc
b)
LEI
2138005IF1N2RKJ6KO18
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 shares of £0.001 each
GB00BKRC5K31
b)
Nature of the transaction
Acquisition of Shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £3.456 | 40,000 |
d)
Aggregated information
- Aggregated volume
- Price
40,000
£138,240
e)
Date of the transaction
3 April 2018
f)
Place of the transaction
London Stock Exchange
4 April 2018
Enquiries:
Emma Versluys
Company Secretary
+44 (0)1709 770 000
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHFKNDQABKDNQK
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.