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Synthomer PLC — Director's Dealing 2021
Mar 12, 2021
4649_dirs_2021-03-12_6dd1df49-ecd2-47d6-87f4-ad60b1f79930.html
Director's Dealing
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RNS Number : 1617S
Synthomer PLC
12 March 2021
LEI: 213800EHT3TI1KPQQJ56
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 10 March 2021 Stephen Bennett, Chief Financial Officer, Synthomer plc (the "Company"), exercised nil cost long term incetive plan awards over 36,660 ordinary shares granted across 2017 and 2018 under the Company's 2011 Performance Share Plan. Mr Bennett has retained 19,430 of the resultant shares and disposed of 17,230 of the resultant shares to satisfy tax liabilities arising on the exercise.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Stephen Bennett | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Synthomer plc | |||
| b) | LEI | 213800EHT3TI1KPQQJ56 | |||
| 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 | Ordinary shares of 10p each | |||
| Identification code | GB0009887422 | ||||
| b) | Nature of the transaction | Exercise of long term incentive plan awards granted in 2017 and 2018 under the 2011 Performance Share Plan and disposal of sufficient resultant shares to cover tax and NI liability. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| Nil | 19,430 (Retained) | ||||
| Nil | 17,230 (Disposed) | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | 19,430 | ||||
| - Price | Nil | ||||
| e) | Date of the transaction | 10 March 2021 | |||
| f) | Place of the transaction | London |
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