ZOTEFOAMS PLC — Director's Dealing 2024

May 10, 2024

National Storage Mechanism | Additional information

RNS Number : 8885N

Zotefoams PLC

10 May 2024

Zotefoams plc

(the 'Company')

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs

10 May 2024 - On 8 May 2024 the Company received notice from its Employee Benefit Trust of the exercise of nil cost options granted over ordinary shares of 5 pence each ('Shares') under the Company's Long-Term Incentive Plan ('LTIP') and the Company's Deferred Bonus Share Plan ('DBSP') as follows:

Directors
		Award		Number of shares exercised	Number of shares retained	Number of shares sold for tax	Share price £
D B Stirling		DBSP 2020		3,896	2,061	1,835	4.32
G C McGrath		DBSP 2020		3,499	1,850	1,649	4.32
Person Discharging Managerial Responsibilities (PDMRs)
	Award		Number of shares exercised		Number of shares retained	Number of shares sold for tax		Share price £
K D Hewson	LTIP 2021		22,591		0	0		4.32
DBSP 2020		2,001		0	0		4.32
H D Morgan	LTIP 2021		20,784		10,995	9,789		4.32
DBSP 2020		1,408		744	664		4.32
B Sala	LTIP 2021		13,223		6,995	6,228		4.32
DBSP 2020		1,744		922	822		4.32

Awards granted under the LTIP vest subject to the satisfaction of performance targets over the three-year performance period.

All awards were increased to reflect the dividends paid during the restricted period.

The Notification of Dealing Form can be found below.

This announcement is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

Lydia Harratt

Group Company Secretary

Zotefoams plc

020 8664 1600

Enquiries:

Zotefoams plc	+44 (0) 208 664 1600
David Stirling, Group CEO
Gary McGrath, Group CFO
IFC Advisory	+44 (0) 203 934 6630
Graham Herring Tim Metcalfe Zach Cohen

About Zotefoams plc

Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology delivering optimal material solutions for the benefit of society. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE® polyolefin and ZOTEK® high-performance foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT® advanced insulation for demanding industrial markets. Zotefoams also owns and licenses patented microcellular foam technology to reduce plastic use in extrusion applications and for ReZorce® mono-material recyclable barrier packaging.

Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky, USA, Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA, Stilling, Denmark (microcellular foam technology) and Jiangsu Province, China (T-FIT).

www.zotefoams.com

AZOTE®, ZOTEK®, ReZorce® and T-FIT® are registered trademarks of Zotefoams plc.

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: David Burns Stirling

2.

Reason for the notification

a)

Position/status: Group CEO

b)

Initial notification/Amendment: Initial notification

3.

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

a)

Name:   Zotefoams plc

b)

LEI: 213800B6P256B5XN8D32

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and sale of shares for tax under the Deferred Bonus Share Plan

c)

Price(s) and volume(s):

Volume	Price
1,835	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and retention of shares under the Deferred Bonus Share Plan

c)

Price(s) and volume(s):

Volume	Price
2,061	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Gary Christopher McGrath

2.

Reason for the notification

a)

Position/status: Group CFO

b)

Initial notification/Amendment: Initial notification

3.

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

a)

Name:   Zotefoams plc

b)

LEI: 213800B6P256B5XN8D32

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and sale of shares for tax under the Deferred Bonus Share Plan

c)

Price(s) and volume(s):

Volume	Price
1,649	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and retention of shares under the Deferred Bonus Share Plan

c)

Price(s) and volume(s):

Volume	Price
1,850	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Karl David Hewson

2.

Reason for the notification

a)

Position/status: Senior Executive

b)

Initial notification/Amendment: Initial notification

3.

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

a)

Name:   Zotefoams plc

b)

LEI: 213800B6P256B5XN8D32

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and sale of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Volume	Price
22,591	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and sale of shares under the Deferred Bous Share Plan

c)

Price(s) and volume(s):

Volume	Price
2,001	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Hugh De Riemer Morgan

2.

Reason for the notification

a)

Position/status: Senior Executive

b)

Initial notification/Amendment: Initial notification

3.

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

a)

Name:   Zotefoams plc

b)

LEI: 213800B6P256B5XN8D32

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and sale of shares for tax under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Volume	Price
9,789	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and retention of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Volume	Price
10,995	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and sale of shares for tax under the Deferred Bonus Share Plan

c)

Price(s) and volume(s):

Volume	Price
664	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and retention of shares under the Deferred Bonus Share Plan

c)

Price(s) and volume(s):

Volume	Price
744	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

ZOTEFOAMS PLC

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Benito Sala

2.

Reason for the notification

a)

Position/status: Senior Executive

b)

Initial notification/Amendment: Initial notification

3.

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

a)

Name:   Zotefoams plc

b)

LEI: 213800B6P256B5XN8D32

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and sale of shares for tax under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Volume	Price
6,228	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and retention of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s):

Volume	Price
6,995	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and sale of shares for tax under the Deferred Bonus Share Plan

c)

Price(s) and volume(s):

Volume	Price
822	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

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 5 pence each

Identification code: GB0009896605

b)

Nature of the transaction: Exercise and retention of shares under the Deferred Bonus Share Plan

c)

Price(s) and volume(s):

Volume	Price
922	£4.32

d)

Aggregated information:

n/a

e)

Date of the transaction: 8 May 2024

f)

Place of the transaction: XLON

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