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RNS Number : 4947I
Alumasc Group PLC
26 November 2018
 

26 November 2018

 

The Alumasc Group plc (the "Company")

 

NOTIFICATION OF TRANSACTION BY A DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY

 

The Company was notified that, on 23 November 2018, Gilbert Jackson, a person discharging managerial responsibility in the Company ("PDMR"), acquired Ordinary Shares of 12.5 pence each in the Company ("Shares") at nil cost following the vesting on 13 March 2018 of a share award under the Company's Long Term Incentive Plan and sold those Shares at the price shown below, in part to cover the tax and social security due.  The Shares acquired were existing Shares in issue held by the Alumasc Group Employee Trust.

 

PDMR

No. of Shares vested

No. of Shares sold

Sale price

Gilbert Jackson

19,000

19,000

127.37p

 

 

 

The Notification of Dealing Form for the above PDMR can be found below. This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.

 

·         

Details of the person discharging managerial responsibilities / person closely associated

·          

Name

Gilbert Jackson

 

·          

Reason for the notification

·          

Position/status

Persons Discharging Managerial responsibility

 

·          

Initial notification

/Amendment

 

Initial notification

 

·          

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

·         

Name

The Alumasc Group plc

 

·         

LEI

2138002MV11VKZFJ4359

 

·          

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

·          

Description of the

Financial instrument, type

of instrument

Identification code

 

 

Ordinary 12.5p shares

 

 

GB0000280353

·          

Nature of the transaction

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

 

·          

Price(s) and volume(s)

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

 

PDMR

Price(s)

 

Volume(s)

Gilbert Jackson

n/a

19,000

 

Sale of shares

 

PDMR

Price(s)

 

Volume(s)

Gilbert Jackson

127.37p

19,000

·          

Aggregated information

·      Aggregated volume

·      Price

 

Exercise of Long Term Incentive Plan awards

19,000 Ordinary 12.5p shares acquired through the exercise of nil cost options

 

Sale of shares

19,000 Ordinary 12.5p shares sold at 127.37 pence per share

 

·          

Date of the transaction

2018-11-23

 

·          

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

Enquiries:

Helen Ashton, Group Company Secretary Designate
The Alumasc Group plc
Station Road, Burton Latimer, Kettering, Northants NN15 5JP

Tel: 01536 383812

 


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