RNS Number : 7862S
Alumasc Group PLC
21 March 2016
 

Monday 21 March 2016

 

 

 

THE ALUMASC GROUP PLC (the "Company")

Director/PDMR Shareholding

 

 

Exercise of options under the Company's Long Term Investment Plan ("LTIP")

 

The Company has received notification that on 18 March 2016 the following directors exercised nil cost option awards in accordance with the rules of the 2008 LTIP scheme:

 

Director

No. of options exercised

Percentage of issued ordinary share capital

G Paul Hooper

87,259

0.24%

Andrew Magson

36,538

0.10%

 

The participants in the 2008 LTIP scheme are not required to make any payment for the exercised shares, which vested on 18 March 2016 following the achievement of specified performance targets as detailed in the Company's 2015 Annual Report and Accounts.

 

Total shareholding following notification

 

As a result of these transactions, the directors' total holdings of ordinary shares in the Company are as follows:

 

Director

Number of ordinary shares beneficially owned

Percentage of issued ordinary share capital

G Paul Hooper

191,902

0.53%

Andrew Magson

61,538

0.17%

 

Enquiries:

 

The Alumasc Group plc

01536 383814

John Douglas

Deputy Group Company Secretary

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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