14 February 2024
The Alumasc Group plc
(the "Company")
PDMR dealing
The Company announces that on 13 February 2024 Helen Ashton, a person discharging managerial responsibilities, has exercised options over 20,000 ordinary shares of 12.5p each ("Ordinary Shares"), 10,000 options with an exercise price of 82.5p each and 10,000 options with an exercise price of 79p each and sold 8,682 Ordinary Shares to cover the option exercise cost at 186p per share. Options were held under the terms of the 2019 and 2020 Alumasc Employee Share Option Scheme.
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the transaction.
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 | Helen Ashton
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| 2. | Reason for the notification | |||||||||||||||||||||||
| a. | Position/status | Person discharging managerial responsibilities
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| b. | Initial notification /Amendment
| Initial notification
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| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||
| a. | Name | The Alumasc Group plc
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| b. | LEI | 2138002MV11VKZFJ4359
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| 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
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Ordinary 12.5p shares
GB0000280353 | ||||||||||||||||||||||
| b. | Nature of the transaction | Exercise of 20,000 options in aggregate over ordinary shares awarded under The Alumasc Group plc 2019 Executive Share Option Plan (2019 ESOS Award) and the 2020 Executive Share Option Plan (2020 ESOS Award) and sale of 8,682 ordinary shares.
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| c. | Price(s) and volume(s) |
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| d. | Aggregated information · Aggregated volume · Price
| Exercise of options over 20,000 Ordinary 12.5p shares at an average price of 80.75 pence per share.
Sale of 8,682 Ordinary 12.5p shares at £1.86 per share | ||||||||||||||||||||||
| e. | Date of the transaction | 2024-2-13
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| f. | Place of the transaction | London Stock Exchange, AIM Market (XLON)
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For further details, please contact:
Helen Ashton, Group Company Secretary: 01536 383812
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