Zotefoams plc
(the 'Company')
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs
28 May 2024 - The Company has received notification that on 23 and 24 May 2024, the following Directors and Persons Discharging Managerial Responsibilities (PDMR) traded in a number of ordinary shares of 5 pence in the Company as detailed below.
|
| Name | Number of shares acquired | Number of shares sold
| Share Price £ | Transaction date |
| Director | L Drummond | 1,702 | - | 5.2533 | 24 May 2024 |
| PDMR | D B Stirling | - | 125,000 | 5.2500 | 23 May 2024 |
As previously announced, D B Stirling retired as Group CEO and stepped down from the Board following the Company's Annual General Meeting on 22 May 2024. Following the sale of shares set out above, D B Stirling continues to hold 370,417 ordinary shares of 5 pence each in the Company.
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
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 and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA and Stilling, Denmark (microcellular foam technology) and Jiangsu Province, China (T-FIT).
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: Lynn Drummond | ||||
2. | Reason for the notification | ||||
| a) | Position/status: Company Chair | ||||
| 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: Acquisition of ordinary shares | ||||
| c) | Price(s) and volume(s):
| ||||
| d) | Aggregated information: n/a | ||||
| e) | Date of the transaction: 24 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: David Burns Stirling | ||||
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: Disposal of ordinary shares | ||||
| c) | Price(s) and volume(s):
| ||||
| d) | Aggregated information: n/a | ||||
| e) | Date of the transaction: 23 May 2024 | ||||
| f) | Place of the transaction: XLON |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.