RNS Number : 9507R
Polypipe Group PLC
18 September 2014
 



18 September 2014

Polypipe Group plc

Notification of Transactions of Directors / Persons Discharging Managerial Responsibility

 

Polypipe Group plc (the "Company") today announces that share options over ordinary shares of £0.001 each, in the Company, have today been granted to the following Persons Discharging Managerial Responsibility ("PDMRs") under the terms of the Company's Sharesave Plan ("Plan"). 

 

Name of Director / PDMR
Number of options awarded
Total options held following award
Adam Woolgar
1,809
1,809
Andy Warchol
3,618
3,618
Cameron McLellan
9,045
9,045
David Hall
9,045
9,045
Glen Sabin
9,045
9,045
John Chambers
3,618
3,618
Keir Littlewood
9,045
9,045
Lee Dawes
3,618
3,618
Lyndon Wilson
9,045
9,045
Mark Hughes
9,045
9,045
Neil Tilsley
9,045
9,045
Paul Manning
9,045
9,045
Paula Mullin
4,523
4,523
Peter Shepherd
9,045
9,045
Peter Roper
9,045
9,045

 

Each option is exercisable at an option price of £1.99. The option exercise price represents a 20% discount to the average closing price of a share on the three dealing days prior to the invitation to participate in the Company's Plan which was 26 August 2014.  No performance conditions attach to these options which may be exercisable in three years' time from the date of grant.

 

Enquiries:

Polypipe Group plc

Peter Shepherd, Chief Financial Officer                            44 (0) 1709 770 000

Brunswick

Simon Maine

 

44 (0) 20 7404 5959

 


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