RNS Number : 5331A
Polypipe Group PLC
29 September 2015
 

 

Polypipe Group Plc

 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

 

 

 

1.

 

Name of the issuer

 

POLYPIPE GROUP PLC

 

2.

 

State whether the notification relates to (i) a transaction notified in accordance with DTR

3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act 2006, or (iii) in accordance with paragraph 26 of the Model Code

 

(i) DTR 3.1.2 R

 

3.

 

Name of person discharging managerial responsibilities/director

 

GLEN SABIN

 

4.

 

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

ALSO INCLUDES HIS WIFE MRS JOANNE SABIN

 

 

 

5.

 

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1

  IN RESPECT OF 3 ABOVE AND 4 ABOVE

 

6.

 

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

 ORDINARY SHARES OF £0.001     EACH

 

7.

 

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

PDMR NAMED IN 3 AND CONNECTED PERSON IN 4

 

 

8

 

State the nature of the transaction

 

 DISPOSAL OF SHARES

 

 

9.

 

Number of shares, debentures or financial instruments relating to shares acquired

 

N/A

 

10.

 

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

 

11.

 

Number of shares, debentures or financial instruments relating to shares disposed

IN RESPECT OF 3 ABOVE 100,000 SHARES

IN RESPECT OF 4 ABOVE 68,518 SHARES

 

12.

 

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

IN RESPECT OF 3 ABOVE 0.050%

IN RESPECT OF 4 ABOVE 0.034%

 

13.

 

Price per share or value of transaction

 

352.63 Pence PER SHARE

 

14.

 

Date and place of transaction

 

24/09/15, London UK


 

 

15.

 

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

IN RESPECT OF 3 ABOVE SHARES 403,887   0.2027%

IN RESPECT OF 4 ABOVE 731,482 SHARES   0.3671%

Total Shares 1,135,369   0.57%

 

 

16.

 

Date issuer informed of transaction

 

 

 

 

 

28 September 2015

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

 

 

17

 

Date of grant

 

 

N/A

 

18.

 

Period during which or date on which exercisable

 

 

N/A

 

19.

 

Total amount paid (if any) for grant of the option

 

 

N/A

 

20.

 

Description of shares or debentures involved (class and number)

 

 

N/A

 

21.

 

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22.

 

Total number of shares or debentures over which options held following notification

 

N/A

 

23.

 

Any additional information

 

N/A

 

24.

 

Name of contact and telephone number for queries

 

Peter Shepherd

Chief Financial Officer

01709 772249

 

 

 

Name of authorised officer of issuer responsible for making notification

 

 

 

 

Date of notification  28 September 2015                                                       

 

 

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

(1)         An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

 

(2)         An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

 

(3)         An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

 

(4)         An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and

24.


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