RNS Number : 3880W
Polypipe Group PLC
26 April 2016
 

 

Polypipe Group plc ('the Company')

Notification of Transaction by Persons Discharging Managerial Responsibilities

Pursuant to the notification obligations under Disclosure and Transparency Rule 3.1.4R, the Company hereby notifies the following change in the interests of directors and persons discharging managerial responsibility ("PDMRs") in Ordinary Shares of £0.001 each in the Company ("Shares") on 26 April 2016.

 

Deferred Share Bonus Plan (DSBP)

 

On 26 April 2016, an award under the Company's DSBP was granted over Shares as set out in the table below. The award was made in the form of a nil-cost option which is exercisable for 10 years from the date of grant, unless the exercise period is shortened in accordance with the DSBP rules.

 

For further information on the DSBP, please refer to the prospectus published on 11 April 2014. 

 

 1. Name

 2. Status

3. No. of Shares  subject to DSBP

 4. Lapse Date

5. Market value of shares awarded

David Hall

PDMR

31,174

26 April 2026

£92,899

Peter Shepherd

PDMR

16,128

26 April 2026

£48,060

 

 

Contacts:

Polypipe Group plc

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

 


 


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