RNS Number : 7089J
Polypipe Group PLC
04 April 2018
 

Polypipe Group plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities

The Company announces that it received notification on 3 April 2018 of the acquisition by Ron Marsh, Chairman and Martin Payne, Chief Executive Officer, of Ordinary Shares of £0.001 each in the Company ("Shares"), as set out below. Following the acquisition of 100,000 Shares by Mr. Marsh and 40,000 Shares by Mr. Payne, they now hold an interest in a total of 275,000 and 109,726 Shares respectively.

The notification below, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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

 

 

Ron Marsh

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chairman/Director and PDMR

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Polypipe Group plc

b)

 

LEI

 

 

2138005IF1N2RKJ6KO18

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

 

 

Ordinary shares of £0.001 each

 

 

GB00BKRC5K31

 

b)

 

Nature of the transaction

 

 

Acquisition of Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£3.505

 

100,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

100,000

 

 

£350,500

e)

 

Date of the transaction

 

 

3 April 2018

f)

 

Place of the transaction

 

 

London Stock Exchange

 

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

 

 

Martin Payne

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer/Director and PDMR

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Polypipe Group plc

b)

 

LEI

 

 

2138005IF1N2RKJ6KO18

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

 

 

Ordinary shares of £0.001 each

 

 

GB00BKRC5K31

 

b)

 

Nature of the transaction

 

 

Acquisition of Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£3.456

 

40,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

40,000

 

 

£138,240

e)

 

Date of the transaction

 

 

3 April 2018

f)

 

Place of the transaction

 

 

London Stock Exchange

 

4 April 2018

Enquiries:

Emma Versluys

Company Secretary

44 (0)1709 770 000

 

 


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