The Alumasc Group plc
(the "Company")
6 November 2024
PDMR/PCA dealing
The Company announces that it received notification on 5 November 2024 that Mrs. Luan Leaf, a person closely associated to Mr Michael Leaf, an Executive Director, exercised 10,000 options over ordinary shares of 12.5p each ("Ordinary Shares") at a price of 225.66p each, held under the 2021 Alumasc Employee Share Option Scheme. Following the exercise Mrs. Leaf sold 8,370 of the resulting Ordinary Shares to cover tax, national insurance and the option exercise price.
Following the above Michael Leaf's total holding (including shares held by his Person Closely Associated) was:
|
|
Total holding of Shares |
% of issued share capital |
|
Michael Leaf |
144,227 |
0.399 |
Settlement of the award was made from existing Ordinary Shares held by the Alumasc Employee Benefit Trust.
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the transactions.
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 |
Luan Leaf (Person closely associated with Michael Leaf)
|
||||||||||
|
2. |
Reason for the notification |
|||||||||||
|
a. |
Position/status |
Persons closely associated to Michael Leaf - Executive Director
|
||||||||||
|
b. |
Initial notification /Amendment
|
Initial notification
|
||||||||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||||
|
a. |
Name |
The Alumasc Group plc
|
||||||||||
|
b. |
LEI |
2138002MV11VKZFJ4359
|
||||||||||
|
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
|
Options over Ordinary Shares of 12.5p each Ordinary Shares of 12.5p each
Ordinary Shares: GB0000280353 |
||||||||||
|
b. |
Nature of the transaction |
Vesting of shares award under The Alumasc Group plc 2014 Executive Share Option Plan (2021 Scheme)
|
||||||||||
|
c. |
Price(s) and volume(s) |
|
||||||||||
|
d. |
Aggregated information · Aggregated volume · Price
|
As above |
||||||||||
|
e. |
Date of the transaction |
2024-11-5
|
||||||||||
|
f. |
Place of the transaction |
Exercise and sale: Off-market
|
||||||||||
Enquiries:
|
The Alumasc Group plc Paul Hooper (Chief Executive) Simon Dray (Group Finance Director) Helen Ashton (Group Company Secretary)
|
+44 (0)1536 383844 |
|
Peel Hunt (Broker) Mike Bell Ed Allsopp
|
+44 (0)207 418 8831 |
|
Cavendish Capital Markets Ltd (Nominated Adviser) Julian Blunt Edward Whiley
|
+44 (0)207 220 0500 |
|
Camarco (Financial PR) Ginny Pulbrook Tilly Butcher
|
+44 (0)203 757 4992 |
Notes to Editors:
Alumasc is a UK-based supplier of premium sustainable building products, systems and solutions. Almost 80% of Group sales are driven by building regulations and specifications (architects and structural engineers) because of the performance characteristics offered.
The Group has three business segments with strong positions and brands in their individual markets. The three segments are: Water Management; Building Envelope; and Housebuilding Products.
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.
