ALU.L

Alumasc Group Plc
Alumasc Group Plc - Director/PDMR Shareholding
14th February 2024, 13:01
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RNS Number : 1555D
Alumasc Group PLC
14 February 2024
 

14 February 2024

 

The Alumasc Group plc

(the "Company")

                                             

PDMR dealing

 

The Company announces that on 13 February 2024 Helen Ashton, a person discharging managerial responsibilities, has exercised options over 20,000 ordinary shares of 12.5p each ("Ordinary Shares"), 10,000 options with an exercise price of 82.5p each and 10,000 options with an exercise price of 79p each and sold 8,682 Ordinary Shares to cover the option exercise cost at 186p per share.  Options were held under the terms of the 2019 and 2020 Alumasc Employee Share Option Scheme.

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the transaction.

 

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

Helen Ashton

 

2.      

Reason for the notification

a.      

Position/status

Person discharging managerial responsibilities

 

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

 

 

Ordinary 12.5p shares

 

 

GB0000280353

b.      

Nature of the transaction

Exercise of 20,000 options in aggregate over ordinary shares awarded under The Alumasc Group plc 2019 Executive Share Option Plan (2019 ESOS Award) and the 2020 Executive Share Option Plan (2020 ESOS Award) and sale of 8,682 ordinary shares.

 

c.      

Price(s) and volume(s)

 

Option exercises


Price(s)

Volume(s)

82.5p

10,000

79p

10,000

Total

20,000



Sales


Price(s)

Volume(s)

186 pence

      4,247

186 pence

4,435

Total

8,682

 

 

d.      

Aggregated information

·    Aggregated volume

·    Price

 

Exercise of options over 20,000 Ordinary 12.5p shares at an average price of 80.75 pence per share.

 

Sale of 8,682 Ordinary 12.5p shares at £1.86 per share

e.      

Date of the transaction

2024-2-13

 

 

f.      

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

For further details, please contact:

Helen Ashton, Group Company Secretary:                               01536 383812

 

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