ALU.L

Alumasc Group Plc
Alumasc Group Plc - Director/PDMR Shareholding
6th November 2024, 13:40
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RNS Number : 2185L
Alumasc Group PLC (The)
06 November 2024
 

 

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)

 

Price(s)

 

Volume(s)

Exercise

 

225.66p

10,000

Sale

 

310p

8,370

 

 

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

 

alumasc@camarco.co.uk

+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.

 

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