Director/PDMR Shareholding

RNS Number : 3340O
Eurocell plc
16 May 2018
 

16 May 2018

 

Eurocell PLC

 

Director/PDMR Shareholding

 

Eurocell plc (LSE: ECEL), the market leading, vertically integrated UK manufacturer, distributor and recycler of innovative window, door and roofline PVC products, announces that on 15 May 2018, Ian Kemp acquired 20,262 shares and Anthony Smith acquired 23,026 shares at nil cost under the Company Performance Share Plan. Ian Kemp sold all 20,262 shares at 234.00p. Anthony Smith sold 10,878 shares at 234.00p to satisfy the related tax liabilities. Ian Kemp's holding in the company, following these transactions, is 846,492 shares, and Anthony Smith's is 553,814 shares. Both Ian Kemp and Anthony Smith are considered to be PDMRs.

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Ian Kemp

2.

Reason for the notification

a)

Position / status

PDMR

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Eurocell PLC

b)

Legal Entity Identifier

213800RH62IQ7S9OFQ55

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

Ordinary shares of £0.001 each

 

ISIN number GB00BVV2KN49

b)

Nature of the transaction

Purchase of ordinary shares under the Company Performance Share Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

20,262

 

 

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

-     Aggregated total

 

N/A - single transaction

e)

Date of the transaction

15 May 2018 (UK)

f)

Place of the transaction

Outside a trading venue

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Ian Kemp

2.

Reason for the notification

a)

Position / status

PDMR

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Eurocell PLC

b)

Legal Entity Identifier

213800RH62IQ7S9OFQ55

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

Ordinary shares of £0.001 each

 

ISIN number GB00BVV2KN49

b)

Nature of the transaction

Sale of ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

234.00p

20,262

 

 

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

-     Aggregated total

 N/A - single transaction

e)

Date of the transaction

15 May 2018 (UK)

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Anthony Smith

2.

Reason for the notification

a)

Position / status

PDMR

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Eurocell PLC

b)

Legal Entity Identifier

213800RH62IQ7S9OFQ55

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

Ordinary shares of £0.001 each

 

ISIN number GB00BVV2KN49

b)

Nature of the transaction

Purchase of ordinary shares under the Company Performance Share Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

23,026

 

 

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

-     Aggregated total

 

N/A - single transaction

e)

Date of the transaction

15 May 2018 (UK)

f)

Place of the transaction

Outside a trading venue

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Anthony Smith

2.

Reason for the notification

a)

Position / status

PDMR

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Eurocell PLC

b)

Legal Entity Identifier

213800RH62IQ7S9OFQ55

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

Ordinary shares of £0.001 each

 

ISIN number GB00BVV2KN49

b)

Nature of the transaction

Sale of ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

234.00p

10,878

 

 

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

-     Aggregated total

 N/A - single transaction

e)

Date of the transaction

15 May 2018 (UK)

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

For further information:

 

Eurocell PLC

Tel: 01773 842 100

Gerald Copley


Company Secretary






 


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