Director/PDMR Shareholding

Summary by AI BETAClose X

Castings PLC announced that Persons Discharging Managerial Responsibilities (PDMRs) exercised a total of 32,149 options under the 2020 Restricted Share Plan at nil cost. Following deductions for tax and national insurance, 17,038 ordinary shares were received. Adam Vicary, CEO, exercised 18,612 options resulting in 9,864 shares, and Steven Mant, Finance Director, exercised 13,537 options resulting in 7,174 shares. These shares were satisfied from treasury stock, and the total number of voting rights in the company is now 43,493,809.

Disclaimer*

Castings PLC
01 July 2026
 

 

Castings plc (the "Company")

Exercise of Options by Persons Discharging Managerial Responsibilities ("PDMRs")

 

Castings PLC ("Castings" or "the company"), the leading iron casting and machining group primarily focused on the European heavy truck market, announces that PDMRs have exercised in aggregate 32,149 options over ordinary shares of 10p each in the capital of the Company ("Ordinary Shares") at an exercise price of £nil each pursuant to the Castings 2020 Restricted Share Plan.

 

Date of Exercise

Name

Number of options exercised

Number of Ordinary Shares received pursuant to the exercise*

Shareholding post-exercise

1 July 2026

Adam Vicary

18,612

9,864

65,692

1 July 2026

Steven Mant

13,537

7,174

35,086

 

* The options have been exercised on a cash-less basis, after deductions for income tax and national insurance contributions.

 

The exercise of options is being satisfied from existing Ordinary Shares which were held by the Company in treasury. 

 

Total Voting Rights

The Company's issued share capital comprises 43,632,068 Ordinary Shares. Following this exercise of options, the Company holds 138,259 shares in treasury. Therefore, the total number of voting rights in the Company is 43,493,809.

 

The above figure of 43,493,809 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Castings PLC                                                                                 +44 (0) 1543 374341

S J Mant, Director and Company Secretary

 

Canaccord Genuity Limited (Joint Broker)                             +44 (0) 20 7523 8000

Adam James

George Grainger

 

Zeus Capital Limited (Joint Broker)                                         +44 (0) 20 3829 5000         

Dominic King (Corporate Broking) 

David Foreman (Investment Banking)

 

 

Notes for Editors

Castings PLC is a leading iron casting and machining group based in the UK, supplying both the domestic and export markets. It has gross foundry capacity of 82,000 tonnes p.a. and is highly invested with the latest automation technologies. This enables high mix production of low volume parts on a just in time basis to provide a competitive edge. Castings has long-term relationships with the major OEMs in its core European heavy truck market and their platforms typically last over 10 years in production. In addition to the commercial vehicle sector, Castings PLC also supplies the wind power, agriculture, rail and material handling markets. www.castings.plc.uk

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.   Adam Vicary

 

2.   Steven Mant

2

Reason for the notification

a)

Position/status

1.   Chief Executive Officer

 

2.   Finance Director

b)

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Castings plc

b)

LEI

2138004LKVACAUE94W70

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 10 pence each                                            

 

GB0001795680

b)

Nature of the transaction

Exercise of share options

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.   Nil

2.   Nil

1.   9,864

2.   7,174

 

The above number of shares are the net number after deducting for income tax and national insurance contributions.

 

d)

 

Aggregated information

- Aggregated volume

- Price

N/A - Singe transaction

e)

Date of the transaction

1 July 2026

f)

Place of the transaction

Outside a trading venue

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 

Companies

Castings (CGS)
UK 100

Latest directors dealings