Grant of Options under SAYE Plan & PDMR Notice
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Zotefoams plc
(the "Company")
GRANT OF OPTIONS UNDER SAYE PLAN AND PDMR NOTIFICATIONS
14 September 2026
The Company announces the grant of options under the Zotefoams Save As You Earn Plan (the "SAYE Plan"), the HMRC tax-advantaged all-employee savings-related share option plan approved by shareholders at the General Meeting held on 3 August 2026.
The SAYE Plan was made available to all eligible employees, providing them with the opportunity to participate in the future growth of the Company through share ownership.
A total of 57 eligible employees elected to participate and, pursuant to those elections, options over 127,505 ordinary shares of 5 pence each were granted on 11 September 2026.
The exercise price of £3.48 per share was derived from the average middle market closing price of 435.0 pence per share over the three dealing days immediately preceding the invitation date, less the maximum 20 per cent discount permitted under HMRC-approved SAYE legislation and the rules of the SAYE Plan.
Options are linked to a three-year savings contract and will normally be exercisable during the six-month period following maturity of that contract on 1 November 2029.
Ronan Michael Cox, Group CEO, and Nick Wright, Group CFO, participated in the SAYE Plan on the same terms as all other eligible employees. Each was granted options over 5,172 ordinary shares.
The notification forms for the PDMRs are set out below and are disclosed in accordance with Article 19 of the UK Market Abuse Regulation.
Enquiries:
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Zotefoams plc |
IFC Advisory (Financial PR & IR) |
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Ronan Cox, Group CEO |
Graham Herring |
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Nick Wright, Group CFO |
Tim Metcalfe |
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+44 (0) 208 664 1600 |
Zach Cohen |
|
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+44 (0) 203 934 6630 |
About Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world leader in high-performance foam technology delivering optimal material solutions for the benefit of society. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE® polyolefin and ZOTEK® high-performance foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT® advanced insulation for demanding industrial markets.
Zotefoams is headquartered in London, UK, with manufacturing sites in Croydon, UK, Kentucky, USA and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products manufacture and conversion), Anglesola and Burgos, Spain (foam manufacture) and Jiangsu Province, China (T-FIT).
AZOTE®, ZOTEK®, and T-FIT® are registered trademarks of Zotefoams plc
NOTIFICATION OF DEALING FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
Ronan Michael Cox - Group CEO
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1. Details of the person discharging managerial responsibilities / person closely associated |
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1a. Name |
Ronan Michael Cox |
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2. Reason for the notification |
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2a. Position/status |
Group CEO |
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2b. Initial notification/Amendment |
Initial notification |
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3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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3a. Issuer name |
Zotefoams plc |
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3b. LEI |
213800B6P256B5XN8D32 |
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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 |
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4a. Description of the financial instrument, type of instrument |
Options over ordinary shares of 5 pence each. Identification code: GB0009896605 |
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4b. Nature of the transaction |
Grant of options under the Zotefoams Save As You Earn Plan |
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4c. Price(s) and volume(s) |
Price: £3.48 Volume: 5,172 |
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4d. Aggregated information |
n/a - single transaction |
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4e. Date of the transaction |
11 September 2026 |
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4f. Place of the transaction |
Outside a trading venue |
Nick Wright - Group CFO
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1. Details of the person discharging managerial responsibilities / person closely associated |
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|
1a. Name |
Nick Wright |
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2. Reason for the notification |
|
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2a. Position/status |
Group CFO |
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2b. Initial notification/Amendment |
Initial notification |
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3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
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3a. Issuer name |
Zotefoams plc |
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3b. LEI |
213800B6P256B5XN8D32 |
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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 |
|
|
4a. Description of the financial instrument, type of instrument |
Options over ordinary shares of 5 pence each. Identification code: GB0009896605 |
|
4b. Nature of the transaction |
Grant of options under the Zotefoams Save As You Earn Plan |
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4c. Price(s) and volume(s) |
Price: £3.48 Volume: 5,172 |
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4d. Aggregated information |
n/a - single transaction |
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4e. Date of the transaction |
11 September 2026 |
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4f. Place of the transaction |
Outside a trading venue |
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