NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PDMRs
Group CFO received 20,154 shares from vesting of 2020 LTIP Award, sold 10,376 shares to cover tax.
- Shares vested under 2020 LTIP Award 20,154
- Shares sold to satisfy tax liability 10,376
- Sale price per share £4.029
- Proceeds from sale £41,800.97
- Shares retained 11,655
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30 September 2025 - The Company has been informed that its Group CFO and PDMR, Mr G C McGrath, acquired on 29 September 2025, 20,154 ordinary shares in the Company on the vesting of a nil-cost award granted to him in September 2020 under the Company's Long Term Incentive Plan (the 2020 LTIP Award) and that Mr McGrath has (i) sold 10,376 of the vested shares at a price of £4.029 each to satisfy the tax liability which arose on the vesting; and (ii) has retained the remaining 11,655 shares.
Vesting of the 2020 LTIP Award was subject to the satisfaction of performance targets over a performance period and to a 2-year holding period post the third anniversary of the grant (cumulatively a 5-year Restricted Period). In accordance with the rules governing the 2020 LTIP Award, the volume of Company shares vesting under the 2020 LTIP Award also takes account of the dividends which would have been paid on them during the Restricted Period.
The Notification of Dealing Form can be found below.
Andrew Money
Group Company Secretary
Zotefoams plc
AZOTE®, ZOTEK® and T-FIT® are registered trademarks of Zotefoams plc.
ZOTEFOAMS PLC
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
| 1. | Details of the person discharging managerial responsibilities/person closely associated |
| a) | Name: Gary Christopher McGrath |
| 2. | Reason for the notification |
| a) | Position/status: Group CFO |
| b) | Initial notification/Amendment: Initial notification |
| a) | Name: Zotefoams plc |
| b) | LEI: 213800B6P256B5XN8D32 |
| a) | Description of the financial instrument, type of instrument: Ordinary shares of 5 pence each Identification code: GB0009896605 |
| b) | Nature of the transaction: Acquisition of shares on vesting of a nil-cost award under the Company's Long-Term Incentive Plan. |
| c) | Price(s) and volume(s): Volume Price 20,154 nil |
| d) | Aggregated information: Aggregate Price Aggregate Volume Aggregate Total Nil 20,154 n/a |
| e) | Date of the transaction: 29 September 2025 |
| f) | Place of the transaction: XLON |
| a) | Description of the financial instrument, type of instrument: Ordinary shares of 5 pence each Identification code: GB0009896605 |
| b) | Nature of the transaction: Sale of shares to satisfy tax liability on vesting under the Company's Long-Term Incentive Plan |
| c) | Price(s) and volume(s): Volume Price 10,376 £4.029 |
| d) | Aggregated information: Aggregate Price Aggregate Volume Aggregate Total £4.029 10,376 £ 41,800.97 |
| e) | Date of the transaction: 29 September 2025 |
| f) | Place of the transaction: XLON |
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