13.02.2015, 19:58
Ian Smith purchesed ordinary shares of Plastics Capital plc
OREANDA-NEWS. Plastics Capital plc (AIM: PLA), the niche plastics products group, announces that the Mr Ian Smith, Managing Director of Flexipol Packaging Limited, which the Company acquired on 21 November 2014, yesterday purchased 50,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 102 pence per Ordinary Share.
Following this transaction Mr Ian Smith has a beneficial interest in 50,000 Ordinary Shares representing approximately 0.1% of the total voting rights in the Company.
Plastics Capital is a plastics products manufacturer focused on proprietary products for niche markets. The Group has five factories in the UK, two in China, one in Thailand and sales offices in the USA, Japan, China and India. Approximately 40 per cent of sales are exported to over 80 countries worldwide. Production is concentrated in the UK where significant engineering know-how and automation underpins the Group's competitiveness. The Group has approximately 450 employees.
Following this transaction Mr Ian Smith has a beneficial interest in 50,000 Ordinary Shares representing approximately 0.1% of the total voting rights in the Company.
Plastics Capital is a plastics products manufacturer focused on proprietary products for niche markets. The Group has five factories in the UK, two in China, one in Thailand and sales offices in the USA, Japan, China and India. Approximately 40 per cent of sales are exported to over 80 countries worldwide. Production is concentrated in the UK where significant engineering know-how and automation underpins the Group's competitiveness. The Group has approximately 450 employees.
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