Director/PDMR Shareholding & Total Voting Rights

RNS Number : 3307X

Trifast PLC

20 February 2017

 

Issued by Trifast plc

Monday, 20 February 2017

Trifast plc ("Trifast" or the "Company") Notification and public disclosure of transactions by persons discharging managerial responsibilities and Total Voting Rights

The Company announces that Mr Malcolm Diamond, a Person Discharging Managerial Responsibilities (PDMR), was issued and allotted 1,000,000 ordinary shares of 5 pence each in the Company ("ordinary shares") on 17 February 2017, pursuant to the exercise of options under the Company's Unapproved 2009 Share Option Plan.  Subsequently, 500,000 of these shares have been sold, largely to satisfy Mr Diamond's tax liability on the exercised options. Following this transaction, 1,053,800 Ordinary Shares are held by Mr Diamond (1,051,800) and persons closely associated with him (2,000), a total beneficial interest shareholding representing 0.88% of the Company's issued share capital.

Total Voting Rights (TVR)

Following the issue and allotment of shares, the Company's total issued share capital is 120,276,486 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore, the total number of voting rights in the Company is 120,276,486. This figure 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 Financial Conduct Authority's Disclosure and Transparency Rules

Enquiries: Trifast plc

Lyndsey Case Company Secretary Tel: [phone] www.trifast.com

The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Malcolm Diamond
2.	Reason for the notification
a.	Position/status	Executive Chairman
b.	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Trifast plc
b.	LEI	213800WFIVE6RWK3CR22
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 5 pence each GB0008883927
b.	Nature of the transaction	Allotment of shares pursuant to exercise of options under the Trifast plc Unapproved 2009 Share Option Plan
c.	Price(s) and volume(s)	Price(s) Volume(s) 8.5p 1,000,000
d.	Aggregated information ·      Aggregated volume ·      Price	1,000,000 8.5p
e.	Date of the transaction	17-02-2017
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)
5.	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 5 pence each GB0008883927
b.	Nature of the transaction	Disposal of shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 210.5p 500,000
d.	Aggregated information ·      Aggregated volume ·      Price	500,000 210.5p
e.	Date of the transaction	17-02-2017
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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