Director/PDMR Dealing and Issue of Equity

RNS Number : 9416M
Tristel PLC
02 May 2018
 

 

Tristel plc

("Tristel" or the "Company")

Director/PDMR Dealing and Issue of Equity

Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces that on 2 May 2018 the Company has issued and allotted 140,000 new ordinary shares of 1 penny each in the Company ("Ordinary Shares"), following the exercise of 140,000 Ordinary Shares by Liz Dixon, Finance Director, at a weighted average exercise price of 56 pence per share. A number of the share options were due to expire in July 2018.

Liz Dixon subsequently sold 140,000 Ordinary Shares at a price of 300 pence per share. Liz Dixon's resultant holding is 45,000 Ordinary Shares representing 0.1% of the issued share capital of the Company and options over 709,888 Ordinary Shares.

Of the new Ordinary Shares sold, Francisco Soler acquired 60,000 Ordinary Shares at 300 pence per share. Francisco Soler's resultant holding is 8,473,834 Ordinary Shares (includes family and related corporate vehicles) representing 19.6% of the issued share capital of the Company.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 9 May 2018. The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following the exercise of options, the Company's issued share capital consists of 43,167,633 Ordinary Shares. Accordingly, the figure of 43,167,633 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.

For further information please contact:       

 

Tristel plc

Tel: 01638 721 500

Paul Swinney, Chief Executive Officer


Liz Dixon, Finance Director




Walbrook PR Ltd

Tel: 020 7933 8780 or tristel@walbrookpr.com

Paul McManus

Mob: 07980 541 893

Lianne Cawthorne

Mob: 07854 391 303



finnCap

Tel: 020 7220 0500

Geoff Nash (Corporate Finance)


Giles Rolls (Corporate Finance)


Alice Lane (Corporate Broking)

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Liz Dixon

2.               

Reason for the Notification

a)

Position/status

Director / PDMR

b)

Initial notification/Amendment

Initial notification

3.    

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

a)

Name

Tristel plc

b)

LEI

               

2138009DZ4LH9CZGF662

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

 

Ordinary shares of 1p

Identification code

GB00B07RVT99

b)

Nature of the transaction

Exercise of options over Ordinary Shares and

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Exercise of Options

Exercise Price(s)

Volume(s)

£0.5375

£0.5375

£0.5375

£0.79

60,000

60,000

10,000

10,000

 

Sale of Ordinary Shares

 

Price(s)

Volume(s)

£3.00

140,000

d)

Aggregated information:

·      Aggregated volume

·      Price

See above

e)

Date of the transaction

2 May 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

1.    

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Francisco Soler (through World Financial Trading Corporation and Atlas World Carriers S.A.)

2.               

Reason for the Notification

a)

Position/status

Director / PDMR

b)

Initial notification/Amendment

Initial notification

3.    

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

a)

Name

Tristel plc

b)

LEI

               

2138009DZ4LH9CZGF662

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

 

Ordinary shares of 1p

Identification code

GB00B07RVT99

b)

Nature of the transaction

 

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

World Financial Trading Corporation

Price(s)         

Volume(s)

£3.00

30,000

Atlas World Carriers S.A.

Price(s)         

Volume(s)

£3.00

30,000

d)

Aggregated information:

·      Aggregated volume

·      Price

 

Purchase of 60,000 ordinary shares of 1p pence at 300 pence per Ordinary Share

e)

Date of the transaction

2 May 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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