Director/PDMR Shareholding and Issue of Equity

RNS Number : 8056T

Tristel PLC

22 July 2020

 

Tristel plc

("Tristel" or the "Company")

Director/PDMR Shareholding and Issue of Equity

Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces that, following the exercise of share options by certain directors it has issued and allotted 878,629 new ordinary shares of 1 penny each in the Company ("Ordinary Shares"). To meet the exercise cost and associated tax liabilities, the directors have subsequently sold 548,629 Ordinary Shares at a price of 404.2 pence per share. In addition, Paul Barnes, Non-Executive Director, has sold 336,095 Ordinary Shares at a price of 404.2 pence per share.

In summary:

Director	Total number of share options exercised	Number of Ordinary Shares sold	Resultant Shareholding	Percentage of the Company's issued share capital held	Remaining number of options held
Paul Swinney	487,097	320,431	643,095	1.4%	166,666
Liz Dixon	331,532	198,198	178,334	0.4%	133,334
Paul Barnes	30,000	351,095	30,000	0.1%	15,000
David Orr	30,000	15,000	43,191	0.1%	15,000

Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 29 July 2020. 

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company. Following the above exercise of options, the Company's issued share capital consists of 46,175,162 Ordinary Shares. Accordingly, the figure of 46,175,162 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: [phone]
Paul Swinney, Chief Executive Officer
Liz Dixon, Finance Director
Walbrook PR Ltd	Tel: [phone] or  [e-mail]
Paul McManus	Mob: [phone]
Lianne Cawthorne	Mob: [phone]
finnCap	Tel: [phone]
Geoff Nash (Corporate Finance)
Giles Rolls (Corporate Finance)
Alice Lane (ECM)

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	Paul Swinney
2.	Reason for the Notification.
a)	Position/status	CEO
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	Options over Ordinary Shares Ordinary Shares
	Identification code	GB00B07RVT99
b)	Nature of the transaction	Exercise of Options Sale of Ordinary shares
c)	Price(s) and volume(s)	Exercise Price Volume(s) 1p 487,097 Sale Price(s) Volume(s) 404.2p 320,431
d)	Aggregated information: · Aggregated volume · Price	As above
e)	Date of the transaction	22 July 2020
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Liz Dixon
2.	Reason for the Notification.
a)	Position/status	Finance Director
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	Options over Ordinary Shares Ordinary Shares
	Identification code	GB00B07RVT99
b)	Nature of the transaction	Exercise of Options Sale of Ordinary shares
c)	Price(s) and volume(s)	Exercise Price Volume(s) 1p 331,532 Sale Price(s) Volume(s) 404.2p 198,198
d)	Aggregated information: · Aggregated volume · Price	As above
e)	Date of the transaction	22 July 2020
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Barnes
2.	Reason for the Notification.
a)	Position/status	Non-executive Director
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	Options over Ordinary Shares Ordinary Shares
	Identification code	GB00B07RVT99
b)	Nature of the transaction	Exercise of Options Sale of Ordinary shares
c)	Price(s) and volume(s)	Exercise Price Volume(s) 1p 30,000 Sale Price(s) Volume(s) 404.2p 351,095
d)	Aggregated information: · Aggregated volume · Price	As above
e)	Date of the transaction	22 July 2020
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Orr
2.	Reason for the Notification.
a)	Position/status	Non-executive Director
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	Options over Ordinary Shares Ordinary Shares
	Identification code	GB00B07RVT99
b)	Nature of the transaction	Exercise of Options Sale of Ordinary shares
c)	Price(s) and volume(s)	Exercise Price Volume(s) 1p 30,000 Sale Price(s) Volume(s) 404.2p 15,000
d)	Aggregated information: · Aggregated volume · Price	As above
e)	Date of the transaction	22 July 2020
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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