Director/PDMR Shareholding and Issue of Equity

RNS Number : 7647Q

Tristel PLC

01 March 2021

 

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 315,000 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 195,000 Ordinary Shares at a price of 560 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	166,667	117,866	691,896	1.5%	500,000
Liz Dixon	133,333	69,334	242,333	0.5%	200,000
David Orr	15,000	7,800	50,391	0.1%	0

Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 5 March 2021. 

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 46,998,443 Ordinary Shares. Accordingly, the figure of 46,998,443 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
finnCap	Tel: [phone]
Geoff Nash (Corporate Finance)
Giles Rolls (Corporate Finance)
Alice Lane (ECM)
Walbrook PR Ltd	Tel: [phone] or  [e-mail]
Paul McManus	Mob: [phone]
Lianne Cawthorne	Mob: [phone]

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 166,667 Sale Price(s) Volume(s) 560p 117,866
d)	Aggregated information: · Aggregated volume · Price	As above
e)	Date of the transaction	1 March 2021
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 133,333 Sale Price(s) Volume(s) 560p 69,334
d)	Aggregated information: · Aggregated volume · Price	As above
e)	Date of the transaction	1 March 2021
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 15,000 Sale Price(s) Volume(s) 560p 7,800
d)	Aggregated information: · Aggregated volume · Price	As above
e)	Date of the transaction	1 March 2021
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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