Proposed Secondary Placing

RNS Number : 9635B

Tristel PLC

07 April 2017

 

Tristel plc

("Tristel" or "the Company")

Proposed Secondary Placing

Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces that certain directors intend to sell up to 3,329,371 ordinary shares of 1 penny each in the capital of the Company (the "Placing Shares" and the "Placing"), representing approximately 7.84% of the issued share capital of the Company at a price of 175 pence per Placing Share in order to satisfy market demand and broaden the institutional shareholder base of the Company.  The Board also confirms that its expectations for the Company's full year performance remain consistent with its statement dated 23 February 2017.

The completion of the Placing and the resulting directors' shareholdings will be announced as soon as practicable.

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

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 (Corporate Broking)

 

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