Director/PDMR Shareholding

RNS Number : 7662Z

TT Electronics PLC

22 September 2020

 

22 September 2020

TT Electronics plc

Purchase of shares and PDMR notification

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") OR CONNECTED PERSONS

Pursuant to the Company's announcement on 18 September 2020 regarding the successful completion of a non-pre-emptive placing of new ordinary shares of 25 pence each in the capital of the Company (the "Placing Shares"), the following directors, who are also PDMRs, have purchased Placing Shares in the Company on 22 September 2020:

Director	Purchase date	Number of Shares purchased	Price paid per Share	Resultant interest in Shares
Warren Tucker	22 September 2020	37,500	£2.00	60,075*
Richard Tyson	22 September 2020	15,000	£2.00	873,530*
Mark Hoad	22 September 2020	25,000	£2.00	683,127*
Anne Thorburn	22 September 2020	15,000	£2.00	60,000

* Includes shares held by PCAs

The full details of the purchases are given in notifications below, made in accordance with the requirements of the EU Market Abuse Regulation.

1.	DetailsofPDMR/person closely associated with them ('PCA')
a)	Name	Warren Tucker
2.	Reason for the notification
a)	Position / status	Chairman and 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	TT Electronics plc
b)	LEI	213800TJGBW5VFHQEV54
4.	Details of the transaction(s)
a)	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 25p each GB0008711763
b)	Nature of the transaction	Acquisition of shares issued on non-pre-emptive basis on 22 September 2020
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.00 37,500
d)	Aggregated information Aggregated volume Price	See 4c above See 4c above
e)	Date of the transaction	2020-09-22
f)	Place of the transaction	XLON

1.	DetailsofPDMR/person closely associated with them ('PCA')
a)	Name	Richard Tyson
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	TT Electronics plc
b)	LEI	213800TJGBW5VFHQEV54
4.	Details of the transaction(s)
a)	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 25p each GB0008711763
b)	Nature of the transaction	Acquisition of shares issued on non-pre-emptive basis on 22 September 2020
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.00 15,000
d)	Aggregated information Aggregated volume Price	See 4c above See 4c above
e)	Date of the transaction	2020-09-22
f)	Place of the transaction	XLON

1.	DetailsofPDMR/person closely associated with them ('PCA')
a)	Name	Mark Hoad
2.	Reason for the notification
a)	Position / status	CFO
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	TT Electronics plc
b)	LEI	213800TJGBW5VFHQEV54
4.	Details of the transaction(s)
a)	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 25p each GB0008711763
b)	Nature of the transaction	Acquisition of shares issued on non-pre-emptive basis on 22 September 2020
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.00 25,000
d)	Aggregated information Aggregated volume Price	See 4c above See 4c above
e)	Date of the transaction	2020-09-22
f)	Place of the transaction	XLON

1.	DetailsofPDMR/person closely associated with them ('PCA')
a)	Name	Anne Thorburn
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	TT Electronics plc
b)	LEI	213800TJGBW5VFHQEV54
4.	Details of the transaction(s)
a)	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 25p each GB0008711763
b)	Nature of the transaction	Acquisition of shares issued on non-pre-emptive basis on 22 September 2020
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.00 15,000
d)	Aggregated information Aggregated volume Price	See 4c above See 4c above
e)	Date of the transaction	2020-09-22
f)	Place of the transaction	XLON

For further information please contact:

TT Electronics plc

Richard Tyson, Chief Executive Officer:   Tel:  + 44 (0)1932 825300

Mark Hoad, Chief Financial Officer:

Julian Wais, Head of Investor Relations and Communications 

MHP Communications

Tim Rowntree / Rachel Mann:  Tel:  [phone]

 

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