Director's Dealing, Exercise of Options and TVR

RNS Number : 7188T

Zytronic PLC

09 January 2017

 



For Immediate Release

9 January 2017

ZYTRONIC PLC

Director's Dealing, Exercise of Options and Total Voting Rights

The Company announces that it has today issued 125,000 new ordinary shares of 1 pence each ("Ordinary Shares") following an exercise of options by Mark Cambridge, CEO.

On 9 January 2017, Mark Cambridge, CEO, exercised options over 125,000 new Ordinary Shares and subsequently on the same date, sold 83,333 Ordinary Shares at a price of 400 pence per Ordinary Share. As a result, Mr Cambridge's holding is 92,458 Ordinary Shares in the Company (representing 0.6% per cent. of the total voting rights). The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

The exercise of the above options has been satisfied by the Company's block listing arrangements.

The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. Following the issue of the new Ordinary Shares, the Company's issued share capital consists of 15,554,528 Ordinary Shares, each carrying one voting right. The Company does not hold any Ordinary Shares in treasury. This figure 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.

Contacts:

Zytronic plc                              0191 414 5511

Mark Cambridge, Chief Executive

Claire Smith, Group Finance Director

N+1 Singer (Nominated Adviser & Broker)  020 7496 3000

Aubrey Powell / Liz Yong

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	Mark Cambridge
2	Reason for the notification
a)	Position/status	PDMR (CEO)
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Zytronic plc
b)	LEI	213800AYT3F3BC4MGW21
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 Identification code	Ordinary shares of 1 pence each GB0006971013
b)	Nature of the transaction	(i)    Exercise of options over Ordinary Shares (ii)   Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) (i) 200 pence (i)  125,000 (ii) 400 pence (ii) 83,333
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	9 January 2017
f)	Place of the transaction	(i)    Outside of trading venue (ii)   London Stock Exchange (XLON)

 

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