Director's Dealing, Exercise of Options and TVR

RNS Number : 0634V

Zytronic PLC

25 January 2017

 



For Immediate Release

25 January 2017

ZYTRONIC PLC

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

The Company announces that it has today issued 77,800 new ordinary shares of 1 pence each ("Ordinary Shares") following an exercise of options by Claire Smith.

On 24 January 2017, Claire Smith, Group Finance Director exercised options over 77,800 new Ordinary Shares and subsequently on the same date, Mrs Smith sold 55,200 Ordinary Shares at a price of 380 pence per Ordinary Share. As a result, Mrs Smith's holding is 23,314 Ordinary Shares in the Company (representing 0.1% 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 15,716,517 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	Claire Smith
2	Reason for the notification
a)	Position/status	Group 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	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)   Exercise of options over Ordinary Shares (iii)  Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) (i)   200 pence (i)   67,800 (ii)  195 pence (ii)  10,000 (iii) 380 pence (iii) 55,200
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	24 January 2017
f)	Place of the transaction	(i)    Outside of trading venue (ii)   Outside of trading venue (iii)  London Stock Exchange (XLON)

 

END

 

 

IOEEAPFSADAXEEF