Purchase of own shares

RNS Number : 5031M

Zytronic PLC

24 May 2022

 

24 May 2022

Zytronic plc

("Zytronic" or the "Company")

Purchase of Own Shares

Further to the confirmation of its intention to implement a share buyback programme, as set out in its announcement on 17 February 2022, the Company announces that it has purchased 50,000 of its ordinary shares of 1 pence each ("Ordinary Shares") at an average price of 163 pence per share through Singer Capital Markets. The Ordinary Shares purchased will be cancelled.

Aggregated information

Date of purchase	23 May 2022
Number of Ordinary Shares purchased	50,000
Highest price paid per share	163p
Lowest price paid per share	163p
Volume weighted average price paid	163p

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) , a detailed breakdown of individual trades is available below:

Number of Ordinary Shares purchased	Transaction price (GBp)	Time of transaction	Trading venue
25,000	163p	08:58:12	AIMX
25,000	163p	15:43:30	AIMX

Total voting rights

Following the purchase and cancellation of these Ordinary Shares, the Company's total issued share capital will consist of 10,216,152 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.

Enquiries: Zytronic plc Mark Cambridge, Chief Executive Claire Smith, Group Finance Director 0191 414 5511 Singer Capital Markets (Nominated Adviser and Broker) Aubrey Powell, Rachel Hayes, Amanda Gray, Katherine Coppock 020 7496 3000 About Zytronic Zytronic is a world-renowned developer and manufacturer of a unique range of internationally award winning optically transparent interactive touch sensor overlay products for use with electronic displays in industrial, self-service and public access equipment. Zytronic's products employ a sensing solution that is readily configurable and embedded in a laminate core that offers significant durability, environmental stability and optical enhancement benefits to system designers specific requirements. Zytronic has continually developed process and technological know-how and IP since the late 1990's around two sensing methodologies; the first being single touch self-capacitive which Zytronic markets as PCT™ ("Projected Capacitive Technology") and the second being multi-touch, multi-user mutual-capacitive which Zytronic markets as MPCT™ ("Mutual Projected Capacitive Technology"), in which Zytronic holds five granted patents. Zytronic operates from a single site near Newcastle-upon-Tyne in the United Kingdom. Zytronic is relatively unique in the touch eco-system as it offers a complete one-stop solution from processing internally the form and factor of the glass substrates, assembles their touch overlay products to customers specific requirements, in environmentally controlled cleanrooms and develops the bespoke firmware, software and electronic hardware to link the interactive overlays to customer's integrated systems and products.

 

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