Director/PDMR Shareholding

RNS Number : 2147R

Trackwise Designs PLC

26 June 2020

 

TRACKWISE DESIGNS PLC

("Trackwise" or the "Company")

Director/PDMR Shareholding

Trackwise Designs (AIM: TWD), a leading provider of specialist products using printed circuit technology, was notified that Mark Hodgkins, Chief Financial Officer of Trackwise, has today purchased 11,000 ordinary shares of 4 pence each in the capital of the Company ("Ordinary Shares") at a price of 86.85 pence per Ordinary Share.

Following this purchase, Mr. Hodgkins holds 136,369 Ordinary Shares representing 0.62% of the issued share capital of the Company.

Enquiries:

Trackwise Designs plc	[phone]
Philip Johnston, CEO	www.trackwise.co.uk
Mark Hodgkins, CFO
finnCap Ltd	[phone]
NOMAD and Broker
Ed Frisby / Matthew Radley - Corporate Finance  Andrew Burdis / Manasa Patil - ECM
Alma PR	[phone]
Financial PR and IR
Caroline Forde / Josh Royston / David Ison / Kieran Breheny

Note to editors

Trackwise is a UK-based manufacturer of specialist products using printed circuit technology.

The full suite includes: Improved Harness Technology TM ("IHT"), Microwave and RF, Short Flex, Flex Rigid and Rigid Multilayer products.

IHT uses a proprietary, patented process that Trackwise has developed to manufacture multilayer flexible printed circuits of unlimited length. While the technology has many applications, the directors expect that one of its primary uses will be to replace traditional wire harness in a variety of industries.

The Company manufactures on two sites, located in Tewkesbury and Stevenage (following the acquisition of Stevenage Circuits Ltd in April 2020). It serves customers in Europe, North America, Asia, and Australia.

Trackwise Designs plc was admitted to trading on AIM in 2018 with the ticker TWD. For additional information please visit www.trackwise.co.uk

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 Hodgkins
2	Reason for the notification
a)	Position/status	CFO
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Trackwise Designs plc
b)	LEI	549300KQIX5EWTJMFK75
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	Ordinary Shares of 4 pence each
	Identification code	GB00BFYT9999
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price and volume	Price: 86.85 pence Volume: 11,000
d)	Aggregated information
	- Aggregated volume	As above
	- Price
e)	Date of the transaction	26 June 2020
f)	Place of the transaction	London Stock Exchange, AIM

 

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