PDMR Dealing, Exercise of Options & TVR

RNS Number : 5375U

Zytronic PLC

18 January 2017

 



For Immediate Release

18 January 2017

ZYTRONIC PLC

PDMR Dealing, Exercise of Options and Total Voting Rights

The Company announces that it has today issued 84,189 new ordinary shares of 1 pence each ("Ordinary Shares") following an exercise of options by Adrian Leyland, PDMR, and two employees.

On 18 January 2017, Adrian Leyland, PDMR, exercised options over 75,000 new Ordinary Shares and subsequently on the same date, Mr. Leyland sold 50,000 Ordinary Shares at a price of 385.0685 pence per Ordinary Share. 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 15,638,717 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	Adrian Leyland
2	Reason for the notification
a)	Position/status	PDMR
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)  75,000 (ii) 385.0685 pence (ii) 50,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	18 January 2017
f)	Place of the transaction	(i)    Outside of trading venue (ii)   London Stock Exchange (XLON)

 

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