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Trackwise Designs (TWD)

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Friday 26 June, 2020

Trackwise Designs

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  

+44 (0)1684 299 930

Philip Johnston, CEO 

www.trackwise.co.uk

Mark Hodgkins, CFO 




finnCap Ltd

+44 (0)20 7220 0500

NOMAD and Broker


Ed Frisby / Matthew Radley - Corporate Finance 

Andrew Burdis / Manasa Patil - ECM




Alma PR

+44 (0)20 3405 0205

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

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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