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Zytronic PLC (ZYT)

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Wednesday 25 May, 2022

Zytronic PLC

Completion of Share Buyback

RNS Number : 7908M
Zytronic PLC
25 May 2022
 

25 May 2022

Zytronic plc

("Zytronic" or the "Company")

Completion of Share Buyback

Zytronic, the North-East of England based leading specialist manufacturer of touch sensors for self-service, gaming and industrial applications, is pleased to announce that on 24 May 2022, it completed the share buyback programme set out in its announcement on 17 February 2022 (the "Buyback"). Over the course of the Buyback, the Company repurchased 1,257,415 ordinary shares of 1p each ("Ordinary Shares") at a volume weighted average price of 161p per share. All shares purchased in the programme have been cancelled.

The Company's total issued share capital consists of 10,161,737 Ordinary Shares with one voting right per share. 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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