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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tt Electronics Plc | LSE:TTG | London | Ordinary Share | GB0008711763 | ORD 25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
8.50 | 5.06% | 176.50 | 175.50 | 179.50 | 176.00 | 165.00 | 166.50 | 495,522 | 16:35:04 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electronic Components, Nec | 613.9M | -11.8M | -0.0670 | -26.27 | 309.76M |
TIDMTTG
RNS Number : 9669A
TT Electronics PLC
04 January 2018
4 January 2018
TT Electronics plc (the "Company")
Long Term Incentive Plan 2014 ("LTIP")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
On 3 January 2018, 100 per cent of the LTIP award relating to shares in TT Electronics plc ("Shares") granted on 29 December 2014 to Mark Hoad, the Company's Chief Financial Officer and a Person Discharging Managerial Responsibility, vested.
The following table sets out the details of the transaction relating to the vesting of the LTIP award, which was notified to the Company on 4 January:
Executive Shares Vested* Shares retained Total number Director (post tax of shares held / NI) following transaction ----------- --------------- ---------------- ----------------------- Mark Hoad 366,034 193,998 233,998 ----------- --------------- ---------------- -----------------------
*Including dividend equivalents
The vesting of the LTIP Award was satisfied by the transfer of Shares for no consideration to the relevant individual by the trustee of the Company's Employee Benefit Trust.
The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details.
1. Details of PDMR / person closely associated with them ('PCA') ==== ================================================================== a) Name Mark Hoad ==== =========================== ===================================== 2. Reason for the notification ==== ================================================================== a) Position / status CFO ==== =========================== ===================================== b) Initial notification Initial notification / amendment ==== =========================== ===================================== 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ==== ================================================================== a) Name TT Electronics plc ==== =========================== ===================================== b) LEI 213800TJGBW5VFHQEV54 ==== =========================== ===================================== 4. Details of the transaction(s) ==== ================================================================== a) Description of Ordinary shares of 25p each the financial instrument, type of instrument Identification GB0008711763 Code ==== =========================== ===================================== b) Nature of the transaction Transfer of Ordinary Shares arising from vesting of Long Term Incentive Plan 2014 award ==== =========================== ===================================== c) Price(s) and volume(s) Price(s) Volume(s) ---------- ---------- GBP0.00 193,998 ---------- ---------- ==== =========================== ===================================== d) Aggregated information Aggregated volume See 4c above Price See 4c above ==== =========================== ===================================== e) Date of the transaction 2018-01-03 ==== =========================== ===================================== f) Place of the transaction XLON ==== =========================== =====================================
For further information please contact:
TT Electronics plc
Richard Tyson, Chief Executive Officer: Tel: + 44 (0)1932 825300
Mark Hoad, Chief Financial Officer:
Emma Darke, Head of Investor Relations and Communications
MHP Communications
Tim Rowntree / Katie Hunt / Ivana Petkova Tel: +44 (0)20 3128 8100
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHLLFSILVISIIT
(END) Dow Jones Newswires
January 04, 2018 05:44 ET (10:44 GMT)
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