Zytronic PLC Director's Dealing, Exercise of Options and TVR (0634V)

TIDMZYT

RNS Number : 0634V

Zytronic PLC

25 January 2017

 
For Immediate Release  25 January 2017 
 

ZYTRONIC PLC

Director's Dealing, Exercise of Options and Total Voting Rights

The Company announces that it has today issued 77,800 new ordinary shares of 1 pence each ("Ordinary Shares") following an exercise of options by Claire Smith.

On 24 January 2017, Claire Smith, Group Finance Director exercised options over 77,800 new Ordinary Shares and subsequently on the same date, Mrs Smith sold 55,200 Ordinary Shares at a price of 380 pence per Ordinary Share. As a result, Mrs Smith's holding is 23,314 Ordinary Shares in the Company (representing 0.1% per cent. of the total voting rights). 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 15,716,517 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                Claire Smith 
---  ------------------  --------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status     Group Finance Director 
---  ------------------  --------------------------------------------- 
 b)   Initial             Initial Notification 
       notification 
       /Amendment 
---  ------------------  --------------------------------------------- 
 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         Ordinary shares of 1 pence each 
       of the financial 
       instrument, 
       type of             GB0006971013 
       instrument 
       Identification 
       code 
---  ------------------  --------------------------------------------- 
 b)   Nature of                (i) Exercise of options over Ordinary 
       the transaction          Shares 
                                (ii) Exercise of options over Ordinary 
                                Shares 
                                (iii) Sale of Ordinary Shares 
---  ------------------  --------------------------------------------- 
 c)   Price(s)             Price(s)          Volume(s) 
       and volume(s)       ----------------  ------------- 
                            (i) 200 pence     (i) 67,800 
                           ----------------  ------------- 
                            (ii) 195 pence    (ii) 10,000 
                           ----------------  ------------- 
                            (iii) 380 pence   (iii) 55,200 
                           ----------------  ------------- 
---  ------------------  --------------------------------------------- 
 d)   Aggregated 
       information 
       - Aggregated         N/A 
       volume 
       - Price 
---  ------------------  --------------------------------------------- 
 e)   Date of             24 January 2017 
       the transaction 
---  ------------------  --------------------------------------------- 
 f)   Place of                 (i) Outside of trading venue 
       the transaction          (ii) Outside of trading venue 
                                (iii) London Stock Exchange (XLON) 
---  ------------------  --------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 25, 2017 03:40 ET (08:40 GMT)