Zytronic PLC PDMR Dealing, Exercise of Options & TVR (6381V)

TIDMZYT

RNS Number : 6381V

Zytronic PLC

31 January 2017

 
For Immediate Release  31 January 2017 
 

ZYTRONIC PLC

PDMR Dealing, Exercise of Options and Total Voting Rights

The Company announces that it has today issued 75,000 new ordinary shares of 1 pence each ("Ordinary Shares") following an exercise of options by Ian Crosby, PDMR.

On 31 January 2017, Ian Crosby, PDMR, exercised options over 75,000 new Ordinary Shares and subsequently on the same date, Mr. Crosby sold 50,000 Ordinary Shares at a price of 380 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 15,791,517 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                Ian Crosby 
---  ------------------  ------------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------- 
 a)   Position/status     PDMR 
---  ------------------  ------------------------------------------- 
 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) Sale of Ordinary Shares 
---  ------------------  ------------------------------------------- 
 c)   Price(s)             Price(s)                  Volume(s) 
       and volume(s)       ------------------------  ------------ 
                                     (i) 200 pence    (i) 75,000 
                                     (ii) 380 pence   (ii) 50,000 
                           ------------------------  ------------ 
---  ------------------  ------------------------------------------- 
 d)   Aggregated 
       information 
       - Aggregated         N/A 
       volume 
       - Price 
---  ------------------  ------------------------------------------- 
 e)   Date of             31 January 2017 
       the transaction 
---  ------------------  ------------------------------------------- 
 f)   Place of                 (i) Outside of trading venue 
       the transaction          (ii) 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 31, 2017 10:41 ET (15:41 GMT)