Filtronic PLC Director/PDMR Shareholding (7737C)

TIDMFTC

RNS Number : 7737C

Filtronic PLC

12 February 2020

12 February 2020

Filtronic plc

(the "Company")

DIRECTOR/PDMR SHAREHOLDING

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the wireless telecoms and critical communications markets, announces that the Company has received notification that Michael Tyerman, Chief Financial Officer of Filtronic, has purchased 267,596 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at an average price of 9.45 pence per Ordinary Share (the "Transaction") on 10 and 11 February 2020.

As a result of the Transaction, Michael Tyerman and related parties have an interest in 338,778 Ordinary Shares, representing 0.16% per cent of the Company's issued share capital.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries:

 
 Filtronic plc                        Tel. [phone] or [e-mail] 
 Reg Gott (Executive Chairman) 
 Michael Tyerman (Finance Director) 
 Maura Moynihan (Company Secretary) 
 finnCap Ltd                          Tel. [phone] 
 Jonny Franklin-Adams/Hannah Boros (Corporate Finance) 
 Alice Lane/Sunila de Silva (ECM) 
 Walbrook PR Limited                  Tel. [phone] or [e-mail] 
 Paul Vann 
 
 
 
       Notification and public disclosure of transactions by persons discharging 
        managerial responsibilities and persons closely associated with 
        them. 
==== 
1.     Details of PDMR / Person Closely Associated with them ('PCA') 
====  ============================================================================================== 
 a)    Name                                            Michael Tyerman 
====  ==============================================  ============================================== 
 2.    Reason for Notification 
====  ============================================================================================== 
 a)    Position / status                               Chief Financial Officer 
====  ==============================================  ============================================== 
 b)    Initial notification /                          Initial Notification 
        amendment 
====  ==============================================  ============================================== 
 3.    Details of the Issuer 
====  ============================================================================================== 
 a)    Name                                            Filtronic plc 
====  ==============================================  ============================================== 
 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                    Ordinary Shares of 0.1p ("Ordinary Shares") 
        instrument 
====  ==============================================  ============================================== 
       Identification Code                             GB0003362992 
====  ==============================================  ============================================== 
 b)    Nature of the transaction                       Purchase of Ordinary Shares 
====  ==============================================  ============================================== 
 c)    Price(s) and volume(s)                          Price(s)                Volume(s) 
====  ==============================================  ======================  ====================== 
                                                      9.49p                   105,374 
 ===================================================  ======================  ====================== 
 d)    Aggregated information                         As above 
        -Aggregated volume 
        -Price 
====  ==============================================  ============================================== 
 e)    Date of the transaction                         10 February 
====  ==============================================  ============================================== 
 f)    Place of the transaction                        London Stock Exchange 
====  ==============================================  ============================================== 
 
 
1.     Details of PDMR / Person Closely Associated with them ('PCA') 
====  =========================================================================================== 
 a)    Name                                         Michael Tyerman 
====  ===========================================  ============================================== 
 2.    Reason for Notification 
====  =========================================================================================== 
 a)    Position / status                            Chief Financial Officer 
====  ===========================================  ============================================== 
 b)    Initial notification /                       Initial Notification 
        amendment 
====  ===========================================  ============================================== 
 3.    Details of the Issuer 
====  =========================================================================================== 
 a)    Name                                         Filtronic plc 
====  ===========================================  ============================================== 
 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                 Ordinary Shares of 0.1p ("Ordinary Shares") 
        instrument 
====  ===========================================  ============================================== 
       Identification Code                          GB0003362992 
====  ===========================================  ============================================== 
 b)    Nature of the transaction                    Purchase of Ordinary Shares 
====  ===========================================  ============================================== 
 c)    Price(s) and volume(s)                       Price(s)                Volume(s) 
====  ===========================================  ======================  ====================== 
                                                   9.3644p                 56,501 
                                                    9.44p                   105,721 
 ================================================  ======================  ====================== 
 d)    Aggregated information                      As above 
        -Aggregated volume 
        -Price 
====  ===========================================  ============================================== 
 e)    Date of the transaction                      11 February 
====  ===========================================  ============================================== 
 f)    Place of the transaction                     London Stock Exchange 
====  ===========================================  ============================================== 
 

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February 12, 2020 05:44 ET (10:44 GMT)