Filtronic PLC Exercise of Options, Director Dealing and TVR

RNS Number : 9498T

Filtronic PLC

26 June 2024

 

 

26 June 2024

Filtronic plc

(the "Company")

 

Exercise of Options, Director Dealing and Total Voting Rights

 

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, space and telecoms infrastructure markets, announces that the Company has issued 358,915 new Ordinary Shares 0.1 pence each ("Ordinary Shares") as a result of an exercise of options under the Company's Sharesave Plan (the "Options"). Of this total exercise, Options over 58,290 Ordinary Shares were exercised by Michael Tyerman, Chief Financial Officer of the Company, increasing Mr. Tyerman's beneficial holding to 639,891 Ordinary Shares, representing 0.3 per cent. of the Company's total issued share capital.

 

Application has been made for the 358,915 new Ordinary Shares to be admitted to trading on AIM. It is expected that the dealings in these new Ordinary Shares will commence on 27 June 2024. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

 

Following Admission, the Company will have in issue a total of 218,392,125 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.

 

 

Enquiries:

Filtronic plc	Tel. [phone] or [e-mail]
Nat Edington (Chief Executive Officer)
Michael Tyerman (Chief Financial Officer)
Cavendish Capital Markets Limited	Tel. [phone]
Jonny Franklin-Adams/George Dollemore (Corporate Finance)
Sunila de Silva (ECM)
Walbrook PR Limited	Tel. [phone] or [e-mail]
Nick Rome/Jospeh Walker

 

 

Further details of the PDMR dealing are included below. This information has been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Tyerman
2.	Reason for the Notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Filtronic plc
b)	LEI	213800PDQ9V2ZNCDO264
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 instrument, type of instrument	Ordinary Shares of 0.1p each
	Identification code	GB0003362992
b)	Nature of the transaction	Option exercise
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.0667 58,290
d)	Aggregated information: ·      Aggregated volume ·      Price	See above
e)	Date of the transaction	20 June 2024
f)	Place of the transaction	Off Market

 

 

 

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END

 

 

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