Trackwise Designs PLC Director/PDMR Shareholding (9339V)

TIDMTWD

RNS Number : 9339V

Trackwise Designs PLC

11 April 2019

11(th) April 2019

TRACKWISE DESIGNS PLC

("Trackwise" or the "Company")

Director / PDMR Dealing

Trackwise Designs Plc (AIM: TWD), a leading provider of specialist products using printed circuit technology, announces that Mark Hodgkins, Chief Financial Officer, has bought 9,000 ordinary shares in Trackwise at a price of 92.5p per share. Following this purchase, Mr Hodgkins has a beneficial interest of 56,619 ordinary shares in the Company representing 0.38% Of the issued share capital.

Further information is disclosed below pursuant to Article 19(3) of the Market Abuse Regulation.

 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                               Mark Hodgkins 
       ---------------------------------  ---------------------------------------------- 
 2      Reason for the notification 
       --------------------------------------------------------------------------------- 
 a)     Position/status                    Chief Financial Officer 
       ---------------------------------  ---------------------------------------------- 
 b)     Initial notification               Initial Notification 
         /Amendment 
       ---------------------------------  ---------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       --------------------------------------------------------------------------------- 
 a)     Name                               Trackwise Designs plc 
 
  b)     LEI code                           549300KQIX5EWTJMFK75 
       ---------------------------------  ---------------------------------------------- 
 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                 Ordinary Shares of nominal value of 0.1 
         financial instrument,              pence each 
         type of instrument 
 
        Identification code                ISIN GB00BFYT9999 
 
 b)     Nature of the transaction          Sale of ordinary shares 
       ---------------------------------  ---------------------------------------------- 
 c)     Price(s) and volume(s) 
                                           --------------------------  --------------- 
                                            Price(s)                    Volume(s) 
                                           --------------------------  --------------- 
    92.5p per share                                                     9,000 
   ------------------------------------------------------------------  --------------- 
 
 d)     Aggregated information 
 
  - Aggregated volume                N/A - single transaction 
 
  - Price 
 
 e)     Date of the transaction            11 April 2019 
       ---------------------------------  ---------------------------------------------- 
 f)     Place of the transaction           London Stock Exchange (AIM) 
       ---------------------------------  ---------------------------------------------- 
 

Enquiries:

   Trackwise Designs PLC                                                           www.trackwise.co.uk 

Philip Johnston, CEO [phone]

Mark Hodgkins, CFO [phone]

Arden Partners plc

NOMAD and Broker

   Ciaran Walsh/Steve Douglas/Dan Gee-Summons                  [phone] 

IFC Advisory Ltd

(Financial PR and IR)

   Tim Metcalfe/Miles Nolan/Zac Cohen                                   [phone] 

Notes to editors

Trackwise is an established business that manufactures specialist products using printed circuit technology. The Company consists of two divisions Radio Frequency ("RF") and Improved Harness Technology ("IHT").

The RF business unit manufactures specialist printed circuits which are primarily used in the antenna infrastructure to support the 3G/4G mobile phone networks. However, the technology has a number of other applications which render the RF business a stable revenue generator.

The IHT division utilises the Company's unique proprietary technology, a patented process that Trackwise has developed to manufacture unlimited length multilayer flexible printed circuits. The Directors believe that the technology has many applications but believe one of its primary uses could be to replace traditional wire harness used in a variety of industries.

Trackwise Designs plc was admitted to trading on AIM on 31 July 2018 with the ticker TWD.

For additional information please visit: www.trackwise.co.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHSFDFFFFUSEFL

(END) Dow Jones Newswires

April 11, 2019 07:15 ET (11:15 GMT)