Tracsis PLC Director/PDMR Shareholding (7735O)

TIDMTRCS

RNS Number : 7735O

Tracsis PLC

21 May 2018

21 May 2018

Tracsis plc

("Tracsis" or the "Group")

Director/PDMR Shareholding

Tracsis plc, a leading provider of software and services for the traffic data and transportation industry, announces that it has been informed that Max Cawthra, Chief Financial Officer has today sold a total of 20,000 Ordinary Shares in the Group (10.6% of his total shareholding).

Following this sale, Mr Cawthra retains an interest in 168,022 Ordinary Shares representing 0.6% of the issued share capital of Tracsis.

 
 1.     Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ------------------------------------------------------------ 
 (a)    Name                          Mr Max Cawthra 
-----  ----------------------------  ------------------------------ 
 2.     Reason for the notification 
-----  ------------------------------------------------------------ 
 (a)    Position/status               Chief Financial Officer 
-----  ----------------------------  ------------------------------ 
 (b)    Initial notification/         Initial notification 
         Amendment 
-----  ----------------------------  ------------------------------ 
 3.     Details of the issuer 
-----  ------------------------------------------------------------ 
 (a)    Name                          Tracsis plc 
-----  ----------------------------  ------------------------------ 
 (b)    LEI                           N/A 
-----  ----------------------------  ------------------------------ 
 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                   Tracsis plc Ordinary Shares 
         of the Financial              of 0.4p each 
         Instrument 
-----  ----------------------------  ------------------------------ 
 (b)    Identification                ISIN: GB00B28HSF71 
         code of the 
         Financial Instrument 
-----  ----------------------------  ------------------------------ 
 (c)    Nature of the                 Exercise of options 
         transaction 
-----  ----------------------------  ------------------------------ 
 (d)    Price(s) and                  Price(s)        Volume(s) 
         volume(s) 
                                     --------------  -------------- 
                                      540p            20,000 
                                     --------------  -------------- 
 
        Aggregated 
 (e)     information 
    *    Aggregated volume             20,000 
                                        540p 
 
   - Price 
 ----------------------------------  ------------------------------ 
 (f)    Date of the                   21 May 2018 
         transaction 
-----  ----------------------------  ------------------------------ 
 (g)    Place of the                  London Stock Exchange 
         transaction 
-----  ----------------------------  ------------------------------ 
 

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

Enquiries:

Tracsis plc Tel: [phone]

John McArthur, CEO

Max Cawthra, CFO

finnCap Ltd Tel: [phone]

Christopher Raggett/Scott Mathieson, Corporate Finance

Andrew Burdis, Corporate Broking

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.

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(END) Dow Jones Newswires

May 21, 2018 10:52 ET (14:52 GMT)