Trifast PLC Director/PDMR Shareholding - LTIP Grant (6680Y)

TIDMTRI

RNS Number : 6680Y

Trifast PLC

07 September 2022

Wednesday 7 September 2022

Trifast plc

(the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities

The Company announces that, further to the terms set out in the Company's Remuneration Policy, the Remuneration Committee has decided to grant an LTIP award to Mark Belton, CEO, in the form of 623,960 ordinary shares of 5p each in the Company ("Ordinary Shares") under the terms of the Employee Share Plan. The scheme includes a three-year vesting period for these awards as well as ongoing corporate performance requirement for the period until vesting. No payment will be made for the grant or vesting of this award.

Total Voting Rights (TVR)

The Company's total issued share capital is 136,104,935 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore, the total number of voting rights in the Company is 136,104,935. 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 Financial Conduct Authority's Disclosure and Transparency Rules

Enquiries:

Trifast plc

Christopher Morgan

Company Secretary

Tel: [phone]

www.trifast.com

The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                             Mark Belton 
     -------------------------------  ------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------- 
 a.   Position/status                  Chief Executive Officer 
     -------------------------------  ------------------------------------- 
 b.   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a.   Name                             Trifast plc 
     -------------------------------  ------------------------------------- 
 b.   LEI                              213800WFIVE6RWK3CR22 
     -------------------------------  ------------------------------------- 
 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 5 pence each 
       Financial instrument, type 
       of instrument Identification     GB0008883927 
       code 
     -------------------------------  ------------------------------------- 
 b.   Nature of the transaction        Grant of Award under the Trifast plc 
                                        Employee Share Plan 2014 
     -------------------------------  ------------------------------------- 
 c.   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         Nil         623,960 
                                                    ---------- 
     -------------------------------  ------------------------------------- 
 d.        Aggregated information 
             *    Aggregated volume      623,960 
                                         Nil 
 
             *    Price 
     -------------------------------  ------------------------------------- 
 e.   Date of the transaction          06.09.22 
     -------------------------------  ------------------------------------- 
 f.   Place of the transaction         Outside a trading venue 
     -------------------------------  ------------------------------------- 
 

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September 07, 2022 11:41 ET (15:41 GMT)