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TRI Trifast Plc

80.00
1.80 (2.30%)
Last Updated: 08:45:21
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Trifast Plc LSE:TRI London Ordinary Share GB0008883927 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.80 2.30% 80.00 78.20 81.00 80.00 78.80 78.80 92,787 08:45:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Manufacturing Industries,nec 244.39M -2.87M -0.0213 -37.56 107.72M

Trifast PLC Disclosure of transactions by PDMR (7425G)

25/07/2019 12:00pm

UK Regulatory


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TIDMTRI

RNS Number : 7425G

Trifast PLC

25 July 2019

Thursday, 25 July 2019

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 granted the following LTIP awards to the Executive Directors in the form of ordinary shares of 5p each in the Company ("Ordinary Shares") under the terms of the Employee Share Plan and these awards have been accepted by the Executive Directors. 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 these awards.

 
Name             Position                  Number of LTIP awards(1) 
                 ------------------------ 
Mark Belton      Chief Executive Officer   223,557 
Clare Foster     Chief Financial Officer   171,274 
Glenda Roberts   Group Sales Director      155,048 
---------------  ------------------------  ------------------------ 
 

(1) Calculated using a share price of GBP2.08 being the closing share price on 22 July 2019 (the last business day prior to the grant date of 23 July 2019).

 
 Enquiries: 
 Trifast plc 
 Lyndsey Case 
  Company Secretary 
  Tel: +44 (0) 1825 769696 
  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 financial instrument, type of          Ordinary Shares of 5 pence each 
      instrument                                                 GB0008883927 
      Identification 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       223,557 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information        Aggregated volume 
               Price                                              223,557 Ordinary Shares of 5 pence each 
                                                                  Nil consideration 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   23 July 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Clare Foster 
     --------------------------------------------------------  ------------------------------------------------------- 
 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                                                      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 financial instrument, type of          Ordinary Shares of 5 pence each 
      instrument                                                 GB0008883927 
      Identification 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       171,274 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information     Aggregated volume 
            Price                                                 171,274 Ordinary Shares of 5 pence each 
                                                                  Nil consideration 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   23 July 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Glenda Roberts 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Group Sales and Marketing Director 
     --------------------------------------------------------  ------------------------------------------------------- 
 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 financial instrument, type of          Ordinary Shares of 5 pence each 
      instrument                                                 GB0008883927 
      Identification 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       155,048 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information     Aggregated volume 
            Price                                                 155,048 Ordinary Shares of 5 pence each 
                                                                  Nil consideration 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   23 July 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 

*subject to vesting criteria as set out in the 2019 Annual Report

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 rns@lseg.com or visit www.rns.com.

END

DSHBELFLKDFEBBD

(END) Dow Jones Newswires

July 25, 2019 07:00 ET (11:00 GMT)

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