TyraTech, Inc. Director/PDMR Shareholding (8590P)

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RNS Number : 8590P

TyraTech, Inc.

07 October 2013

7 October 2013

TYRATECH, INC.

("TyraTech" or the "Company")

Director/PDMR Shareholding

The Company received notification on 4 October 2013 that, Alan Reade, Non-Executive Chairman of the Company, purchased on that date 675,000 common shares of US$0.001 in the Company ("Common Shares") at a price of 5 pence per share. 227,000 of the Common Shares purchased were purchased in Alan Reade's wife's name.

Following this transaction, Alan Reade is beneficially interested in 10,486,358 Common Shares representing an interest of 6.25 per cent of the total voting rights of the Company. In addition, Alan Reade is interested in 2,645,695 stock appreciation right options over Common Shares as follows:

 
 Options Held   Option Exercise   Expiry Date 
                 Price 
 1,000,000      6p                25 April 2022 
 100,570        12p               6 March 2022 
 550,000        10.5p             4 February 2020 
 995,125        12p               20 October 2020 
 

For further information please contact:

TyraTech Inc.

Alan Reade, Non-Executive Chairman

Tel: [phone]

Bruno Jactel, Chief Executive Officer

Tel: [phone]

N+1 Singer, Nominated Adviser and Joint Broker

Jonny Franklin-Adams / Alex Wright

Tel: [phone]

First Columbus LLP, Joint Broker

Chris Crawford

Tel: [phone]

Walbrook, Financial PR and IR

Bob Huxford /Guy McDougall (Public Relations)

Tel + 44 7933 8792

Paul Cornelius (Investor Relations)

Tel [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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