Zytronic PLC Purchase of own shares (6861L)

TIDMZYT

RNS Number : 6861L

Zytronic PLC

17 May 2022

17 May 2022

Zytronic plc

("Zytronic" or the "Company")

Purchase of Own Shares

Further to the confirmation of its intention to implement a share buyback programme, as set out in its announcement on 17 February 2022, the Company announces that it has purchased 25,000 of its ordinary shares of 1 pence each ("Ordinary Shares") at an average price of 177.5 pence per share through Singer Capital Markets. The Ordinary Shares purchased will be cancelled.

Aggregated information

 
Date of purchase                      16 May 2022 
Number of Ordinary Shares purchased   25,000 
Highest price paid per share          177.5p 
Lowest price paid per share           177.5p 
Volume weighted average price 
 paid                                 177.5p 
 

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) , a detailed breakdown of individual trades is available below:

 
Number of Ordinary  Transaction price  Time of transaction  Trading venue 
 Shares purchased    (GBp) 
25,000              177.5p             10:39:31             AIMX 
 

Total voting rights

Following the purchase and cancellation of these Ordinary Shares, the Company's total issued share capital will consist of 10,406,152 Ordinary Shares, each carrying one voting right. The Company does not hold any Ordinary Shares in treasury. 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 FCA's Disclosure Guidance and Transparency Rules.

 
Enquiries: 
 Zytronic plc 
  Mark Cambridge, Chief Executive 
  Claire Smith, Group Finance Director         0191 414 5511 
 
  Singer Capital Markets 
  (Nominated Adviser and Broker) 
  Aubrey Powell, Rachel Hayes, Amanda Gray, 
  Katherine Coppock                            020 7496 3000 
 
 
 About Zytronic 
 
 Zytronic is a world-renowned developer and manufacturer of a 
 unique range of internationally award winning optically transparent 
 interactive touch sensor overlay products for use with electronic 
 displays in industrial, self-service and public access equipment. 
 Zytronic's products employ a sensing solution that is readily 
 configurable and embedded in a laminate core that offers significant 
 durability, environmental stability and optical enhancement 
 benefits to system designers specific requirements. 
 Zytronic has continually developed process and technological 
 know-how and IP since the late 1990's around two sensing methodologies; 
 the first being single touch self-capacitive which Zytronic 
 markets as PCT(TM) ("Projected Capacitive Technology") and the 
 second being multi-touch, multi-user mutual-capacitive which 
 Zytronic markets as MPCT(TM) ("Mutual Projected Capacitive Technology"), 
 in which Zytronic holds five granted patents. 
 Zytronic operates from a single site near Newcastle-upon-Tyne 
 in the United Kingdom. Zytronic is relatively unique in the 
 touch eco-system as it offers a complete one-stop solution from 
 processing internally the form and factor of the glass substrates, 
 assembles their touch overlay products to customers specific 
 requirements, in environmentally controlled cleanrooms and develops 
 the bespoke firmware, software and electronic hardware to link 
 the interactive overlays to customer's integrated systems and 
 products. 
 

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May 17, 2022 10:04 ET (14:04 GMT)