Zytronic PLC - ZYT
Director's Dealing, Exercise of Options and TVR Released 16:40 09-Jan-2017
RNS Number : 7188T Zytronic PLC
09 January 2017
For Immediate Release | 9 January 2017 |
The Company announces that it has today issued 125,000 new ordinary shares of 1 pence each ("Ordinary Shares") following an exercise of options by Mark Cambridge, CEO.
On 9 January 2017, Mark Cambridge, CEO, exercised options over 125,000 new Ordinary Shares and subsequently on the same date, sold 83,333 Ordinary Shares at a price of 400 pence per Ordinary Share. As a result, Mr Cambridge's holding is 92,458 Ordinary Shares in the Company (representing 0.6% per cent. of the total voting rights). The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
The exercise of the above options has been satisfied by the Company's block listing arrangements.
The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. Following the issue of the new Ordinary Shares, the Company's issued share capital consists of 15,554,528 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.
Contacts:
Zytronic plc 0191 414 5511 Mark Cambridge, Chief ExecutiveClaire Smith, Group Finance Director
N+1 Singer (Nominated Adviser & Broker) 020 7496 3000 Aubrey Powell / Liz Yong Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Mark Cambridge |
2 | Reason for the notification | |
a) | Position/status | PDMR (CEO) |
b) | Initial notification /Amendment | Initial Notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Zytronic plc |
b) | LEI | 213800AYT3F3BC4MGW21 |
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 instrument Identification code | Ordinary shares of 1 pence each GB0006971013 |
b) | Nature of the transaction |
| |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
(i) 200 pence | (i) 125,000 | ||||
(ii) 400 pence | (ii) 83,333 | ||||
d) | Aggregated information
| N/A | |||
e) | Date of the transaction | 9 January 2017 | |||
f) | Place of the transaction |
|
This information is provided by RNS
The company news service from the London Stock Exchange
END
Zytronic plc published this content on 09 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 January 2017 09:08:03 UTC.
Original documenthttp://www.zytronicplc.com/wp-content/uploads/sites/5/2017/01/Directors-Dealing-Exercise-of-Options-and-TVR.pdf
Public permalinkhttp://www.publicnow.com/view/4A87824E4C09E6AC3195168AD679B2519193FAB2