Last checked at 19 Sep 2013 07:00
Dialight plc ("Company")
Director/PDMR sale of shares to meet tax and national insurance liabilities
19 September 2013
The Company has been notified that Mark Fryer, Group Finance Director, sold 21,284 ordinary shares of £0.0189 in the Company on the London Stock Exchange at a price of £11.50 per share on 18 September 2013. These shares were sold in order to meet Mark Fryer's tax and national insurance liabilities which crystallised when an award, made pursuant to the Dialight Performance Share Plan, vested on 2 September 2013. The awarded shares vested at a price of £13.70 per share and were sold at a price of £11.50 per share. As a result a higher number of shares had to be sold to satisfy the aforementioned liabilities. All shares sold formed part that award.
Following this transaction, Mark Fryer now holds a total of 16,538 ordinary shares in the Company, representing 0.051% of the issued share capital of the Company.
For more information:
Nick Giles
Company Secretary
Tel: +44(0) 1638 778641