Last checked at 10 Feb 2020 07:00
10 February 2020
Filtronic plc
(the "Company")
DIRECTOR/PDMR SHAREHOLDING
Filtronic plc (AIM: FTC), the designer and manufacturer of products for the wireless telecoms and critical communications markets, announces that the Company has received notification that Reg Gott, Executive Chairman of Filtronic, has purchased 100,940 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 9.895 pence per Ordinary Share on 7 February 2020. As a result of the purchase, Reg Gott and related parties have an interest in 455,369 Ordinary Shares, representing 0.2 per cent of the Company's issued share capital.
The Company has also received notification that Danielle Tyerman, wife of Michael Tyerman, Chief Financial Officer of Filtronic, has purchased 60,000 Ordinary Shares at a price of 10.14 pence per Ordinary Share on 6 February 2020. As a result of the purchase, Michael Tyerman and related parties have an interest in 71,182 Ordinary Shares, representing 0.03 per cent of the Company's issued share capital.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Enquiries:
| Filtronic plc | Tel. 0113 220 0000 or investor.relations@filtronic.com | |||
| Reg Gott (Executive Chairman) |
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| Michael Tyerman (Finance Director) |
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| Maura Moynihan (Company Secretary) |
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| finnCap Ltd | Tel. 020 7220 0500 | |||
| Jonny Franklin-Adams/Hannah Boros (Corporate Finance) | ||||
| Alice Lane/Sunila de Silva (ECM) |
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| Walbrook PR Limited | Tel. 020 7933 8780 or filtronic@walbrookpr.com | |||
| Paul Vann
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| Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1. | Details of PDMR / Person Closely Associated with them ('PCA') | ||||
a) | Name | Reg Gott | |||
2. | Reason for Notification | ||||
a) | Position / status | Executive Chairman | |||
b) | Initial notification / amendment | Initial Notification | |||
3. | Details of the Issuer | ||||
a) | Name | Filtronic plc | |||
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 | Ordinary Shares of 0.1p ("Ordinary Shares") | |||
| Identification Code | GB0003362992 | |||
b) | Nature of the transaction | Purchase of Ordinary Shares | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
9.895 pence | 100,940 | ||||
d) | Aggregated information -Aggregated volume -Price | As above | |||
e) | Date of the transaction | 7 February 2020 | |||
f) | Place of the transaction | London Stock Exchange | |||
1. | Details of PDMR / Person Closely Associated with them ('PCA') | ||
a) | Name | Michael Tyerman | |
2. | Reason for Notification | ||
a) | Position / status | Financial Officer | |
b) | Initial notification / amendment | Initial Notification | |
3. | Details of the Issuer | ||
a) | Name | Filtronic plc | |
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 | Ordinary Shares of 0.1p ("Ordinary Shares") | |
| Identification Code | GB0003362992 | |
b) | Nature of the transaction | Purchase of Ordinary Shares | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
10.14 pence | 60,000 | ||
d) | Aggregated information -Aggregated volume -Price | As above | |
e) | Date of the transaction | 6 February 2020 | |
f) | Place of the transaction | London Stock Exchange | |