Last checked at 21 May 2018 15:52
21 May 2018
Tracsis plc
("Tracsis" or the "Group")
Director/PDMR Shareholding
Tracsis plc, a leading provider of software and services for the traffic data and transportation industry, announces that it has been informed that Max Cawthra, Chief Financial Officer has today sold a total of 20,000 Ordinary Shares in the Group (10.6% of his total shareholding).
Following this sale, Mr Cawthra retains an interest in 168,022 Ordinary Shares representing 0.6% of the issued share capital of Tracsis.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Mr Max Cawthra | |
2. | Reason for the notification | ||
(a) | Position/status | Chief Financial Officer | |
(b) | Initial notification/ Amendment | Initial notification | |
3. | Details of the issuer | ||
(a) | Name | Tracsis plc | |
(b) | LEI | N/A | |
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 | Tracsis plc Ordinary Shares of 0.4p each | |
(b) | Identification code of the Financial Instrument | ISIN: GB00B28HSF71 | |
(c) | Nature of the transaction | Exercise of options | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
540p | 20,000 | ||
(e) | Aggregated information - Aggregated volume - Price |
20,000 540p | |
(f) | Date of the transaction | 21 May 2018 | |
(g) | Place of the transaction | London Stock Exchange | |
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Enquiries:
Tracsis plc Tel: 0845 125 9162
John McArthur, CEO
Max Cawthra, CFO
finnCap Ltd Tel: 020 7220 0500
Christopher Raggett/Scott Mathieson, Corporate Finance
Andrew Burdis, Corporate Broking