Last checked at 21 Nov 2014 15:21
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| Friday, 21 November 2014 Immediate release
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Trifast plc
(the "Company" or "Trifast")
PDMR Exercise of Options and Share Sales
Trifast plc (Symbol: TRI), the international fastenings group announces that on 20 November 2014, the Company issued 2,000,000 ordinary shares pursuant to the exercise of options by executive directors of Trifast under the Company's Unapproved 2009 Share Option Plan. Subsequently, these ordinary shares have been successfully placed. The Directors as shown below, notified the Company of the transactions pursuant to DTR 3.1.2 on 20 November 2014. The resultant holdings of the PDMRs are as follows: |
Director | Beneficial shareholding as at 3 November 2014 | Options exercised | Shares sold on 20 November 2014 | Price shares sold at | Beneficial shareholding following the exercise of options | % of total issued share capital |
Malcolm Diamond | 533,800 | 1,000,000 | 1,000,000 | 108p | 533,800 | 0.46 |
James Barker | 573,229 | 1,000,000 | 1,000,000 | 108p | 573,229 | 0.49 |
As at today's date, the Directors and related party holdings in the Company total 3,564,529 ordinary shares representing 3.07% of the total ordinary share capital in the Company. |
Total Voting Rights For the purposes of the FCA's Disclosure and Transparency Rules, the Company's total issued share capital as at today's date is 116,058,651 ordinary shares of 5p each.
The total number of voting rights in the Company is therefore 116,058,651. The 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 and Transparency Rules. |
Enquiries: Trifast plc Mark Belton, Group Finance Director & Company Secretary Telephone: +44 (0) 1825 747366
Peel Hunt LLP Stockbroker & financial adviser Justin Jones Mike Bell Tel: +44 (0)20 7418 8900
TooleyStreet Communications Ltd IR, corporate & media relations Fiona Tooley Mobile: +44 (0) 7785 703523 |
For more information: LSE Listing: Ticker: TRI FTSE index sector: FTSE Small Cap and FTSE All-share indices Group website: www.trifast.com Follow us on: Twitter: www.twitter.com/trfastenings ; www.facebook.com/trfastenings : www.linkedin.com/company/tr-fastenings Group website: www.trifast.com
Trifast's trading business TR Fastenings is a leading international manufacturer and distributor of industrial fastenings to the assembly industries, with operations in Europe, the Americas and Asia. |