Last checked at 27 Apr 2022 17:20
27 April 2022
TT Electronics plc
Purchase and disposal of shares and PDMR notification
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") OR CONNECTED PERSONS
The Company has been notified of the following dealings of ordinary shares in the Company ("Shares") by Warren Tucker (Chairman, Non-executive director and PDMR of the Company) and Kate Tucker (PCA of Warren Tucker), on 26 April 2022.
The transactions have been undertaken to move the shareholdings to a different investment vehicle. Prior to these transactions Warren Tucker's shareholding (including shares held by Kate Tucker) was 60,075 Shares. The net effect of these transactions is, therefore, zero.
Director | Number of Shares sold | Number of Shares purchased | Price paid per Share | Total resultant interest in Shares |
Warren Tucker (own name) | 37,500 | £2.03 | ||
Kate Tucker (own name) | 10,945 | £2.02 | ||
Warren Tucker (SIPP) | 48,445 | £2.03 | 60,075 |
The full details of the purchases are given in notifications below, made in accordance with the requirements of the EU Market Abuse Regulation.
1. | Details of PDMR / person closely associated with them ('PCA') | |||||||
a) | Name | Warren Tucker
| ||||||
2. | Reason for the notification | |||||||
a) | Position / status | Chairman and Non-executive director | ||||||
b) | Initial notification / amendment | Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | TT Electronics plc | ||||||
b) | LEI | 213800TJGBW5VFHQEV54 | ||||||
4. | Details of the transaction(s) | |||||||
a) | Description of the financial instrument, type of instrument
Identification Code | Ordinary Shares of 25p each
GB0008711763 | ||||||
b) | Nature of the transaction | a) Disposal of shares b) Acquisition of shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information Aggregated volume Price |
See 4c above See 4c above
| ||||||
e) | Date of the transaction | 2022-04-26 | ||||||
f) | Place of the transaction | XLON | ||||||
1. | Details of PDMR / person closely associated with them ('PCA') | |||||
a) | Name | Kate Tucker
| ||||
2. | Reason for the notification | |||||
a) | Position / status | PCA of Chairman | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | TT Electronics plc | ||||
b) | LEI | 213800TJGBW5VFHQEV54 | ||||
4. | Details of the transaction(s) | |||||
a) | Description of the financial instrument, type of instrument
Identification Code | Ordinary Shares of 25p each
GB0008711763 | ||||
b) | Nature of the transaction | Disposal of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information Aggregated volume Price |
See 4c above See 4c above
| ||||
e) | Date of the transaction | 2022-04-26 | ||||
f) | Place of the transaction | XLON | ||||
For further information please contact:
TT Electronics plc
Richard Tyson, Chief Executive Officer: Tel: + 44 (0)1932 825300
Mark Hoad, Chief Financial Officer:
Kate Moy, Head of Investor Relations
MHP Communications
Tim Rowntree / Pete Lambie: Tel: +44 (0)20 3128 8100