Last checked at 28 Apr 2016 09:10
28 April 2016
TT Electronics plc
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This notification is made in accordance with DTR 3.1.4(1)(a)
On 27 April 2016 the final portion of the share award granted on 22 August 2014 to Richard Tyson, the Company's Chief Executive Officer and a Person Discharging Managerial Responsibility, vested.
An Award was therefore released as follows:
Name of Director/PDMR | Value of award*(£) | Number of shares vested | Number of Shares transferred (post tax/NI) to Director/PDMR | Total holding following vesting of award (and % of issued Shares) |
Richard Tyson | 198,487 | 124,709 | 66,095 | 186,756 (0.11%) |
*Including dividend equivalents
No consideration is payable on the vesting of the Shares described in the table above.
The Company was informed by the individual listed above of the transaction described in this notification on 27 April 2016.
For further information please contact:
TT Electronics plc
Lynton Boardman Tel: +44 (0) 1932 825300
MHP Communications
Tim Rowntree/John Olsen/Jamie Ricketts: Tel: +44 (0) 20 3128 8100