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11 Apr 2019 14:25
11th April 2019
Correction: The announcement released at 12:15 p.m. today had a typographical error in the title stating the transaction as a sale in the table below, this has been corrected to purchase.
TRACKWISE DESIGNS PLC
("Trackwise" or the "Company")
Director / PDMR Dealing
Trackwise Designs Plc (AIM: TWD), a leading provider of specialist products using printed circuit technology, announces that Mark Hodgkins, Chief Financial Officer, has bought 9,000 ordinary shares in Trackwise at a price of 92.5p per share. Following this purchase, Mr Hodgkins has a beneficial interest of 56,619 ordinary shares in the Company representing 0.38% Of the issued share capital.
Further information is disclosed below pursuant to Article 19(3) of the Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Mark Hodgkins
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Financial Officer | |||
b)
| Initial notification /Amendment | Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
b) | Name
LEI code | Trackwise Designs plc
549300KQIX5EWTJMFK75 | |||
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, type of instrument | Ordinary Shares of nominal value of 4 pence each | |||
Identification code | ISIN GB00BFYT9999 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
92.5p per share | 9,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A - single transaction | ||||
- Price | |||||
e)
| Date of the transaction
| 11 April 2019 | |||
f)
| Place of the transaction
| London Stock Exchange (AIM) | |||
Enquiries:
Trackwise Designs PLC www.trackwise.co.uk
Philip Johnston, CEO +44 (0) 1684 299930
Mark Hodgkins, CFO +44 (0) 1684 299930
Arden Partners plc
NOMAD and Broker
Ciaran Walsh/Steve Douglas/Dan Gee-Summons +44(0)20 7614 5900
IFC Advisory Ltd
(Financial PR and IR)
Tim Metcalfe/Miles Nolan/Zac Cohen +44(0)20 3934 6635
Notes to editors
Trackwise is an established business that manufactures specialist products using printed circuit technology. The Company consists of two divisions Radio Frequency ("RF") and Improved Harness Technology ("IHT").
The RF business unit manufactures specialist printed circuits which are primarily used in the antenna infrastructure to support the 3G/4G mobile phone networks. However, the technology has a number of other applications which render the RF business a stable revenue generator.
The IHT division utilises the Company's unique proprietary technology, a patented process that Trackwise has developed to manufacture unlimited length multilayer flexible printed circuits. The Directors believe that the technology has many applications but believe one of its primary uses could be to replace traditional wire harness used in a variety of industries.
Trackwise Designs plc was admitted to trading on AIM on 31 July 2018 with the ticker TWD.
For additional information please visit: www.trackwise.co.uk
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