Notice of AGM and Proposed Capital Reduction



ZYTRONIC PLC

Posting of Annual Report, Notice of Annual General Meeting and Proposed Capital Reduction

Zytronic plc, a leading specialist manufacturer of touch sensor componentry, announces that its Annual Report and Accounts for the year ended 30 September 2016 (the "Annual Report") is today being published on its website at http://www.zytronicplc.com/investors/ investor-information/finance-performance. Copies of the Annual Report and Notice of the Annual General Meeting of shareholders (the "AGM") are being sent to shareholders today.

The AGM will be held at the Company's offices at Whiteley Road, Blaydon-on-Tyne, Tyne & Wear, NE21 5NJ on 16 February 2017 at 2.00pm.  

At the forthcoming AGM, in addition to normal business, a resolution will be proposed relating to a reduction in the Company's capital ("Capital Reduction") in order to increase the Company's distributable reserves, however there is no immediate plan to return capital to shareholders. If approved by shareholders and by the court, the Company intends to implement the Capital Reduction through a bonus issue of newly created Capital Reduction Shares, and to subsequently cancel the newly created Capital Reduction Shares. This proposed Capital Reduction will not change the number of ordinary shares in issue.

Contacts:

Zytronic plc 0191 414 5511

Mark Cambridge, Chief Executive

Claire Smith, Group Finance Director

N+1 Singer (Nominated Adviser & Broker) 020 7496 3000

Aubrey Powell / Liz Yong