31 Jan 2017 15:41
For Immediate Release | 31 January 2017 |
ZYTRONIC PLC
PDMR Dealing, Exercise of Options and Total Voting Rights
The Company announces that it has today issued 75,000 new ordinary shares of 1 pence each ("Ordinary Shares") following an exercise of options by Ian Crosby, PDMR.
On 31 January 2017, Ian Crosby, PDMR, exercised options over 75,000 new Ordinary Shares and subsequently on the same date, Mr. Crosby sold 50,000 Ordinary Shares at a price of 380 pence per Ordinary Share. The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
The exercise of the above options has been satisfied by the Company's block listing arrangements.
The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. Following the issue of the new Ordinary Shares, the Company's issued share capital consists of 15,791,517 Ordinary Shares, each carrying one voting right. The Company does not hold any Ordinary Shares in treasury. This 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 Guidance and Transparency Rules.
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
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
a)
| Name | Ian Crosby | ||||||
2
| Reason for the notification
| |||||||
a)
| Position/status
| PDMR | ||||||
b)
| Initial notification /Amendment
| Initial Notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a)
| Name
| Zytronic plc | ||||||
b)
| LEI
| 213800AYT3F3BC4MGW21 | ||||||
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 Identification code
| Ordinary shares of 1 pence each
GB0006971013 | ||||||
b)
| Nature of the transaction
| (i) Exercise of options over Ordinary Shares (ii) Sale of Ordinary Shares | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information - Aggregated volume - Price
|
N/A | ||||||
e)
| Date of the transaction
| 31 January 2017 | ||||||
f)
| Place of the transaction
| (i) Outside of trading venue (ii) London Stock Exchange (XLON) | ||||||
Zytronic (ZYT)