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REG - Zytronic PLC - PDMR Dealing, Exercise of Options & TVR <Origin Href="QuoteRef">ZYT.L</Origin>

RNS Number : 2790G
Zytronic PLC
25 May 2017

For Immediate Release

25 May 2017

ZYTRONIC PLC

PDMR Dealing, Exercise of Options and Total Voting Rights

The Company announces that 95,889 new ordinary shares of 1 pence each ("Ordinary Shares") have been issued as a result of the exercise of employee share options.

On 24 May 2017, Claire Smith, Group Finance Director, exercised options over 67,200 new Ordinary Shares. Mrs. Smith subsequently sold 48,133 Ordinary Shares at a price of 474.13 pence per Ordinary Share. On the same day, Andrew Morrison, PDMR, and Ian Crosby, PDMR, exercised and subsequently sold 10,000 shares each at a price of 474.13 pence per Ordinary Share. The balance of the total number of new shares being issued arises as a result of exercise of options by other employees.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

The above option exercises have 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 16,044,041 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 and 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

Claire Smith

2

Reason for the notification

a)

Position/status

Group Finance Director

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) Exercise of options over Ordinary Shares

(iii) Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

(i) 200 pence

(i) 57,200

(ii) 195 pence

(ii) 10,000

(iii)474.13 pence

(iii) 48,133

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

24 May 2017

f)

Place of the transaction

(i) Outside of trading venue

(ii) Outside of trading venue

(iii) London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Morrison

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)

Price(s)

Volume(s)

(i) 172.8 pence

(i) 10,000

(ii) 474.13 pence

(ii) 10,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

24 May 2017

f)

Place of the transaction

(i) Outside of trading venue

(ii) London Stock Exchange (XLON)

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)

Price(s)

Volume(s)

(i) 172.8 pence

(i) 10,000

(ii) 474.13 pence

(ii) 10,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

24 May 2017

f)

Place of the transaction

(i) Outside of trading venue

(ii) London Stock Exchange (XLON)


This information is provided by RNS
The company news service from the London Stock Exchange
END
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