Exercise of Options, Director Dealing and TVR
Filtronic plc
("Filtronic" or the "Company")
23 October 2026
Exercise of Options, Director Dealing and Total Voting Rights
Filtronic plc (AIM: FTC), the designer and manufacturer of advanced RF solutions for the space, aerospace, defence and telecoms infrastructure markets, announces that Nat Edington, Chief Executive Officer, has exercised options over 4,333,333 Ordinary Shares of 0.1 pence each ("Ordinary Shares") under the Company's ESOP scheme (the "Options").
In order to satisfy the exercise price, associated tax liabilities and costs arising from the exercise only, he has sold 2,100,000 Ordinary Shares.
The Company has submitted an application for the 4,333,333 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence on 27 October 2026. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Following the transactions, Nat Edington's beneficial holding in the Company increases to 2,347,067 Ordinary Shares, representing approximately 1.05% of the Company's issued share capital.
Total Voting Rights
Following Admission, the Company's issued share capital will comprise 224,276,056 Ordinary Shares of 0.1 pence each, all of which carry voting rights. The Company does not hold any Ordinary Shares in treasury.
Therefore, the total number of voting rights in the Company will be 224,276,056. Shareholders may use this figure as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change to their interest in, Filtronic plc under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Filtronic plc
Tel. 01740 618800 or investor.relations@filtronic.com
Nat Edington (Chief Executive Officer)
Michael Tyerman (Chief Financial Officer)
Cavendish (Nomad and Corporate broker)
Tel. 020 7220 0500
Giles Balleny, Isaac Hooper, Callum Davidson (Corporate Finance)
Sunila de Silva (Corporate Broking)
Berenberg (Joint broker)
Tom Ballard, Harry Nicholas,
Mark Whitmore, Brooke Harris-Lowing
Tel. 020 3207 7800
Alma Strategic Communications
Caroline Forde, Hannah Campbell, Rose Docherty
Tel. 020 3405 0205 or filtronic@almastrategic.com
About Filtronic:
Filtronic is a leading designer and manufacturer of advanced high-frequency solutions that enable the next generation of space, defence and telecommunications networks. Combining proprietary technology, deep engineering expertise and advanced manufacturing capabilities, the company develops mission-critical products that deliver exceptional performance in the world's most demanding operating environments.
Founded in 1977, Filtronic has been at the forefront of RF innovation, developing core intellectual property and transforming it into highly engineered solutions that power advanced communications, connectivity and sensing applications. Its technologies support critical satellite infrastructure, defence platforms and high-capacity communications networks, helping customers solve increasingly complex engineering challenges.
Trusted by many of the world's leading space, defence and telecommunications organisations, Filtronic works from concept development through to full-scale manufacturing, combining specialist engineering capability with precision production to deliver high-performance products at volume. The company's vertically integrated model, investment in next-generation technologies and long-standing customer relationships position it as a strategic partner in markets benefiting from long-term structural growth.
With manufacturing operations and engineering centres of excellence in the UK and a global customer base, Filtronic is helping shape the future of secure, resilient and high-capacity communications on Earth and in space.
Headquartered in Sedgefield, UK, Filtronic is listed on AIM, the London Stock Exchange's market for growth companies (AIM: FTC).
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nathaniel Edington
2.
Reason for the Notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Filtronic plc
b)
LEI
213800PDQ9V2ZNCDO264
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
Options over Ordinary Shares of 0.1p each
Identification code
GB0003362992
b)
Nature of the transaction
Exercise of Options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Exercise price of 17.25p per share
4,333,333
d)
Aggregated information:
· Aggregated volume
· Price
See section 4c) above
e)
Date of the transaction
22 October 2026
f)
Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nathaniel Edington
2.
Reason for the Notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Filtronic plc
b)
LEI
213800PDQ9V2ZNCDO264
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 0.1p each
Identification code
GB0003362992
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
250p
2,100,000
d)
Aggregated information:
· Aggregated volume
· Price
See section 4c) above
e)
Date of the transaction
22 October 2026
f)
Place of the transaction
London Stock Exchange (AIM)
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