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RNS Number : 8715Z Filtronic PLC 09 April 2026
9 April 2026
Filtronic plc
(the "Company")
Director/PDMR Dealing
Filtronic plc (AIM: FTC), the designer and manufacturer of advanced RF
solutions for the space, aerospace and defence, and telecoms infrastructure
markets, announces that Michael Tyerman, Chief Financial Officer, has today
sold 240,631 ordinary shares of 0.1p each in the Company ("Ordinary Shares")
at a price of 205p per share. Following the sale, Michael continues to hold
a beneficial interest in 250,000 Ordinary Shares as well as options over a
total of 1,370,012 Ordinary Shares which are scheduled to vest in calendar
year 2026 if the performance conditions are met at the vesting date.
The Company also announces that Peter Magowan, Non-Executive Director, today
sold 100,000 Ordinary Shares at a price of 205p per share. Following this
sale, Peter remains interested in 650,000 Ordinary Shares representing
approximately 0.3% of the Company's issued share capital.
Enquiries:
Filtronic plc Tel. 01740 618800 or
Nat Edington (Chief Executive Officer) investor.relations@filtronic.com
Michael Tyerman (Chief Financial Officer)
Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker) Tel. 020 7220 0500
Jonny Franklin-Adams, Isaac Hooper, Callum Davidson (Corporate Finance)
Sunila de Silva (Corporate Broking)
Berenberg (Joint broker) Tel. 020 3207 7800
Tom Ballard, Mark Whitmore, Harry Nicholas,
Brooke Harris-Lowing
Alma Strategic Communications Tel. 020 3405 0205 or filtronic@almastrategic.com
(mailto:filtronic@almastrategic.com)
Caroline Forde, Hannah Campbell, Rose Docherty
About Filtronic:
Filtronic is at the leading edge of advanced microelectronics globally,
specialising in the design and manufacture of mission-critical communication
networks. Operating from two global manufacturing sites and three engineering
centres of excellence, the company delivers solutions that span the full RF
spectrum. An extensive patent portfolio highlights Filtronic's ongoing drive
for innovation and technological leadership.
With a track record of over 45 years', Filtronic's technology is trusted
across high-performance sectors including space, aerospace, defence, telecoms
infrastructure and critical communications. The company develops core IP
building blocks and transforms them into highly customised solutions for
high-growth target markets. Filtronic's expertise enables seamless data
transmission, delivering greater bandwidth, lower latency and enhanced
connectivity.
Filtronic has successfully coupled this engineering expertise with investment
in state-of-the-art production equipment that enables the rapid transition of
a turn-key solution from product development to full scale, high quality
manufacturing, at volume. The strategic markets of LEO space, aerospace and
defence are the focus of current product development programmes, where
Filtronic can add significant value, realise long term sustainable margins and
deliver shareholder value.
Operating globally and headquartered in Sedgefield, UK, Filtronic is listed on
the AIM market of the London Stock Exchange.
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 Michael Tyerman
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) 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 ("Ordinary Shares")
Identification code GB0003362992
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
205 pence 240,631
d) Aggregated information:
· Aggregated volume See 4c) above
· Price
e) Date of the transaction 9 April 2026
f) Place of the transaction London Stock Exchange (AIM)
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 ("Ordinary Shares")
Identification code
GB0003362992
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s) Volume(s)
205 pence 240,631
d)
Aggregated information:
· Aggregated volume
· Price
See 4c) above
e)
Date of the transaction
9 April 2026
f)
Place of the transaction
London Stock Exchange (AIM)
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Peter Magowan
2. Reason for the Notification
a) Position/status Non-Executive Director
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 ("Ordinary Shares")
Identification code GB0003362992
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
205 pence 100,000
d) Aggregated information:
· Aggregated volume See 4c) above
· Price
e) Date of the transaction 9 April 2026
f) Place of the transaction London Stock Exchange (AIM)
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 ("Ordinary Shares")
Identification code
GB0003362992
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s) Volume(s)
205 pence 100,000
d)
Aggregated information:
· Aggregated volume
· Price
See 4c) above
e)
Date of the transaction
9 April 2026
f)
Place of the transaction
London Stock Exchange (AIM)
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