Trackwise Designs - Director/PDMR Shareholding

Trackwise Designs

15/09/2021 13:37

RNS Number : 8975L

Trackwise Designs PLC

15 September 2021

 

15 September 2021

 

TRACKWISE DESIGNS PLC

("Trackwise" or the "Company")

 

Director/PDMR Shareholding

 

Trackwise Designs (AIM: TWD), a leading provider of specialist products using printed circuit technology, announces that Mark Hodgkins, Chief Financial Officer, has bought 10,000 ordinary shares in Trackwise at a price of 243p per share. Following this purchase, Mr Hodgkins has a beneficial interest of 168,869 ordinary shares in the Company representing 0.59% of the issued share capital.

 

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
Mark Hodgkins
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)
b)
Name
LEI code
Trackwise Designs plc
549300KQIX5EWTJMFK75
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 4 pence each
Identification code
GB00BFYT9999
b)
Nature of the transaction
Purchase of ordinary shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
243p per share
10,000
d)
Aggregated information
- Aggregated volume
N/A - single transaction
- Price
e)
Date of the transaction
15 September 2021
f)
Place of the transaction
London Stock Exchange (AIM)

 

 

 

 

 

Enquiries

 

Trackwise Designs plc
+44 (0)1684 299 930
Philip Johnston, CEO
www.trackwise.co.uk
Mark Hodgkins, CFO
finnCap Ltd
+44 (0)20 7220 0500
NOMAD and Broker
Ed Frisby/Tim Harper - Corporate Finance
Andrew Burdis/Barney Hayward - ECM
Alma PR
+44 (0)20 3405 0205
Financial PR and IR
David Ison/Caroline Forde/Josh Royston/Kieran Breheny


 

Notes to editors

 

Trackwise is a UK-based manufacturer of specialist products using printed circuit technology.

 

The full suite includes: Improved Harness Technology™ ("IHT") and Advanced PCBs - Microwave and Radio Frequency ("RF"), Short Flex, Flex Rigid and Rigid Multilayer products.

 

IHT uses a proprietary, patented process that Trackwise has developed to manufacture multilayer flexible printed circuits of unlimited length. While the technology has many applications, the directors expect that one of its primary uses will be to replace traditional wire harness in a variety of industries.

 

The Company manufactures on two sites, located in Tewkesbury and Stevenage (following the acquisition of Stevenage Circuits Ltd in April 2020). It serves customers in Europe and North America. The Company has acquired a third site in Stonehouse Gloucestershire initially for its EV programme.

 

Trackwise Designs plc was admitted to trading on AIM in 2018 with the ticker TWD. For additional information please visit www.trackwise.co.uk

 

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