REG - Tracsis PLC - Director/PDMR Shareholding and Issue of Equity

TracsisAnnouncement

04/05/2018 11:15

2018-05-04T10:12:51.995Zreuters.comtag:reuters.com,2018-05-04:newsml_RSD1822Na:13TXT
This file is provided for EAP sample purposes only; it's structure and detail are subject to change, and should not be used as a definitive reference for actual development and processing.2018-05-04T10:12:51.995Z2018-05-04T10:12:51.995Z____UCDP:parsn_lse_10.54.4.69_1.2.37235:2019-06-04T10:12:51.995Z3RSD1822NaREG - Tracsis PLC  - Director/PDMR Shareholding and Issue of EquityLEGACY: Technology (TRBC)Software & IT Services (TRBC level 3)LEGACY: IT Services & Consulting (TRBC)IT Services & Consulting (NEC) (TRBC level 5)Technology (TRBC level 1)IT Services & Consulting (TRBC level 4)Western EuropeUnited KingdomEuropeTechnology / Media / TelecomsSuggested SourcesServicesNews AnnouncementsRegulatory Corporate News AnnouncementsCompany NewsEurope daily earnings hits & missesTracsis PLC








RNS Number : 1822N
Tracsis PLC
04 May 2018
 

4 May 2018
Tracsis plc
("Tracsis" or the "Group")
 
Director/PDMR Shareholding/Issue of equity
 
 
Tracsis plc, a leading provider of software and services for the traffic data and transportation industry, announces that John Nelson, Non-executive Director has today exercised 25,000 options over ordinary shares of 0.4p each ("Ordinary Shares") at an exercise price of 175 pence per Ordinary Share. Accordingly, Tracsis has today issued 25,000 Ordinary Shares of 0.4p each(the "New Ordinary Shares").
 
As a result of this exercise, Mr Nelson's interests in Tracsis increased to 125,824 Ordinary Shares, representing 0.4% of the issued share capital of Tracsis.
Application has been made for the New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 10 May 2018.
In addition, the Company has today issued a further 15,513 Ordinary Shares (the "Staff Option Shares") following an exercise of Options by employees of the Group. The issuance of the Staff Option Shares is covered by the Company's blocklisting for staff options.
Following the issue of the New Ordinary Shares and the Staff Option Shares, the number of Ordinary Shares in issue will increase to 28,295,247. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following this allotment consists of 28,295,247 Ordinary Shares with voting rights attached (one vote per Ordinary Share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Tracsis under the DTRs.
 
 




1.


Details of the person discharging managerial responsibilities/person closely associated




(a)


Name


Mr John Nelson




2.


Reason for the notification




(a)


Position/status


Non-executive Director




(b)


Initial notification/ Amendment


Initial notification




3.


Details of the issuer




(a)


Name


Tracsis plc




(b)


LEI


N/A




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


Tracsis plc Ordinary Shares of 0.4p each        




(b)


Identification code of the Financial Instrument


ISIN: GB00B28HSF71          




(c)


Nature of the transaction


Exercise of options




(d)


Price(s) and volume(s)


Price(s)


Volume(s)












175p


25,000


















(e)


Aggregated information
-               Aggregated volume
-               Price


 
25,000
175p




(f)


Date of the transaction


4 May 2018




(g)


Place of the transaction


London Stock Exchange




 
 
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
 
Enquiries:
Tracsis plc                                                                                                                                             Tel: 0845 125 9162
John McArthur, CEO
Max Cawthra, CFO
finnCap Ltd                                                                                                                                           Tel: 020 7220 0500
Christopher Raggett/Scott Mathieson, Corporate Finance
Andrew Burdis, Corporate Broking
 
 



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