REG - Tracsis PLC - Director/PDMR Shareholding and Total Voting Rights

TracsisAnnouncement

04/05/2022 12:30

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RNS Number : 3121K  Tracsis PLC  04 May 2022

 

 

Tracsis plc

 

('Tracsis', 'the Company' or 'the Group')

 

Director/PDMR Shareholding and Total Voting Rights

 

 

 

Tracsis, a leading provider of software, hardware, data analytics/GIS and
services for the rail, traffic data and wider transport industries, announces
that Chris Barnes, Chief Executive Officer, exercised 21,417 LTIP options over
ordinary shares of 0.4p each in the Company ("Ordinary Shares") at an exercise
price of 0.4 pence per Ordinary Share (the "Exercise"). Chris Barnes
subsequently sold 10,334 Ordinary Shares (the "Share Sale"), at a price of
1,040 pence per Ordinary Share, in order to cover the tax obligations arising
from the Exercise.

 

Following the Exercise and Share Sale, Chris Barnes' beneficial interest in
the Company is 11,083 Ordinary Shares, representing 0.04 per cent. of the
total issued share capital.

 

 

Total Voting Rights

 

Application has been made for 21,417 Ordinary Shares (the "New Ordinary
Shares") to be admitted to trading on AIM and dealings are expected to
commence on 11 May 2022 ("Admission").

 

Following the issue of the New Ordinary Shares, the number of Ordinary Shares
in issue will be 29,592,130. For the purposes of the Financial Conduct
Authority's Disclosure and Transparency Rules, the total number of ordinary
shares of 0.4p each in the capital of the Company in issue as at the date of
Admission is 29,592,130 with each share carrying the right to one vote.

 

The above figure may be used by shareholders in the Company 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 share capital
of the Company under the Disclosure and Transparency Rules.

 

 

Enquiries:

Tracsis
plc
Tel: 0845 125 9162

Chris Barnes, CEO / Andy Kelly, CFO

finnCap
Ltd
Tel: 020 7220 0500

Christopher Raggett / Charlie Beeson, Corporate Finance

Andrew Burdis / Sunila de Silva, Corporate Broking

Alma
PR
Tel: 020 3405 0205

Rebecca Sanders-Hewett / David Ison / Hilary Buchanan / Joe
Pederzolli          tracsis@almapr.co.uk

 

This Announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the company's obligations under Article 17 of
MAR.

 

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:                                                         Chris Barnes
 1.    Reason for the notification
 a)    Position/status:                                              Chief Executive Officer
 b)    Initial notification/Amendment:                               Initial notification
 2.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name:                                                         Tracsis PLC
 b)    LEI:                                                          2138005I15G3HBN2WD92
 3.    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 0.4 pence each ("Ordinary Shares")

       Identification code:                                          GB00B28HSF71
 b)    Nature of the transaction:                                    Exercise of LTIP options over Ordinary Shares, and sale of Ordinary Shares to
                                                                     cover tax obligations
 c)    Price(s) and volume(s):

Price(s)     Volume(s)
                                                                     Exercise of Options:
                                                                     0.4 pence    21,417
                                                                     Sale of Ordinary Shares:
                                                                     1,040 pence  10,334

 
 d)    Aggregated information:                                       Exercise of LTIP options:

       · Aggregated volume:                                          Volume: 21,417

       · Aggregated Price:                                           Price: £85.67

                                                                     Sale of Ordinary Shares:

                                                                     Volume: 10,334

                                                                     Price: £107,473.60

 e)    Date of the transaction:                                      4 May 2022
 f)    Place of the transaction:                                     AIM, London Stock Exchange (XLON)

 

d)

Aggregated information:

· Aggregated volume:

· Aggregated Price:

Exercise of LTIP options:

Volume: 21,417

Price: £85.67

Sale of Ordinary Shares:

Volume: 10,334

Price: £107,473.60

 

e)

Date of the transaction:

4 May 2022

f)

Place of the transaction:

AIM, London Stock Exchange (XLON)

 

 

 

 

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