REG - Tracsis PLC - Notification of Transactions by PDMR

TracsisAnnouncement

12/12/2024 12:30

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RNS Number : 9018P  Tracsis PLC  12 December 2024

 

12 December 2024

 

Tracsis plc

 

("Tracsis" or the "Company")

 

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities

 

This notification relates to transactions notified in accordance with Article
19 of the UK Market Abuse Regulation.

 

On 11 December 2024, the Company was notified of the following transactions,
arising from the vesting of the 2021 Long Term Incentive Plan (the "Award"):

 

1.    Chris Barnes, Chief Executive Officer of the Company, who on 29
November 2024 had 8,006 options over ordinary shares of 0.4 pence each in
Tracsis ("Ordinary Shares") vest, subsequently exercised on 11 December 2024,
and sold 3,806 shares at a price of 533 pence per share to cover the immediate
tax liability arising from the vesting and exercise. He retained a further
4,200 Ordinary Shares from the vesting. The balance of the Award, being 19,647
options over Ordinary Shares, have lapsed in accordance with the Award's
performance conditions.

 

As a result of this transaction, Chris Barnes has increased his shareholding
to 44,305 shares, representing 0.15% of the issued capital in the Company.

 

2.    Andy Kelly, Chief Financial Officer of the Company, who on 29
November 2024 had 5,094 options over Ordinary Shares vest, subsequently
exercised on 11 December 2024, and sold 2,422 shares at a price of 533 pence
per share to cover the immediate tax liability arising from the vesting and
exercise. He retained a further 2,672 Ordinary Shares from the vesting. The
balance of the Award, being 12,503 options over Ordinary Shares, lapsed in
accordance with the Award's performance conditions.

 

As a result of this transaction, Andy Kelly has increased his shareholding to
12,996 Ordinary Shares, representing 0.04% of the issued capital in the
Company.

 

 

 Tracsis plc                                                              +44 (0)845 125 9162

 Jan Mitson

 Group Company Secretary

 Berenberg (Nominated Adviser, Corporate Broker & Financial Adviser)      +44 (0)20 3207 7800

 Mark Whitmore / Richard Andrews / Mollie D'Arcy Rice

 James Thompson (QE)

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

Transaction Details - Chris Barnes

 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

       Identification code:                                          GB00B28HSF71
 b)    Nature of the transaction:                                    Exercise of vested options and sale of shares to cover tax
 c)    Price(s) and volume(s):

Price(s)    Volume(s)
                                                                     0.4 pence   8,006 (exercise of vested options)

                                                                     533 pence   3,806 (sale)

 
 d)    Aggregated information:

       · Aggregated volume:                                          As above

       · Price:
 e)    Date of the transaction:                                      11 December 2024
 f)    Place of the transaction:                                     AIM, London Stock Exchange (XLON)

 

d)

Aggregated information:

· Aggregated volume:

· Price:

 

As above

e)

Date of the transaction:

11 December 2024

f)

Place of the transaction:

AIM, London Stock Exchange (XLON)

 

Transaction Details - Andy Kelly

 

 1.    Details of the person discharging managerial responsibilities/person closely
       associated
 a)    Name:                                                         Andy Kelly
 1.    Reason for the notification
 a)    Position/status:                                              Chief Financial 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

       Identification code:                                          GB00B28HSF71
 b)    Nature of the transaction:                                    Exercise of vested options and sale of shares to cover tax
 c)    Price(s) and volume(s):

Price(s)    Volume(s)
                                                                     0.4 pence   5,094 (exercise of vested options)

                                                                     533 pence   2,422 (sale)

 
 d)    Aggregated information:

       · Aggregated volume:                                          As above

       · Price:
 e)    Date of the transaction:                                      11 December 2024
 f)    Place of the transaction:                                     AIM, London Stock Exchange (XLON)

 

d)

Aggregated information:

· Aggregated volume:

· Price:

 

As above

e)

Date of the transaction:

11 December 2024

f)

Place of the transaction:

AIM, London Stock Exchange (XLON)

 

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