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

TristelAnnouncement

03/03/2020 10:25

RNS Number : 8483E
  
Tristel PLC
  
03 March 2020
  
 

Tristel plc
("Tristel" or the "Company")
Director/PDMR Shareholding and Issue of Equity
Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces that, following the exercise of options by Liz Dixon, Finance Director, it has issued and allotted 157,523 new ordinary shares of 1 penny each in the Company ("Ordinary Shares"). Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 9 March 2020. 
The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following the above exercise of options, the Company's issued share capital consists of 45,079,346 Ordinary Shares. Accordingly, the figure of 45,079,346 may be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.
Liz Dixon subsequently sold 157,523 Ordinary Shares at a price of 431 pence per Ordinary Share on 2 March 2020. Liz Dixon's resultant shareholding in the Company remains unchanged at 45,000 Ordinary Shares.  Liz Dixon also holds 464,865 options over Ordinary Shares which together with her shareholding represents 1.12% of the issued share capital of the Company.  Of the options held 266,667 have yet to vest.
For further information please contact:       



 Tristel plc


Tel: 01638 721 500




Paul Swinney, Chief Executive Officer


 




Liz Dixon, Finance Director


 




 


 




Walbrook PR Ltd


Tel: 020 7933 8780 or tristel@walbrookpr.com




Paul McManus


Mob: 07980 541 893




Lianne Cawthorne


Mob: 07854 391 303




 


 




finnCap


Tel: 020 7220 0500




Geoff Nash (Corporate Finance)


 




Giles Rolls (Corporate Finance)


 




Alice Lane (ECM)







 
 
 
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


Liz Dixon




2.                


Reason for the Notification.         Sale of Ordinary Shares




a)


Position/status


Director




b)


Initial notification/Amendment





Initial notification 








3.     


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Tristel plc 




b)


LEI


2138009DZ4LH9CZGF662




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 1p 








Identification code


GB00B07RVT99




b)


Nature of the transaction


 



Exercise of options over Ordinary Shares
Sale of Ordinary shares 








c)


Price(s) and volume(s)





Exercise Price


Volume(s)




1p


157,523



 



Price(s)


Volume(s)




4.31 GBP


157,523








d)


Aggregated information:
·      Aggregated volume
·      Price


 
Exercise of options over 157,523 Ordinary Shares at an exercise price of 1p
Sale of 157,523 Ordinary Shares at £4.31 per ordinary share 




e)


Date of the transaction


02/03/2020 




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)



 
 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
DSHUPUPPWUPUGUW