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

TristelAnnouncement

22/07/2020 16:45

RNS Number : 8056T
  
Tristel PLC
  
22 July 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 share options by certain directors it has issued and allotted 878,629 new ordinary shares of 1 penny each in the Company ("Ordinary Shares"). To meet the exercise cost and associated tax liabilities, the directors have subsequently sold 548,629 Ordinary Shares at a price of 404.2 pence per share. In addition, Paul Barnes, Non-Executive Director, has sold 336,095 Ordinary Shares at a price of 404.2 pence per share.
In summary:



Director


Total number of share options exercised


Number of Ordinary Shares sold


Resultant Shareholding


Percentage of the Company's issued share capital held


Remaining number of options held




Paul Swinney


487,097


320,431


643,095


1.4%


166,666




Liz Dixon


331,532


198,198


178,334


0.4%


133,334




Paul Barnes


30,000


351,095


30,000


0.1%


15,000




David Orr


30,000


15,000


43,191


0.1%


15,000



 
Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 29 July 2020. 
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company. Following the above exercise of options, the Company's issued share capital consists of 46,175,162 Ordinary Shares. Accordingly, the figure of 46,175,162 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.
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


Paul Swinney




2.                


Reason for the Notification.         




a)


Position/status


CEO




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


 



Options over Ordinary Shares
Ordinary Shares 








Identification code


GB00B07RVT99




b)


Nature of the transaction


 



Exercise of Options 
Sale of Ordinary shares 








c)


Price(s) and volume(s)





Exercise Price


Volume(s)




1p


487,097



 



Sale Price(s)


Volume(s)




404.2p


320,431








d)


Aggregated information:
·      Aggregated volume
·      Price


 
As above 




e)


Date of the transaction


22 July 2020 




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)



 
 



1.     


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Liz Dixon




2.                


Reason for the Notification.         




a)


Position/status


Finance 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


 



Options over Ordinary Shares
Ordinary Shares 








Identification code


GB00B07RVT99




b)


Nature of the transaction


 



Exercise of Options 
Sale of Ordinary shares 








c)


Price(s) and volume(s)





Exercise Price


Volume(s)




1p


331,532



 



Sale Price(s)


Volume(s)




404.2p


198,198








d)


Aggregated information:
·      Aggregated volume
·      Price


 
As above 




e)


Date of the transaction


22 July 2020 




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)



 
 
 



1.     


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Paul Barnes




2.                


Reason for the Notification.         




a)


Position/status


Non-executive 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


 



Options over Ordinary Shares
Ordinary Shares 








Identification code


GB00B07RVT99




b)


Nature of the transaction


 



Exercise of Options 
Sale of Ordinary shares 








c)


Price(s) and volume(s)





Exercise Price


Volume(s)




1p


30,000



 



Sale Price(s)


Volume(s)




404.2p


351,095








d)


Aggregated information:
·      Aggregated volume
·      Price


 
As above 




e)


Date of the transaction


22 July 2020 




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)



 
 
 



1.     


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


David Orr




2.                


Reason for the Notification.         




a)


Position/status


Non-executive 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


 



Options over Ordinary Shares
Ordinary Shares 








Identification code


GB00B07RVT99




b)


Nature of the transaction


 



Exercise of Options 
Sale of Ordinary shares 








c)


Price(s) and volume(s)





Exercise Price


Volume(s)




1p


30,000



 



Sale Price(s)


Volume(s)




404.2p


15,000








d)


Aggregated information:
·      Aggregated volume
·      Price


 
As above 




e)


Date of the transaction


22 July 2020 




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)



 


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