REG - Tristel PLC - Proposed Secondary Placing <Origin Href="QuoteRef">TSTL.L</Origin>

TristelAnnouncement

07/04/2017 14:10

RNS Number : 9635B
Tristel PLC
07 April 2017
Tristel plc
("Tristel" or "the Company")
Proposed Secondary Placing
Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces that certain directors intend to sell up to 3,329,371 ordinary shares of 1 penny each in the capital of the Company (the "Placing Shares" and the "Placing"), representing approximately 7.84% of the issued share capital of the Company at a price of 175 pence per Placing Share in order to satisfy market demand and broaden the institutional shareholder base of the Company. The Board also confirms that its expectations for the Company's full year performance remain consistent with its statement dated 23 February 2017.
The completion of the Placing and the resulting directors' shareholdings will be announced as soon as practicable.
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
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 (Corporate Broking)

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