REG - TT Electronics PLC - Director/PDMR Shareholding

TT electronicsAnnouncement

22/09/2020 15:15

RNS Number : 7662Z
  
TT Electronics PLC
  
22 September 2020
  
 

22 September 2020
 
TT Electronics plc
Purchase of shares and PDMR notification
 
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") OR CONNECTED PERSONS
Pursuant to the Company's announcement on 18 September 2020 regarding the successful completion of a non-pre-emptive placing of new ordinary shares of 25 pence each in the capital of the Company (the "Placing Shares"), the following directors, who are also PDMRs, have purchased Placing Shares in the Company on 22 September 2020:



Director


Purchase date


Number of Shares purchased


Price paid per Share


Resultant interest in Shares




Warren Tucker


22 September 2020


37,500


£2.00


60,075*




Richard Tyson


22 September 2020


15,000


£2.00


873,530*




Mark Hoad


22 September 2020


25,000


£2.00


683,127*




Anne Thorburn


22 September 2020


15,000


£2.00


60,000



* Includes shares held by PCAs
The full details of the purchases are given in notifications below, made in accordance with the requirements of the EU Market Abuse Regulation.
 



 1.


Details of PDMR / person closely associated with them ('PCA')




a)


Name


Warren Tucker
 




2.


Reason for the notification




a)


Position / status


Chairman and 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


TT Electronics plc




b)


LEI


213800TJGBW5VFHQEV54




4.


Details of the transaction(s)




a)


Description of the financial instrument, type of instrument
 
Identification Code


Ordinary Shares of 25p each
 
 
 
GB0008711763




b)


Nature of the transaction


Acquisition of shares issued on non-pre-emptive basis on 22 September 2020




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£2.00


37,500








d)


Aggregated information
Aggregated volume
Price


 
See 4c above
See 4c above
 




e)


Date of the transaction


2020-09-22




f)


Place of the transaction


XLON



 
 



1.


Details of PDMR / person closely associated with them ('PCA')




a)


Name


Richard Tyson
 




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


TT Electronics plc




b)


LEI


213800TJGBW5VFHQEV54




4.


Details of the transaction(s)




a)


Description of the financial instrument, type of instrument
 
Identification Code


Ordinary Shares of 25p each
 
 
 
GB0008711763




b)


Nature of the transaction


Acquisition of shares issued on non-pre-emptive basis on 22 September 2020




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£2.00


15,000








d)


Aggregated information
Aggregated volume
Price


 
See 4c above
See 4c above
 




e)


Date of the transaction


2020-09-22




f)


Place of the transaction


XLON



 
 



1.


Details of PDMR / person closely associated with them ('PCA')




a)


Name


Mark Hoad
 




2.


Reason for the notification




a)


Position / status


CFO




b)


Initial notification /
amendment


Initial notification




3.


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




a)


Name


TT Electronics plc




b)


LEI


213800TJGBW5VFHQEV54




4.


Details of the transaction(s)




a)


Description of the financial instrument, type of instrument
 
Identification Code


Ordinary Shares of 25p each
 
 
 
GB0008711763




b)


Nature of the transaction


Acquisition of shares issued on non-pre-emptive basis on 22 September 2020




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£2.00


25,000








d)


Aggregated information
Aggregated volume
Price


 
See 4c above
See 4c above
 




e)


Date of the transaction


2020-09-22




f)


Place of the transaction


XLON



 
 



1.


Details of PDMR / person closely associated with them ('PCA')




a)


Name


Anne Thorburn
 




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


TT Electronics plc




b)


LEI


213800TJGBW5VFHQEV54




4.


Details of the transaction(s)




a)


Description of the financial instrument, type of instrument
 
Identification Code


Ordinary Shares of 25p each
 
 
 
GB0008711763




b)


Nature of the transaction


Acquisition of shares issued on non-pre-emptive basis on 22 September 2020




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£2.00


15,000








d)


Aggregated information
Aggregated volume
Price


 
See 4c above
See 4c above
 




e)


Date of the transaction


2020-09-22




f)


Place of the transaction


XLON



 
For further information please contact:
 
TT Electronics plc
Richard Tyson, Chief Executive Officer:                                     Tel:  + 44 (0)1932 825300
Mark Hoad, Chief Financial Officer:
Julian Wais, Head of Investor Relations and Communications   
 
MHP Communications
Tim Rowntree / Rachel Mann:                                                     Tel:  +44 (0)20 3128 8100

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHFLFLSAIIFFII