REG - TT Electronics PLC - Director/PDMR Shareholding

TT electronicsAnnouncement

01/11/2021 17:00

RNS Number : 9750Q
  
TT Electronics PLC
  
01 November 2021
  
 

 
1 November 2021
 
TT Electronics plc
 
Notification of Transaction of Persons Discharging Managerial Responsibility (PDMRS)
 
 
Exercise of options under the Company's 2018 Sharesave Scheme
 
TT Electronics plc (the "Company") announces that, on 1 November 2021, options were exercised by Mark Hoad and Richard Tyson, both PDMRs of the Company, as set out in the table below pursuant to the maturity of the Company's 2018 Sharesave Scheme.  The options were originally granted on 28 September 2018 at a price of 215p and all shares allotted were retained by the individual.  
 
 




PDMR


Number of options exercised and shares retained


Option price (per share)


Resultant beneficial interest in the Company's shares following exercise of Sharesave options




Richard Tyson


8,372


215p


910,454*




Mark Hoad


8,372


215p


711,149**




*R Tyson's beneficial interest includes shares held by a PCA, Louise Tyson.
**M Hoad's beneficial interest includes shares held by a PCA, Tracy Hoad.
 
The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further details.
 
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM




 1.


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




a)


Name


a)   Richard Tyson
b)   Mark Hoad
 




2.


Reason for the notification




a)


Position / status


a)   CEO
b)   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


Exercise of options under the TT Electronics plc 2018 Sharesave Scheme




c)


Price(s) and volume(s)


 




Price(s)


Volume(s)




a)   £2.15
b)   £2.15


a)   8,372
b)   8,372




 




d)


Aggregated information
Aggregated volume
Price


 
See 4c above
See 4c above
 




e)


Date of the transaction


2021-11-01




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:
Kate Moy, Head of Investor Relations and Communications:
 
MHP Communications
Tim Rowntree / Rachel Mann:                                                 Tel:  +44 (0)20 3128 8100
 

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