REG - TT Electronics PLC - Director/PDMR Shareholding

TT electronicsAnnouncement

02/10/2024 07:00

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RNS Number : 5557G  TT Electronics PLC  02 October 2024

 

2 October 2024

 

TT Electronics plc

Notification of Transaction of Persons Discharging Managerial Responsibility
(PDMRS)

 

Grant of options to PDMRs under the Company's 2024 Sharesave Scheme

 

TT Electronics plc (the "Company") announces that the following PDMRs have, on
30 September 2024, been granted options ("Options") to purchase ordinary
shares of 25p each in the Company (the "Shares") pursuant to the Company's
2024 Sharesave Scheme at an exercise price of £1.269.  The awards in favour
of each of the PDMRs set out below are made under the 2024 Sharesave Scheme
which is available to all of the Company's UK employees, subject to qualifying
conditions.

 

 

 PDMR          Number of Shares over which Options granted

 Peter France  14,617
 Mark Hoad     14,617

 

The Options issued under the Sharesave Scheme are, in normal circumstances,
not exercisable until the completion of a three-year savings period, which
will end on 30 September 2027 and will then be exercisable for a period of six
months from the maturity date of 1 November 2027.

 

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)   Peter France

                                                                    b)   Mark Hoad

 2.    Reason for the notification
 a)    Position / status                                            a)   CEO

                                                                    b)   CFO
 b)    Initial notification /                                       Initial notification

       amendment
 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  Ordinary Shares of 25p each

       Identification Code

                                                                    GB0008711763
 b)    Nature of the transaction                                    Grant of options under the TT Electronics plc 2024 Sharesave Scheme
 c)    Price(s) and volume(s)

Price(s)         Volume(s)
                                                                    a)   £1.269      a)   14,617

                                                                    b)   £1.269      b)   14,617
 d)    Aggregated information                                       See 4c above

       Aggregated volume                                            See 4c above

       Price
 e)    Date of the transaction                                      2024-09-30
 f)    Place of the transaction                                     XLON

d)

Aggregated information

Aggregated volume

Price

See 4c above

See 4c above

 

e)

Date of the transaction

2024-09-30

f)

Place of the transaction

XLON

 

 

For further information please contact:

 

TT Electronics plc

Peter France, 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 / Ollie
Hoare
Tel:  +44 (0) 7817 458804

 

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