REG - TT Electronics PLC - Director/PDMR Shareholding

TT electronicsAnnouncement

01/10/2018 16:30

RNS Number : 5916C
TT Electronics PLC
01 October 2018
 


 
01 October 2018
 
TT Electronics plc
Notification of Transaction of Persons Discharging Managerial Responsibility (PDMRS)
 
Grant of options to PDMRs under the Company's 2018 Sharesave Scheme
 
TT Electronics plc (the "Company") announces that the following PDMRs have, on 28 September 2018, been granted options ("Options") to purchase ordinary shares of 25p each in the Company (the "Shares") pursuant to the Company's 2018 Sharesave Scheme at an exercise price of £2.15.  The awards in favour of each of the PDMRs set out below are made under the 2018 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
 




Richard Tyson


8372




Mark Hoad


8372



 
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 2021 and will then be exercisable for a period of six months from the maturity date of 1 November 2021.
 
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


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


Grant of options under the TT Electronics plc 2018 Sharesave Scheme




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£2.15


8372








d)


Aggregated information
Aggregated volume
Price


 
See 4c above
See 4c above
 




e)


Date of the transaction


2018-09-28




f)


Place of the transaction


XLON



 
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


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


Grant of options under the TT Electronics plc 2018 Sharesave Scheme




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£2.15


8372








d)


Aggregated information
Aggregated volume
Price


 
See 4c above
See 4c above
 




e)


Date of the transaction


2018-09-28




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:
Emma Darke, Head of Investor Relations and Communications           
 
MHP Communications
Tim Rowntree / Katie Hunt / Nessyah Hart:                              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.
 
END
 
 
DSHLLFFEISLLIIT