REG - TT Electronics PLC - Director/PDMR Shareholding
RNS Number : 0757GTT Electronics PLC01 November 2018
1 November 2018
TT Electronics plc
Notification of Transaction of Persons Discharging Managerial Responsibility (PDMRS)
Exercise of options under the Company's 2015 Sharesave Scheme
TT Electronics plc (the "Company") announces that, on 1 November 2018, options were exercised by Mark Hoad, a PDMR of the Company, as set out in the table below pursuant to the maturity of the Company's 2015 Sharesave Scheme. The options were originally granted on 22 September 2015 at a price of 131p 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
Mark Hoad
13,740
131p
454,438*
*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
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
Exercise of options under the TT Electronics plc 2015 Sharesave Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.31
13,740
d)
Aggregated information
Aggregated volume
Price
See 4c above
See 4c above
e)
Date of the transaction
2018-11-01
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:
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.ENDDSHLLFLSLILLIIT
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