REG - TT Electronics PLC - Director/PDMR Shareholding

TT electronicsAnnouncement

12/11/2018 16:05

RNS Number : 1026H
TT Electronics PLC
12 November 2018
 


 
12 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 12 November 2018, options were exercised by Richard Tyson, 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




Richard Tyson


13,740


131p


560,896*



*R Tyson's beneficial interest includes shares held by a PCA, Louise Tyson.
 
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


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


2018-11-12




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
 




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