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REG - Zytronic PLC - Purchase of own shares

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RNS Number : 8550K  Zytronic PLC  10 May 2022

10 May 2022

Zytronic plc

("Zytronic" or the "Company")

Purchase of Own Shares

Further to the confirmation of its intention to implement a share buyback
programme, as set out in its announcement on 17 February 2022, the Company
announces that it has purchased 45,000 of its ordinary shares of 1 pence each
("Ordinary Shares") at an average price of 172.8889 pence per share through
Singer Capital Markets. The Ordinary Shares purchased will be cancelled.

 

Aggregated information

 

 Date of purchase                     9 May 2022
 Number of Ordinary Shares purchased  45,000
 Highest price paid per share         174p
 Lowest price paid per share          172p
 Volume weighted average price paid   172.8889p

 

Transaction details

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation) (which forms part of domestic UK law pursuant to the
European Union (Withdrawal) Act 2018), a detailed breakdown of individual
trades is available below:

 

 

 Number of Ordinary Shares purchased  Transaction price (GBp)  Time of transaction               Trading venue
 25,000                               172p                     10:17:31                          AIMX
 5,000                                174p                     16:23:08                          AIMX
 15,000                               174p                     16:29:42                          AIMX

 

Total voting rights

 

Following the purchase and cancellation of these Ordinary Shares, the
Company's total issued share capital will consist of 10,506,152 Ordinary
Shares, each carrying one voting right. The Company does not hold any Ordinary
Shares in treasury. This figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.

 Enquiries:

Zytronic plc                                                  0191 414 5511

 Mark Cambridge, Chief Executive

 Claire Smith, Group Finance Director

 Singer Capital Markets                                        020 7496 3000

 (Nominated Adviser and Broker)

 Aubrey Powell, Rachel Hayes, Amanda Gray, Katherine Coppock

 

 About Zytronic

 Zytronic is a world-renowned developer and manufacturer of a unique range of
 internationally award winning optically transparent interactive touch sensor
 overlay products for use with electronic displays in industrial, self-service
 and public access equipment.

 Zytronic's products employ a sensing solution that is readily configurable and
 embedded in a laminate core that offers significant durability, environmental
 stability and optical enhancement benefits to system designers specific
 requirements.

 Zytronic has continually developed process and technological know-how and IP
 since the late 1990's around two sensing methodologies; the first being single
 touch self-capacitive which Zytronic markets as PCT™ ("Projected Capacitive
 Technology") and the second being multi-touch, multi-user mutual-capacitive
 which Zytronic markets as MPCT™ ("Mutual Projected Capacitive Technology"),
 in which Zytronic holds five granted patents.

 Zytronic operates from a single site near Newcastle-upon-Tyne in the United
 Kingdom. Zytronic is relatively unique in the touch eco-system as it offers a
 complete one-stop solution from processing internally the form and factor of
 the glass substrates, assembles their touch overlay products to customers
 specific requirements, in environmentally controlled cleanrooms and develops
 the bespoke firmware, software and electronic hardware to link the interactive
 overlays to customer's integrated systems and products.

 

About Zytronic

 

Zytronic is a world-renowned developer and manufacturer of a unique range of
internationally award winning optically transparent interactive touch sensor
overlay products for use with electronic displays in industrial, self-service
and public access equipment.

Zytronic's products employ a sensing solution that is readily configurable and
embedded in a laminate core that offers significant durability, environmental
stability and optical enhancement benefits to system designers specific
requirements.

Zytronic has continually developed process and technological know-how and IP
since the late 1990's around two sensing methodologies; the first being single
touch self-capacitive which Zytronic markets as PCT™ ("Projected Capacitive
Technology") and the second being multi-touch, multi-user mutual-capacitive
which Zytronic markets as MPCT™ ("Mutual Projected Capacitive Technology"),
in which Zytronic holds five granted patents.

Zytronic operates from a single site near Newcastle-upon-Tyne in the United
Kingdom. Zytronic is relatively unique in the touch eco-system as it offers a
complete one-stop solution from processing internally the form and factor of
the glass substrates, assembles their touch overlay products to customers
specific requirements, in environmentally controlled cleanrooms and develops
the bespoke firmware, software and electronic hardware to link the interactive
overlays to customer's integrated systems and products.

 

 

 

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