REG - Zytronic PLC - Trading Suspension Notification

ZytronicAnnouncement

26/03/2025 07:16

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250326:nRSZ1447Ca&default-theme=true

RNS Number : 1447C  Zytronic PLC  26 March 2025

26 March 2025

 

Zytronic plc

 

("Zytronic" or the "Company" and its subsidiaries)

 

Trading Suspension Notification

 

Further to the announcement dated 28 February 2025, the Company confirms that
trading in its ordinary shares will be suspended with effect from 1 April
2025, pending publication of the Company's full year Annual Report and
Accounts to 30 September 2024 ("FY AR&A").

 

The Company and its advisers are actively working towards the publication of a
shareholder circular, expected to be released during the week commencing 31
March 2025, which will contain further details regarding the proposed
cancellation of the Company's admission to trading on AIM (the "Cancellation")
and the proposed re-registration of the Company as a private limited company.

 

To facilitate ongoing shareholder transactions following the proposed
Cancellation, and conditional upon the relevant resolution being passed at the
forthcoming General Meeting, the Company has appointed Asset Match Limited to
provide a Secondary Market Trading Facility. This facility is expected to
become available from the effective date of the Cancellation.

 

Asset Match, a firm authorised and regulated by the Financial Conduct
Authority (FRN 579310), will operate an electronic, off-market dealing
facility for the Company's ordinary shares. This platform will enable existing
shareholders and potential new investors to trade the Company's ordinary
shares through periodic auction events, by matching buyers and sellers.

 

Further information on the Secondary Market Trading Facility and how
shareholders can register their interest will be provided in the forthcoming
circular and made available on the Company's website.

 

Enquiries:

 Zytronic plc                                                                                                                                                                                                        0191 414 5511

 Christopher Potts, Non-Executive Chairman

 Claire Smith, Chief Executive Officer

 Asset Match                                                                                                                                                                                                         020 7248 2788
 Limited

 Hannah Woodley, Commercial Director

 Ben Weaver, Business Development Director

 Singer Capital Markets (Nominated Adviser and Broker)                                                                                                                                                               020 7496 3000

 Alex Bond, Samed Ethemi (Investment Banking)

 

Notes to Editors

The Company's trading entity Zytronic Displays Limited ("ZDL") is an
established developer and manufacturer of a 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.

 

ZDL has continually developed process and technological know-how and
intellectual property since the late 1990's around two projected capacitance
("PCAP") sensing methodologies; trademarked by it as PCT™ ("Projected
Capacitive Technology") and MPCT™ ("Mutual Projected Capacitive
Technology"), in respect of which 20 internationally granted patents are held.
As part of this the Company has invested in and developed an advanced
electronic PCAP controller, the ZXY500, which incorporates a specialist
Application Specific Integrated Circuit ("ASIC") specified and owned by
Zytronic, and bespoke firmware on the controller processor.

 

ZDL's PCAP sensing solutions are readily configurable and embedded in a
laminate core which offers significant durability, environmental stability,
and optical enhancement benefits to meet system-specific design requirements.

 

The Company is headquartered at Blaydon-upon-Tyne in the United Kingdom. ZDL
operates from this site, providing its manufactured products globally through
a number of sales channel partners. ZDL differentiates itself from others in
the touch eco-system as it offers a complete one-stop solution including
processing internally of the form and factor of glass and film substrates, the
assembly of the associated touch overlay products, in environmentally
controlled cleanrooms to customer's specific requirements and the development
of the bespoke firmware, software and electronic hardware which comprise the
controller that links the manufactured touch interactive overlays to a
customer's integrated systems and product.

 

For more information about ZDL's technologies and products, and the Company
please see www.zytronic.co.uk (https://www.zytronic.co.uk/)

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCSEDESIEISEFD