Director/PDMR Shareholding

RNS Number : 6391W
TT Electronics PLC
28 April 2016
 

                                                          

 

28 April 2016

 

TT Electronics plc

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This notification is made in accordance with DTR 3.1.4(1)(a)

On 27 April 2016 the final portion of the share award granted on 22 August 2014 to Richard Tyson, the Company's Chief Executive Officer and a Person Discharging Managerial Responsibility, vested.

An Award was therefore released as follows:

Name of Director/PDMR

Value of award*(£)

Number of shares vested

Number of Shares transferred (post tax/NI) to Director/PDMR

Total holding following vesting of award (and % of issued Shares)

Richard Tyson

198,487

124,709

66,095

186,756 (0.11%)

*Including dividend equivalents

No consideration is payable on the vesting of the Shares described in the table above.

The Company was informed by the individual listed above of the transaction described in this notification on 27 April 2016.

For further information please contact:

TT Electronics plc

Lynton Boardman Tel: +44 (0) 1932 825300

MHP Communications

Tim Rowntree/John Olsen/Jamie Ricketts: Tel: +44 (0) 20 3128 8100

 


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