Director/PDMR Shareholding

RNS Number : 5413N
TT Electronics PLC
30 September 2021
 

 

30 September 2021

 

TT Electronics plc

Notification of Transaction of Persons Discharging Managerial Responsibility (PDMRS)

 

Grant of options to PDMRs under the Company's 2021 Sharesave Scheme

 

TT Electronics plc (the "Company") announces that the following PDMRs have, on 29 September 2021, been granted options ("Options") to purchase ordinary shares of 25p each in the Company (the "Shares") pursuant to the Company's 2021 Sharesave Scheme at an exercise price of £2.26.  The awards in favour of each of the PDMRs set out below are made under the 2021 Sharesave Scheme which is available to all of the Company's UK employees, subject to qualifying conditions.

 

 

PDMR

Number of Shares over which Options granted

 

Richard Tyson

7964

Mark Hoad

7964

 

The Options issued under the Sharesave Scheme are, in normal circumstances, not exercisable until the completion of a three-year savings period, which will end on 30 September 2024 and will then be exercisable for a period of six months from the maturity date of 1 November 2024.

 

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.

DetailsofPDMR/person closely associated with  them  ('PCA')

a)

Name

a)  Richard Tyson

b)  Mark Hoad

 

2.

Reason for the notification

a)

Position / status

a)  CEO

b)  CFO

c)  #

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

Grant of options under the TT Electronics plc 2021 Sharesave Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

a)  £2.26

b)  £2.26

a)  7964

b)  7964

 

d)

Aggregated information

Aggregated volume

Price

See 4c above

See 4c above

 

e)

Date of the transaction

2021-09-29

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:

Kate Moy, Head of Investor Relations and Communications 

 

MHP Communications

Tim Rowntree / Rachel Mann:       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.

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.
 
END
 
 
DSHFIFVTATIIVIL
UK 100

Latest directors dealings