Director/PDMR Shareholding
Summary by AI BETAClose X
9 April 2026
Filtronic plc
(the "Company")
Director/PDMR Dealing
Filtronic plc (AIM: FTC), the designer and manufacturer of advanced RF solutions for the space, aerospace and defence, and telecoms infrastructure markets, announces that Michael Tyerman, Chief Financial Officer, has today sold 240,631 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at a price of 205p per share. Following the sale, Michael continues to hold a beneficial interest in 250,000 Ordinary Shares as well as options over a total of 1,370,012 Ordinary Shares which are scheduled to vest in calendar year 2026 if the performance conditions are met at the vesting date.
The Company also announces that Peter Magowan, Non-Executive Director, today sold 100,000 Ordinary Shares at a price of 205p per share. Following this sale, Peter remains interested in 650,000 Ordinary Shares representing approximately 0.3% of the Company's issued share capital.
Enquiries:
|
Filtronic plc Nat Edington (Chief Executive Officer) Michael Tyerman (Chief Financial Officer)
|
|
Tel. 01740 618800 or investor.relations@filtronic.com |
|
Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker) Jonny Franklin-Adams, Isaac Hooper, Callum Davidson (Corporate Finance) Sunila de Silva (Corporate Broking) |
|
Tel. 020 7220 0500 |
|
Berenberg (Joint broker) Tom Ballard, Mark Whitmore, Harry Nicholas, Brooke Harris-Lowing |
|
Tel. 020 3207 7800 |
|
Alma Strategic Communications Caroline Forde, Hannah Campbell, Rose Docherty |
|
Tel. 020 3405 0205 or filtronic@almastrategic.com |
About Filtronic:
Filtronic is at the leading edge of advanced microelectronics globally, specialising in the design and manufacture of mission-critical communication networks. Operating from two global manufacturing sites and three engineering centres of excellence, the company delivers solutions that span the full RF spectrum. An extensive patent portfolio highlights Filtronic's ongoing drive for innovation and technological leadership.
With a track record of over 45 years', Filtronic's technology is trusted across high-performance sectors including space, aerospace, defence, telecoms infrastructure and critical communications. The company develops core IP building blocks and transforms them into highly customised solutions for high-growth target markets. Filtronic's expertise enables seamless data transmission, delivering greater bandwidth, lower latency and enhanced connectivity.
Filtronic has successfully coupled this engineering expertise with investment in state-of-the-art production equipment that enables the rapid transition of a turn-key solution from product development to full scale, high quality manufacturing, at volume. The strategic markets of LEO space, aerospace and defence are the focus of current product development programmes, where Filtronic can add significant value, realise long term sustainable margins and deliver shareholder value.
Operating globally and headquartered in Sedgefield, UK, Filtronic is listed on the AIM market of the London Stock Exchange.
Further information is disclosed below pursuant to Article 19(3) of the Market Abuse Regulation.
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Michael Tyerman |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial notification/Amendment |
|
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Filtronic plc |
||||
|
b) |
LEI |
213800PDQ9V2ZNCDO264 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of 0.1p each ("Ordinary Shares")
|
||||
|
Identification code |
GB0003362992 |
|||||
|
b) |
Nature of the transaction |
Sale of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
See 4c) above |
||||
|
e) |
Date of the transaction |
9 April 2026 |
||||
|
f) |
Place of the transaction |
London Stock Exchange (AIM) |
||||
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Peter Magowan |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Non-Executive Director |
||||
|
b) |
Initial notification/Amendment |
|
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Filtronic plc |
||||
|
b) |
LEI |
213800PDQ9V2ZNCDO264 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of 0.1p each ("Ordinary Shares")
|
||||
|
Identification code |
GB0003362992 |
|||||
|
b) |
Nature of the transaction |
Sale of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
See 4c) above |
||||
|
e) |
Date of the transaction |
9 April 2026 |
||||
|
f) |
Place of the transaction |
London Stock Exchange (AIM) |
||||
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.
Latest directors dealings
- 1 day ago Savannah Energy
- 1 day ago Buccaneer Energy PLC
- 1 day ago Savannah Energy
- 1 day ago Carclo
- 1 day ago Schroder Japan Growth Fund