Filtronic PLC Exercise of Options, Director Dealing and TVR
September 03 2024 - 10:31AM
RNS Regulatory News
RNS Number : 7577C
Filtronic PLC
03 September 2024
3 September 2024
Filtronic
plc
(the
"Company")
Exercise of Options, Director
Dealing and Total Voting Rights
Filtronic plc (AIM: FTC),
the designer and manufacturer of products for
the aerospace, defence, space and
telecoms infrastructure markets, announces
that the Company has issued 277,665 new Ordinary Shares 0.1 pence
each ("Ordinary Shares") as a result of an exercise of options
under the Company's ESOP scheme (the "Options").
Of this total exercise, Options over
110,397 Ordinary Shares were exercised by Michael Tyerman, Chief
Financial Officer of the Company, who has also sold 15,625 Ordinary
Shares in order to cover the exercise price of the option exercise,
increasing Mr. Tyerman's beneficial holding to 734,663 Ordinary
Shares, representing 0.3 per cent. of the Company's total issued
share capital.
Application has been made for the
277,665 new Ordinary Shares to be admitted to trading on AIM. It is
expected that the dealings in these new Ordinary Shares will
commence on 9 September 2024. The new Ordinary Shares will rank
pari passu with the
existing Ordinary Shares.
Following Admission, the Company
will have in issue a total of 218,877,042 Ordinary Shares. The
Company does not hold any Ordinary Shares in treasury.
Enquiries:
|
Filtronic plc
|
Tel.
01740 618 800 or investor.relations@filtronic.com
|
|
Nat Edington (Chief Executive
Officer)
|
|
|
Michael Tyerman (Chief Financial
Officer)
|
|
|
|
|
|
Cavendish Capital Markets Limited
|
Tel.
020 7220 0500
|
|
Jonny Franklin-Adams/Trisyia
Jamaludin (Corporate Finance)
|
|
Sunila de Silva (ECM)
|
|
|
|
|
|
Walbrook PR Limited
|
Tel.
020 7933 8780 or filtronic@walbrookpr.com
|
|
Nick Rome/Joseph Walker
|
|
Further details of the PDMR dealing
are included below. This information has been provided in
accordance with Article 5(1)(b) of the Market Abuse Regulation (EU)
No 596/2014 which is part of UK law by virtue of the European Union
(Withdrawal) Act 2018.
|
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
|
|
Identification code
|
GB0003362992
|
|
b)
|
Nature of the transaction
|
Option exercise and sell to
cover
|
|
c)
|
Price(s) and volume(s)
|
Options exercised: 110,397 Ordinary
Shares at an exercise price of 11.125 pence each
Ordinary Shares sold: 15,625
Ordinary Shares at 79 pence each
|
|
d)
|
Aggregated information:
· Aggregated
volume
· Price
|
n/a
|
|
e)
|
Date of the transaction
|
2 September 2024
|
|
f)
|
Place of the transaction
|
Exercise: Off Market
Sale: London Stock
Exchange
|
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END
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