12 December 2024
Tracsis plc
("Tracsis" or the
"Company")
Notification of Transactions
by Persons Discharging Managerial
Responsibilities
This notification relates to
transactions notified in accordance with Article 19 of the UK
Market Abuse Regulation.
On 11 December 2024, the Company was
notified of the following transactions, arising from the vesting of
the 2021 Long Term Incentive Plan (the "Award"):
1. Chris Barnes,
Chief Executive Officer of the Company, who on 29 November 2024 had
8,006 options over ordinary shares of 0.4 pence each in
Tracsis ("Ordinary Shares") vest, subsequently exercised on 11
December 2024, and sold 3,806 shares at a price of 533 pence per
share to cover the immediate tax liability arising from the vesting
and exercise. He retained a further 4,200 Ordinary Shares from the
vesting. The balance of the Award, being 19,647 options over
Ordinary Shares, have lapsed in accordance with the Award's
performance conditions.
As a result of this transaction,
Chris Barnes has increased his shareholding to 44,305 shares,
representing 0.15% of the issued capital in the Company.
2. Andy Kelly,
Chief Financial Officer of the Company, who on 29 November 2024 had
5,094 options over Ordinary Shares vest, subsequently exercised on
11 December 2024, and sold 2,422 shares at a price of 533 pence per
share to cover the immediate tax liability arising from the vesting
and exercise. He retained a further 2,672 Ordinary Shares from the
vesting. The balance of the Award, being 12,503 options over
Ordinary Shares, lapsed in accordance with the Award's performance
conditions.
As a result of this transaction,
Andy Kelly has increased his shareholding to 12,996 Ordinary
Shares, representing 0.04% of the issued capital in the
Company.
|
Tracsis plc
Jan Mitson
Group Company Secretary
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+44 (0)845 125 9162
|
|
Berenberg (Nominated Adviser, Corporate Broker & Financial
Adviser)
Mark Whitmore / Richard Andrews /
Mollie D'Arcy Rice
James Thompson (QE)
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+44 (0)20 3207 7800
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Notification and public disclosure
of transactions by persons discharging managerial responsibilities
and persons closely associated with them.
Transaction Details - Chris
Barnes
1.
|
Details of the person discharging
managerial responsibilities/person closely associated
|
|
a)
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Name:
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Chris Barnes
|
1.
|
Reason for the
notification
|
|
a)
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Position/status:
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Chief Executive Officer
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
2.
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Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
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Name:
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Tracsis plc
|
|
b)
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LEI:
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2138005I15G3HBN2WD92
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3.
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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:
Identification code:
|
Ordinary Shares of 0.4 pence
each
GB00B28HSF71
|
|
b)
|
Nature of the
transaction:
|
Exercise of vested options and sale
of shares to cover tax
|
|
c)
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Price(s) and volume(s):
|
|
Price(s)
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Volume(s)
|
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0.4 pence
533 pence
|
8,006 (exercise of vested
options)
3,806 (sale)
|
|
|
d)
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Aggregated information:
· Aggregated volume:
· Price:
|
As above
|
|
e)
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Date of the transaction:
|
11 December 2024
|
|
f)
|
Place of the transaction:
|
AIM, London Stock Exchange
(XLON)
|
Transaction Details - Andy Kelly
1.
|
Details of the person discharging
managerial responsibilities/person closely associated
|
|
a)
|
Name:
|
Andy Kelly
|
1.
|
Reason for the
notification
|
|
a)
|
Position/status:
|
Chief Financial Officer
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
2.
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name:
|
Tracsis plc
|
|
b)
|
LEI:
|
2138005I15G3HBN2WD92
|
3.
|
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:
Identification code:
|
Ordinary Shares of 0.4 pence
each
GB00B28HSF71
|
|
b)
|
Nature of the
transaction:
|
Exercise of vested options and sale
of shares to cover tax
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
0.4 pence
533 pence
|
5,094 (exercise of
vested options)
2,422 (sale)
|
|
|
d)
|
Aggregated information:
· Aggregated volume:
· Price:
|
As above
|
|
e)
|
Date of the transaction:
|
11 December
2024
|
|
f)
|
Place of the transaction:
|
AIM, London Stock Exchange
(XLON)
|