CHECKIT PLC — Director's Dealing 2016

Dec 13, 2016

National Storage Mechanism | Additional information

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RNS Number : 6282R

Elektron Technology PLC

13 December 2016

Elektron Technology plc

("Elektron" or the "Company") 

Director / PDMR Shareholding

Elektron Technology plc announces that on 12 December 2016 each of John Wilson and Keith Daley exercised their Market Value Option to acquire shares in the Company granted by the Trustee on 28 July 2016, in part, at an exercise price equal to the mid-market price of the Company's shares at close of business on 09 December.

The resulting shares and options held by Keith Daley and John Wilson following the above transactions are as follows: 

	Keith Daley	John Wilson
Shares	20,710,516 (11.13%)	2,416,161 (1.30%)
Market Value Options	1,541,500	1,541,500
Options awarded under LTIP	Nil	5,000,000

Following the above transactions the Elektron Technology plc 2012 Employee Benefit Trust is interested in 9,283,650 ordinary shares in the capital of the Company, representing 4.99% of the Company's issued share capital.

The Company has also been informed that Peter Welch purchased 100,000 ordinary shares in Elektron earlier today at a price of 8p per share.

For further information: 

Elektron Technology  www.elektron-technology.com	+44 (0) 1223 371 000
Andy Weatherstone - Chief Financial Officer
finnCap (Nominated Adviser and Broker)	+44 (0)20 7220 0500
Ed Frisby/Scott Mathieson (Corporate Finance)
Malar Velaigam (Corporate Broking)

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulations and set out more details of the transactions.

1.	Details of PDMR
(a)	Name		John Wilson
2.	Reason for notification
(b)	Position / status		Chief Executive Officer
(c)	Initial notification / amendment		Initial notification
3.	Details of the Issuer
(a)	Name		Elektron Technology plc
(b)	LEI		n/a
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 transaction(s) have been conducted
(a)	Description of the financial instrument	Ordinary shares of 5p each
(b)	Nature of the transaction	Exercise of an option to acquire Shares
(c)	Price(s) and volume	400,000 ordinary shares @ 7.5p each
(d)	Aggregated information	N/A
(e)	Date of the transaction	12 December 2016
(f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR
(a)	Name	Keith Daley
2.	Reason for notification
(b)	Position / status	Chairman
(c)	Initial notification / amendment	Initial notification
3.	Details of the Issuer
(a)	Name	Elektron Technology plc
(b)	LEI	n/a
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 transaction(s) have been conducted
(a)	Description of the financial instrument	Ordinary shares of 5p each
(b)	Nature of the transaction	Exercise of an option to acquire shares
(c)	Price(s) and volume	1,000,000 ordinary shares @ 7.5p each
(d)	Aggregated information	N/A
(e)	Date of the transaction	12 December 2016
(f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR
(a)	Name		Charles Peter Welch
2.	Reason for notification
(b)	Position / status		Non-Executive Director
(c)	Initial notification / amendment		Initial notification
3.	Details of the Issuer
(a)	Name		Elektron Technology plc
(b)	LEI		n/a
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 transaction(s) have been conducted
(a)	Description of the financial instrument	Ordinary shares of 5p each
(b)	Nature of the transaction	Market purchase
(c)	Price(s) and volume	100,000 ordinary shares @ 8p each
(d)	Aggregated information	N/A
(e)	Date of the transaction	12 December 2016
(f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

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