Director's Dealing • Jul 22, 2020
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 8056T
Tristel PLC
22 July 2020
Tristel plc
("Tristel" or the "Company")
Director/PDMR Shareholding and Issue of Equity
Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces that, following the exercise of share options by certain directors it has issued and allotted 878,629 new ordinary shares of 1 penny each in the Company ("Ordinary Shares"). To meet the exercise cost and associated tax liabilities, the directors have subsequently sold 548,629 Ordinary Shares at a price of 404.2 pence per share. In addition, Paul Barnes, Non-Executive Director, has sold 336,095 Ordinary Shares at a price of 404.2 pence per share.
In summary:
| Director | Total number of share options exercised | Number of Ordinary Shares sold | Resultant Shareholding | Percentage of the Company's issued share capital held | Remaining number of options held |
| Paul Swinney | 487,097 | 320,431 | 643,095 | 1.4% | 166,666 |
| Liz Dixon | 331,532 | 198,198 | 178,334 | 0.4% | 133,334 |
| Paul Barnes | 30,000 | 351,095 | 30,000 | 0.1% | 15,000 |
| David Orr | 30,000 | 15,000 | 43,191 | 0.1% | 15,000 |
Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 29 July 2020.
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company. Following the above exercise of options, the Company's issued share capital consists of 46,175,162 Ordinary Shares. Accordingly, the figure of 46,175,162 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information please contact:
| Tristel plc | Tel: 01638 721 500 |
| Paul Swinney, Chief Executive Officer | |
| Liz Dixon, Finance Director | |
| Walbrook PR Ltd | Tel: 020 7933 8780 or [email protected] |
| Paul McManus | Mob: 07980 541 893 |
| Lianne Cawthorne | Mob: 07854 391 303 |
| finnCap | Tel: 020 7220 0500 |
| Geoff Nash (Corporate Finance) | |
| Giles Rolls (Corporate Finance) | |
| Alice Lane (ECM) |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paul Swinney
2.
Reason for the Notification.
a)
Position/status
CEO
b)
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Tristel plc
b)
LEI
2138009DZ4LH9CZGF662
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
Options over Ordinary Shares
Ordinary Shares
Identification code
GB00B07RVT99
b)
Nature of the transaction
Exercise of Options
Sale of Ordinary shares
c)
Price(s) and volume(s)
| Exercise Price | Volume(s) |
| 1p | 487,097 |
| Sale Price(s) | Volume(s) |
| 404.2p | 320,431 |
d)
Aggregated information:
· Aggregated volume
· Price
As above
e)
Date of the transaction
22 July 2020
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Liz Dixon
2.
Reason for the Notification.
a)
Position/status
Finance Director
b)
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Tristel plc
b)
LEI
2138009DZ4LH9CZGF662
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
Options over Ordinary Shares
Ordinary Shares
Identification code
GB00B07RVT99
b)
Nature of the transaction
Exercise of Options
Sale of Ordinary shares
c)
Price(s) and volume(s)
| Exercise Price | Volume(s) |
| 1p | 331,532 |
| Sale Price(s) | Volume(s) |
| 404.2p | 198,198 |
d)
Aggregated information:
· Aggregated volume
· Price
As above
e)
Date of the transaction
22 July 2020
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paul Barnes
2.
Reason for the Notification.
a)
Position/status
Non-executive Director
b)
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Tristel plc
b)
LEI
2138009DZ4LH9CZGF662
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
Options over Ordinary Shares
Ordinary Shares
Identification code
GB00B07RVT99
b)
Nature of the transaction
Exercise of Options
Sale of Ordinary shares
c)
Price(s) and volume(s)
| Exercise Price | Volume(s) |
| 1p | 30,000 |
| Sale Price(s) | Volume(s) |
| 404.2p | 351,095 |
d)
Aggregated information:
· Aggregated volume
· Price
As above
e)
Date of the transaction
22 July 2020
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
David Orr
2.
Reason for the Notification.
a)
Position/status
Non-executive Director
b)
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Tristel plc
b)
LEI
2138009DZ4LH9CZGF662
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
Options over Ordinary Shares
Ordinary Shares
Identification code
GB00B07RVT99
b)
Nature of the transaction
Exercise of Options
Sale of Ordinary shares
c)
Price(s) and volume(s)
| Exercise Price | Volume(s) |
| 1p | 30,000 |
| Sale Price(s) | Volume(s) |
| 404.2p | 15,000 |
d)
Aggregated information:
· Aggregated volume
· Price
As above
e)
Date of the transaction
22 July 2020
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
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 [email protected] or visit www.rns.com.
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