TT ELECTRONICS PLC — Director's Dealing 2018

Jan 4, 2018

National Storage Mechanism | Additional information

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RNS Number : 9669A

TT Electronics PLC

04 January 2018

4 January 2018

TT Electronics plc (the "Company")

Long Term Incentive Plan 2014 ("LTIP")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

On 3 January 2018, 100 per cent of the LTIP award relating to shares in TT Electronics plc ("Shares") granted on 29 December 2014 to Mark Hoad, the Company's Chief Financial Officer and a Person Discharging Managerial Responsibility, vested.

The following table sets out the details of the transaction relating to the vesting of the LTIP award, which was notified to the Company on 4 January:

Executive Director	Shares Vested*	Shares retained (post tax / NI)	Total number of shares held following transaction
Mark Hoad	366,034	193,998	233,998

*Including dividend equivalents

The vesting of the LTIP Award was satisfied by the transfer of Shares for no consideration to the relevant individual by the trustee of the Company's Employee Benefit Trust.

The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details.

1.

Details of PDMR / person closely associated with them  ('PCA')

a)

Name

Mark Hoad

2.

Reason for the notification

a)

Position / status

CFO

b)

Initial notification /

amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

TT Electronics plc

b)

LEI

213800TJGBW5VFHQEV54

4.

Details of the transaction(s)

a)

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 25p each

GB0008711763

b)

Nature of the transaction

Transfer of Ordinary Shares arising from vesting of Long Term Incentive Plan 2014 award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.00	193,998

d)

Aggregated information

Aggregated volume

Price

See 4c above

See 4c above

e)

Date of the transaction

2018-01-03

f)

Place of the transaction

XLON

For further information please contact:

TT Electronics plc

Richard Tyson, Chief Executive Officer:                                   Tel:  + 44 (0)1932 825300

Mark Hoad, Chief Financial Officer:

Emma Darke, Head of Investor Relations and Communications           

MHP Communications

Tim Rowntree / Katie Hunt / Ivana Petkova                              Tel:  +44 (0)20 3128 8100

This information is provided by RNS

The company news service from the London Stock Exchange

END

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