TT ELECTRONICS PLC — Director's Dealing 2018

Oct 1, 2018

National Storage Mechanism | Additional information

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RNS Number : 5916C

TT Electronics PLC

01 October 2018

01 October 2018

TT Electronics plc

Notification of Transaction of Persons Discharging Managerial Responsibility (PDMRS)

Grant of options to PDMRs under the Company's 2018 Sharesave Scheme

TT Electronics plc (the "Company") announces that the following PDMRs have, on 28 September 2018, been granted options ("Options") to purchase ordinary shares of 25p each in the Company (the "Shares") pursuant to the Company's 2018 Sharesave Scheme at an exercise price of £2.15.  The awards in favour of each of the PDMRs set out below are made under the 2018 Sharesave Scheme which is available to all of the Company's UK employees, subject to qualifying conditions.

PDMR	Number of Shares over which Options granted
Richard Tyson	8372
Mark Hoad	8372

The Options issued under the Sharesave Scheme are, in normal circumstances, not exercisable until the completion of a three-year savings period, which will end on 30 September 2021 and will then be exercisable for a period of six months from the maturity date of 1 November 2021.

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

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1.

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

a)

Name

Richard Tyson

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

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

Grant of options under the TT Electronics plc 2018 Sharesave Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£2.15	8372

d)

Aggregated information

Aggregated volume

Price

See 4c above

See 4c above

e)

Date of the transaction

2018-09-28

f)

Place of the transaction

XLON

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

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

Grant of options under the TT Electronics plc 2018 Sharesave Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£2.15	8372

d)

Aggregated information

Aggregated volume

Price

See 4c above

See 4c above

e)

Date of the transaction

2018-09-28

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 / Nessyah Hart:                              Tel:  +44 (0)20 3128 8100

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