TT ELECTRONICS PLC — Director's Dealing 2018

Nov 12, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 1026H

TT Electronics PLC

12 November 2018

12 November 2018

TT Electronics plc

Notification of Transaction of Persons Discharging Managerial Responsibility (PDMRS)

Exercise of options under the Company's 2015 Sharesave Scheme

TT Electronics plc (the "Company") announces that, on 12 November 2018, options were exercised by Richard Tyson, a PDMR of the Company, as set out in the table below pursuant to the maturity of the Company's 2015 Sharesave Scheme.  The options were originally granted on 22 September 2015 at a price of 131p and all shares allotted were retained by the individual. 

PDMR	Number of options exercised and shares retained	Option price (per share)	Resultant beneficial interest in the Company's shares following exercise of Sharesave options
Richard Tyson	13,740	131p	560,896*

*R Tyson's beneficial interest includes shares held by a PCA, Louise Tyson.

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

Exercise of options under the TT Electronics plc 2015 Sharesave Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.31	13,740

d)

Aggregated information

Aggregated volume

Price

See 4c above

See 4c above

e)

Date of the transaction

2018-11-12

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

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 rns@lseg.com or visit www.rns.com.

END

DSHLLFIRLILFLIT