Director's Dealing • Apr 27, 2022
Director's Dealing
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RNS Number : 5970J
TT Electronics PLC
27 April 2022
27 April 2022
TT Electronics plc
Purchase and disposal of shares and PDMR notification
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") OR CONNECTED PERSONS
The Company has been notified of the following dealings of ordinary shares in the Company ("Shares") by Warren Tucker (Chairman, Non-executive director and PDMR of the Company) and Kate Tucker (PCA of Warren Tucker), on 26 April 2022.
The transactions have been undertaken to move the shareholdings to a different investment vehicle. Prior to these transactions Warren Tucker's shareholding (including shares held by Kate Tucker) was 60,075 Shares. The net effect of these transactions is, therefore, zero.
| Director | Number of Shares sold | Number of Shares purchased | Price paid per Share | Total resultant interest in Shares |
| Warren Tucker (own name) | 37,500 | £2.03 | ||
| Kate Tucker (own name) | 10,945 | £2.02 | ||
| Warren Tucker (SIPP) | 48,445 | £2.03 | 60,075 |
The full details of the purchases are given in notifications below, made in accordance with the requirements of the EU Market Abuse Regulation.
1.
Details of PDMR / person closely associated with them ('PCA')
a)
Name
Warren Tucker
2.
Reason for the notification
a)
Position / status
Chairman and 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
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
a) Disposal of shares
b) Acquisition of shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| a) £2.03 | a) 37,500 |
| b) £2.03 | b) 48,445 |
d)
Aggregated information
Aggregated volume
Price
See 4c above
See 4c above
e)
Date of the transaction
2022-04-26
f)
Place of the transaction
XLON
1.
Details of PDMR / person closely associated with them ('PCA')
a)
Name
Kate Tucker
2.
Reason for the notification
a)
Position / status
PCA of Chairman
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
Disposal of shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £2.02 | 10,945 |
d)
Aggregated information
Aggregated volume
Price
See 4c above
See 4c above
e)
Date of the transaction
2022-04-26
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:
Kate Moy, Head of Investor Relations
MHP Communications
Tim Rowntree / Pete Lambie: Tel: +44 (0)20 3128 8100
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