TT ELECTRONICS PLC — Remuneration Information 2018

Mar 21, 2018

National Storage Mechanism | Additional information

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RNS Number : 4936I

TT Electronics PLC

21 March 2018

21 March 2018

TT Electronics plc

Long Term Incentive Plan 2014 ("LTIP")

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

On 19 March 2018, 100% of the LTIP share awards granted on 18 March 2015 (the "2015 Awards") to Richard Tyson, Chief Executive Officer and Mark Hoad, Chief Financial Officer, both being Persons Discharging Managerial Responsibility, vested.

The following table sets out the transactions relating to the vesting of the 2015 Awards which were notified to the Company on 20 March 2018:

Executive Director	Shares Vested	Shares retained (post tax / NI)	Total shares held
Richard Tyson	680,000	360,400	547,156
Mark Hoad	390,000	206,700	440,698

The vesting of the 2015 Awards to the Executive Directors was satisfied by the transfer of ordinary shares for no consideration to the relevant individual by the trustee of the Company's Employee Benefit Trust.

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

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

Transfer of Ordinary Shares arising from vesting of Long Term Incentive Plan award granted on 18 March 2015

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.00	360,400

d)

Aggregated information

Aggregated volume

Price

See 4c above

See 4c above

e)

Date of the transaction

2018-03-19

f)

Place of the transaction

XLON

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 award granted on 18 March 2015

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.00	206,700

d)

Aggregated information

Aggregated volume

Price

See 4c above

See 4c above

e)

Date of the transaction

2018-03-19

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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