TT ELECTRONICS PLC

Remuneration Information • Mar 19, 2021

National Storage Mechanism | Additional information

RNS Number : 8990S

TT Electronics PLC

19 March 2021

19 March 2021

TT Electronics plc

Long Term Incentive Plan

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

TT Electronics Long Term Incentive Plan ("LTIP"): vesting of 2018 Awards and related sales.

On 18 March 2021, certain conditional share awards granted over the ordinary shares of 25 pence each ("Shares") in the capital of the Company in March 2018 were settled; to the extent they vested on the same date.

The table below shows the number of related Shares acquired by the Executive Directors, the number of Shares sold to satisfy the tax and national insurance liabilities, and the number of Shares retained following the sales.

Executive Director	Shares Vested	Shares sold to satisfy tax and NI liabilities	Shares retained	Resultant beneficial interest in the Company's shares
Richard Tyson	53,873	25,321	28,552	902,0821
Mark Hoad	37,077	17,427	19,650	702,7772

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

2 M Hoad's beneficial interest includes shares held by a PCA, Tracy Hoad.

The Company makes this announcement, including the notifications below, in accordance with the requirements of the EU Market Abuse Regulation.

1.

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

a)

Name

1)   Richard Tyson

2)   Mark Hoad

2.

Reason for the notification

a)

Position / status

1)   CEO

2)   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

Acquisition of ordinary shares arising in connection with the settlement of Long Term Incentive Plan award granted on 14 March 2018

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1)   £0.00 2)   £0.00	1)   53,873 2)   37,077

d)

Aggregated information

Aggregated volume

Price

90,950

£0.00

e)

Date of the transaction

2021-03-18

f)

Place of the transaction

Outside a trading venue

1.

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

a)

Name

1)   Richard Tyson

2)   Mark Hoad

2.

Reason for the notification

a)

Position / status

1)   CEO

2)   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

Disposal of shares to satisfy tax and NI liabilities in respect of the settlement of Long Term Incentive Plan award granted on 14 March 2018

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1)   £2.10 2)   £2.10	1)   25,321 2)   17,427

d)

Aggregated information

Aggregated volume

Price

42,748

£2.10

e)

Date of the transaction

2021-03-18

f)

Place of the transaction

London Stock Exchange

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                            

MHP Communications

Tim Rowntree / Rachel Mann:                                                 Tel:  +44 (0)20 3128 8100

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