AI Terminal
TT ELECTRONICS PLC
Remuneration Information • Mar 12, 2024
4609_dirs_2024-03-12_9dd89c24-ce1d-4b71-8aec-84ca27a2e787.html
Remuneration Information
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 5013G
TT Electronics PLC
12 March 2024
12 March 2024
TT Electronics plc
Deferred Share Bonus Plan
TT Electronics plc (the "Company") announces that conditional awards of ordinary shares of 25p each in the Company ("Shares") were granted on 11 March 2024 under the Company's Deferred Share Bonus Plan to the Executive Directors of the Company.
In accordance with the Remuneration Policy, 30 per cent of the 2023 short-term incentive award to the Executive Directors is deferred into Shares. The award will vest on the second anniversary.
Executive Director Number of Shares
Peter France 37,264
Mark Hoad 108,817
No consideration was payable for the grant of awards.
Awards are subject to malus and clawback provisions.
The Company was informed of the above transactions on 11 March 2024. 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
Peter France
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 conditional award of ordinary shares under the terms of the Deferred Share Bonus Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 37,264 |
d)
Aggregated information
Aggregated volume
Price
See 4c above
See 4c above
e)
Date of the transaction
2024-03-11
f)
Place of the transaction
Outside a trading venue
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 conditional award of ordinary shares under the terms of the Deferred Share Bonus Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 108,817 |
d)
Aggregated information
Aggregated volume
Price
See 4c above
See 4c above
e)
Date of the transaction
2024-03-11
f)
Place of the transaction
Outside a trading venue
For further information please contact:
TT Electronics plc
Peter France, Chief Executive Officer: Tel: + 44 (0)1932 825300
Mark Hoad, Chief Financial Officer:
Kate Moy, Head of Investor Relations
MHP Communications
Tim Rowntree / Ollie Hoare: 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 [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHFIFETVLIFLIS