RNS Number : 3754U
Elektron Technology PLC
23 October 2017
 

Elektron Technology plc

("Elektron" or the "Company") 

 

Director / PDMR Shareholding

 

Elektron Technology plc announces that on 23 October 2017 John Wilson exercised his Market Value Option to acquire shares in the Company granted by the Trustee on 28 July 2016, in part, at an exercise price equal to the mid-market price of the Company's shares at close of business on 20 October 2017 being 16.875p.

 

The resulting shares and options held by John Wilson following the above transaction are as follows: 

 

 

Shares

2,600,000 (1.4%)

Market Value Options

1,357,661

Options awarded under LTIP

5,000,000

  

Following the above transaction the Elektron Technology plc 2012 Employee Benefit Trust is interested in 8,099,811 ordinary shares in the capital of the Company, representing 4.35% of the Company's issued share capital.

 

  

For further information: 

 

Elektron Technology  www.elektron-technology.com

+44 (0) 1223 371 000

Andy Weatherstone - Chief Financial Officer

 

 

 

finnCap (Nominated Adviser and Broker)

+44 (0)20 7220 0500

Ed Frisby/Scott Mathieson (Corporate Finance)

 

Abigail Wayne (Corporate Broking)


 

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulations and sets out more details of the transaction.

  

 

1.

Details of PDMR

(a)

Name

John Wilson

2.

Reason for notification

(b)

Position / status

CEO

(c)

Initial notification / amendment

Initial notification

3.

Details of the Issuer

(a)

Name

Elektron Technology plc

(b)

LEI

n/a

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) have been conducted

(a)

Description of the financial instrument

Ordinary shares of 5p each

(b)

Nature of the transaction

Exercise of an option to acquire shares

(c)

Price(s) and volume

183,839 ordinary shares @ 16.875p each

(d)

Aggregated information

N/A

(e)

Date of the transaction

23 October 2017

(f)

Place of the transaction

Outside a trading venue

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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