Elektron Technology plc
("Elektron" or the "Company")
Exercise of options, PDMR dealing
and Total Voting Rights
Elektron, the global technology group, announces the exercise of options by Andy Weatherstone, Chief Financial Officer, over 571,425 ordinary shares of 5 pence each ("Ordinary Shares") at an exercise price of 5.25 pence per Ordinary Share (the "Options"). No new Ordinary Shares have been issued as these shares were held and have been transferred by the Elektron Technology 2012 Employee Benefit Trust ("EBT") to satisfy the exercise of the Options.
Following this transaction Andy Weatherstone's total beneficial interest including those shares held in his spouse's name in the Company is 621,425 Ordinary Shares representing 0.33% of the Company's total issued share capital as at today's date.
Following this exercise of option, the Company's total issued share capital will consist of 186,100,851 Ordinary Shares with one voting right per share. In aggregate 6,801,386 Ordinary Shares held by the EBT are treated as treasury shares in the Company's consolidated balance. Therefore, the total number of voting rights in the Company will be 179,299,465.
The above figure of 179,299,465 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
For further information:
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Elektron Technology plc |
+44 (0) 1223 371 000 |
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Keith Daley (Chairman) Andy Weatherstone (CFO & Company Secretary) |
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N+1 Singer (Nominated Adviser and Broker) |
+44 (0)20 7496 3000 |
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Shaun Dobson / Jen Boorer (Corporate Finance) |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Andy Weatherstone |
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2
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Reason for the notification
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a)
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Position/status
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CFO |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Elektron Technology plc |
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b)
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LEI
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213800556WJOWQNT2R68 |
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4
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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 transactions have been conducted
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary Shares of 5 pence each
GB00B0C5RG72 |
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b)
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Nature of the transaction
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Exercise of options |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A |
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e)
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Date of the transaction
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13 August 2019 |
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f)
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Place of the transaction
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London Stock Exchange |
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