Elektron Technology PLC Director/PDMR Shareholding (3754U)
24 October 2017 - 2:16AM
UK Regulatory
TIDMEKT
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:
+44 (0) 1223 371
Elektron Technology www.elektron-technology.com 000
Andy Weatherstone - Chief Financial
Officer
finnCap (Nominated Adviser and +44 (0)20 7220
Broker) 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 / CEO
status
---- --------------------- ----------------------------------
(c) Initial notification Initial notification
/ amendment
---- --------------------- ----------------------------------
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 Ordinary shares of 5p each
of the financial
instrument
---- --------------------- ----------------------------------
(b) Nature of the Exercise of an option to acquire
transaction shares
---- --------------------- ----------------------------------
(c) Price(s) and 183,839 ordinary shares @ 16.875p
volume each
---- --------------------- ----------------------------------
(d) Aggregated N/A
information
---- --------------------- ----------------------------------
(e) Date of the 23 October 2017
transaction
---- --------------------- ----------------------------------
(f) Place of the Outside a trading venue
transaction
---- --------------------- ----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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