Tracsis PLC Director/PDMR Shareholding (0282D)
21 April 2017 - 11:41PM
UK Regulatory
TIDMTRCS
RNS Number : 0282D
Tracsis PLC
21 April 2017
21 April 2017
Tracsis plc
("Tracsis" or the "Group")
Director/PDMR Shareholding and Issue of Equity
Tracsis confirms that it has received notification that Max
Cawthra, Chief Financial Officer has today exercised 10,162 share
options and it has today issued 10,162 ordinary shares of 0.4p each
("Ordinary Shares") (the "New Ordinary Shares").
The options that were exercised were granted in 2012 under an
incentive scheme where an annual bonus was exchanged for share
options. The options were fully vested and have an exercise price
of 0.4p.
No shares were disposed of, and following this exercise, Max
Cawthra increased his interests in Tracsis to 188,022 ordinary
shares representing 0.67% of the issued share capital.
In addition, the Company also confirms that following the
receipt of a notice of exercise of employee options, it has today
issued a further 11,000 ordinary shares of 0.4p each, making a
total of 21,162 ordinary shares of 0.4 each.
Application has been made for the New Ordinary Shares to be
admitted to trading on AIM and dealings are expected to commence on
27 April 2017.
Following the issue of the New Ordinary Shares, the number of
Ordinary Shares in issue will increase to 27,905,173. For the
purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules ("DTRs"), the issued ordinary share capital of
the Company following this allotment consists of 27,905,173
Ordinary Shares with voting rights attached (one vote per Ordinary
Share). There are no shares held in treasury. This total voting
rights figure may be used by shareholders as the denominator for
the calculations by which they will determine whether they are
required to notify their interests in, or a change to their
interest in, Tracsis under the DTRs.
For more information please contact:
John McArthur/Max Cawthra, Tel: 0845 125
Tracsis plc 9162
Dominic Emery/Matt Lewis, Tel: 020 7597
Investec Bank plc 4000
Rebecca Sanders-Hewett / Sam Tel: 0207 382
Modlin, Redleaf Communications 4730
Tracsis@redleafpr.com
Notes to editors:
-- The Group specialises in solving a variety of data capture,
reporting and resource optimisation problems along with the
provision of a range of associated professional services.
-- Tracsis' products and services are used to increase
efficiency, reduce cost and improve the operational performance and
decision making capabilities for clients and customers.
-- The Company offers the following services:
- Rail Technology & Services: Software and technology led
consulting, and Remote Condition Monitoring: Industry strength
software that covers a variety of asset classes working alongside
consulting and related professional services across the operational
and strategic planning horizon, plus Technology and reporting for
critical infrastructure assets in real time, to identify problems
and aid with preventative maintenance.
- Traffic & Data Services: Collation, analytical services,
and event management within traffic and pedestrian rich
environments.
-- Tracsis has a blue chip client base which includes the
majority of UK transport operators. The business also works
extensively with Network Rail, the Department of Transport,
multiple local authorities, Silverstone, Goodwood, and a variety of
large engineering/infrastructure companies.
-- The business drives growth both organically and through
acquisition and has made eight acquisitions since 2008.
-- Tracsis listed on AIM in 2007 under ticker TRCS.
-- For more information visit http://www.tracsis.com
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------
a) Name Mr Max Cawthra
--- ------------------------------------------------------------ ---------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
--- ------------------------------------------------------------ ---------------------------------------------
b) Initial notification/Amendment Initial Notification
--- ------------------------------------------------------------ ---------------------------------------------
3 Details of the issuer
--- -----------------------------------------------------------------------------------------------------------
Tracsis plc
--- ------------------------------------------------------------ ---------------------------------------------
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 transactions have been
conducted
--- -----------------------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of instrument Tracsis plc Ordinary Shares of 0.4p each
-----------------------------------------
Identification code ISIN: GB00B28HSF71
-------------------
--- ------------------------------------------------------------ ---------------------------------------------
b) Nature of the transaction Exercise of options
--- ------------------------------------------------------------ ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
0.4p 10,162
--------- ----------
--- ------------------------------------------------------------ ---------------------------------------------
d) Aggregated information - Aggregated volume N/A
------------------
- Price
------
--- ------------------------------------------------------------ ---------------------------------------------
e) Date of the transaction 21-04-2017
--- ------------------------------------------------------------ ---------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------------------------------------------ ---------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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