TIDMTRI

RNS Number : 3307X

Trifast PLC

20 February 2017

Issued by Trifast plc

Monday, 20 February 2017

 
                     Trifast plc 
             ("Trifast" or the "Company") 
 
  Notification and public disclosure of transactions 
                by persons discharging 
  managerial responsibilities and Total Voting Rights 
 

The Company announces that Mr Malcolm Diamond, a Person Discharging Managerial Responsibilities (PDMR), was issued and allotted 1,000,000 ordinary shares of 5 pence each in the Company ("ordinary shares") on 17 February 2017, pursuant to the exercise of options under the Company's Unapproved 2009 Share Option Plan. Subsequently, 500,000 of these shares have been sold, largely to satisfy Mr Diamond's tax liability on the exercised options. Following this transaction, 1,053,800 Ordinary Shares are held by Mr Diamond (1,051,800) and persons closely associated with him (2,000), a total beneficial interest shareholding representing 0.88% of the Company's issued share capital.

Total Voting Rights (TVR)

Following the issue and allotment of shares, the Company's total issued share capital is 120,276,486 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore, the total number of voting rights in the Company is 120,276,486. This figure 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 Financial Conduct Authority's Disclosure and Transparency Rules

 
 Enquiries: 
  Trifast plc 
 Lyndsey Case 
  Company Secretary 
  Tel: +44 (0) 1825 769696 
  www.trifast.com 
 

The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
----  ------------------------------------------------------------------- 
 a.    Name                              Malcolm Diamond 
----  --------------------------------  --------------------------------- 
 2.    Reason for the notification 
----  ------------------------------------------------------------------- 
 a.    Position/status                   Executive Chairman 
----  --------------------------------  --------------------------------- 
 b.    Initial notification/Amendment    Initial notification 
----  --------------------------------  --------------------------------- 
 3.    Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or auction 
        monitor 
----  ------------------------------------------------------------------- 
 a.    Name                              Trifast plc 
----  --------------------------------  --------------------------------- 
 b.    LEI                               213800WFIVE6RWK3CR22 
----  --------------------------------  --------------------------------- 
 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                Ordinary Shares of 5 pence each 
        Financial instrument, 
        type                              GB0008883927 
        of instrument Identification 
        code 
----  --------------------------------  --------------------------------- 
 b.    Nature of the transaction         Allotment of shares pursuant 
                                          to exercise of options under 
                                          the Trifast plc Unapproved 2009 
                                          Share Option Plan 
----  --------------------------------  --------------------------------- 
 c.    Price(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           8.5p       1,000,000 
                                          ---------  ---------- 
----  --------------------------------  --------------------------------- 
 d.         Aggregated information 
         *    Aggregated volume           1,000,000 
                                           8.5p 
 
         *    Price 
 -------------------------------------  --------------------------------- 
 e.    Date of the transaction           17-02-2017 
----  --------------------------------  --------------------------------- 
 f.    Place of the transaction          London Stock Exchange, Main 
                                          Market (XLON) 
----  --------------------------------  --------------------------------- 
 5.    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                Ordinary Shares of 5 pence each 
        Financial instrument, 
        type                              GB0008883927 
        of instrument Identification 
        code 
----  --------------------------------  --------------------------------- 
 b.    Nature of the transaction         Disposal of shares 
----  --------------------------------  --------------------------------- 
 c.    Price(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           210.5p     500,000 
                                          ---------  ---------- 
----  --------------------------------  --------------------------------- 
 d.         Aggregated information 
         *    Aggregated volume           500,000 
                                           210.5p 
 
         *    Price 
 -------------------------------------  --------------------------------- 
 e.    Date of the transaction           17-02-2017 
----  --------------------------------  --------------------------------- 
 f.    Place of the transaction          London Stock Exchange, Main 
                                          Market (XLON) 
----  --------------------------------  --------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHEADAEALEXEFF

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February 20, 2017 08:42 ET (13:42 GMT)

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