Elektron Technology PLC Director/PDMR Shareholding (5466U)
January 19 2017 - 2:00AM
UK Regulatory
TIDMEKT
RNS Number : 5466U
Elektron Technology PLC
19 January 2017
Elektron Technology plc
("Elektron" or the "Company")
Director / PDMR Shareholding
Elektron Technology plc announces that on 18 January 2017 Keith
Daley 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 17 December 2017 being 7.625p.
The resulting shares and options held by Keith Daley following
the above transaction are as follows:
Keith Daley
Shares 21,710,516 (11.67%)
Market Value Options 541,500
Options awarded Nil
under LTIP
Following the above transactions the Elektron Technology plc
2012 Employee Benefit Trust is interested in 8,283,650 ordinary
shares in the capital of the Company, representing 4.45% 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)
Malar Velaigam (Corporate Broking)
The notifications set out below are provided in accordance with
the requirements of the EU Market Abuse Regulations and set out
more details of the transactions.
1. Details of PDMR
---- --------------------------------------------------------
(a) Name Keith Daley
---- --------------------- ---------------------------------
2. Reason for notification
---- --------------------------------------------------------
(b) Position / Chairman
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 1,000,000 ordinary shares @
volume 7.625p each
---- --------------------- ---------------------------------
(d) Aggregated N/A
information
---- --------------------- ---------------------------------
(e) Date of the 18 January 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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