ProPhotonix Limited ProPhotonix Announces PDMR Shareholding (8437J)
April 05 2018 - 2:00AM
UK Regulatory
TIDMPPIX
RNS Number : 8437J
ProPhotonix Limited
05 April 2018
April 5, 2018
ProPhotonix Limited
("ProPhotonix" or the "Company")
Director/PDMR Dealings and Issue of Equity
ProPhotonix Limited (AIM: PPIX and PPIR, OTC: STKR), a high
technology designer and manufacturer of LED illumination systems
and laser diode modules, with operations in Ireland and the United
Kingdom, announces that application has been made for in aggregate
135,000 new common shares of $0.001 in the Company ("New Shares")
to be admitted to trading on AIM ("Admission") following the
exercise of options as listed below:
Enlarged Percentage
Position New Shares Exercise shareholding of enlarged
price share
capital
--------------- ------------- ------------ ---------- ---------------------- -------------------------
Finance
Tina Lea Director 10,000 $0.0323 20,000 0.02%
--------------- ------------- ------------ ---------- ---------------------- -------------------------
Philip Feeley VP, Finance 125,000 $0.0267 1,578,503 1.70%
--------------- ------------- ------------ ---------- ---------------------- -------------------------
Following Admission, the Company's issued share capital will
comprise 92,700,402 common shares, with voting rights. The Company
does not hold any common shares in treasury. Therefore, the total
number of common shares in the Company with voting rights will be
92,700,402. This figure may be used by shareholders in the Company
as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under
the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
ProPhotonix Limited Tel: +1 603 893 8778
Tim Losik, President & CEO ir@prophotonix.com
Cantor Fitzgerald Europe Tel: +44 (0)207 894 7000
(Nominated Adviser and Broker)
David Foreman
Richard Salmond
About ProPhotonix
ProPhotonix Limited, headquartered in Salem, New Hampshire, is a
high technology designer and manufacturer of LED illumination
systems and laser diode modules for industry leading OEMs and
medical equipment companies. In addition, the Company distributes
premium diodes for Ushio (formerly Opnext), Osram, QSI, Panasonic,
and Sony. The Company serves a wide range of markets including the
machine vision, industrial inspection, security, and medical
markets. ProPhotonix has offices and subsidiaries in the U.S.,
Ireland, U.K., and Europe. For more information about ProPhotonix
and its innovative products, visit the Company's web site at
www.prophotonix.com.
1 Details of the person discharging
managerial responsibilities
/ person closely associated
--- ----------------------------------------------
a) Name Tina Lea
--- ------------------ --------------------------
2 Reason for the notification
--- ----------------------------------------------
a) Position/status PDMR
--- ------------------ --------------------------
b) Initial INITITAL NOTIFICATION
notification
/Amendment
--- ------------------ --------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- ----------------------------------------------
a) Name PROPHOTONIX LIMITED
--- ------------------ --------------------------
b) LEI 213800HRNS6E2XP4A909
--- ------------------ --------------------------
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 Common shares of US$0.001
of the financial each
instrument,
type of
instrument USU743121142
Identification
code
--- ------------------ --------------------------
b) Nature of Exercise of options
the transaction
--- ------------------ --------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) --------- ----------
$0.0323 10,000
--------- ----------
--- ------------------ --------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
--- ------------------ --------------------------
e) Date of 5 April 2018
the transaction
--- ------------------ --------------------------
f) Place of LONDON STOCK EXCHANGE
the transaction (XLON)
--- ------------------ --------------------------
1 Details of the person discharging
managerial responsibilities
/ person closely associated
--- ----------------------------------------------
a) Name Phil Feeley
--- ------------------ --------------------------
2 Reason for the notification
--- ----------------------------------------------
a) Position/status PDMR
--- ------------------ --------------------------
b) Initial INITITAL NOTIFICATION
notification
/Amendment
--- ------------------ --------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- ----------------------------------------------
a) Name PROPHOTONIX LIMITED
--- ------------------ --------------------------
b) LEI 213800HRNS6E2XP4A909
--- ------------------ --------------------------
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 Common shares of US$0.001
of the financial each
instrument,
type of
instrument
USU743121142
Identification
code
--- ------------------ --------------------------
b) Nature of Exercise of options
the transaction
--- ------------------ --------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) --------- ----------
$0.0267 125,000
--------- ----------
--- ------------------ --------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
--- ------------------ --------------------------
e) Date of 5 April 2018
the transaction
--- ------------------ --------------------------
f) Place of LONDON STOCK EXCHANGE
the transaction (XLON)
--- ------------------ --------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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