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Trifast PLC - PDMR Notification &Total Voting Rights

RNS Number : 6540I
Trifast PLC
02 April 2020
 

 

 

 

2 April 2020

 

Trifast plc

("Trifast" or the "Company")

 

Notification and public disclosure of transactions by Persons Discharging

Managerial Responsibilities (PDMR)

and

Total Voting Rights

 

 

Increase in PDMR shareholding

The Company announces that Ms. Clare Foster, Chief Financial Officer of the Company, a Person Discharging Managerial Responsibilities ("PDMR"), was issued and allotted a total of 85,116 ordinary shares of 5 pence each in the Company ("Ordinary Shares") on 31 March 2020 pursuant to the exercise of options under the Company's 2016 Deferred Equity Bonus Share schemeImmediately following this, Clare completed a sale of 83,350 ordinary shares and repurchase of 20,631 ordinary shares through her ISA.

 

Ms Foster also transferred 20,631 ordinary shares to her wife's ISA.

 

Details of the transactions are shown in the PDMR notifications below.

 

Following the transactions listed above Ms Foster and Persons Closely Associated with her remain beneficially interested in 59,850 ordinary shares of the Company.

 

Total Voting Rights (TVR)

Following the issue and allotment of shares, the Company's total issued share capital is 122,632,912 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 122,632,912.  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.

 

 

Trifast plc

Lyndsey Case

Company Secretary

Tel: 44 (0) 1825 769696

www.trifast.com 

 

The notification below is 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

Clare Foster

2.             

Reason for the notification

a.             

Position/status

Chief Financial Officer

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 financial instrument, type of instrument Identification code

Ordinary shares of 5 pence each 

GB0008883927

b.             

Nature of the transaction

Allotment of shares pursuant to the exercise of options under the Company's 2016 Deferred Equity Bonus Share scheme

c.             

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

85,116 

d.             

Aggregated information

Aggregated volume

Price

 

85,116

Nil

e.             

Date of the transaction

31 March 2020

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 financial instrument, type of instrument Identification code

Ordinary shares of 5 pence each 

GB0008883927

b.             

Nature of the transaction

Sale of 83,350 ordinary shares of 5p each in the Company ("Ordinary Shares") where 20,631 Ordinary Shares were immediately repurchased by Clare Foster through a Bed and ISA arrangement and 20,631 Ordinary Shares were purchased by Clare's wife through a Bed and ISA arrangement.

c.             

Price(s) and volume(s)

Transaction 1 (sale)

Transaction 2 (purchase (own ISA))

Transaction 3 (purchase (wife's ISA))

Price(s)

Volume(s)

93p

83,350 

96p

20,631

96p

20,631

d.             

Aggregated information

 

 

Transaction 1 (sale)

Transaction 2 (purchase (own ISA))

Transaction 3 (purchase (wife's ISA))

 

Price(s)

Aggregated Price

Aggregated Volume(s)

93p

£77,515.50

83,350 

96p

£19,805.76

20,631

96p

£19,805.76

20,631

e.             

Date of the transaction

1 April 2020

f.             

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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DSHEAKLAEDLEEFA

Quick facts: Trifast

Price: 117.5

Market: LSE
Market Cap: £159.72 m
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