Exercise of Options, Director Dealing and TVR
Berliner Synchron AG
n/a
10:20 20/12/24
26 June 2024
Filtronic plc
(the "Company")
Exercise of Options, Director Dealing and Total Voting Rights
Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, space and telecoms infrastructure markets, announces that the Company has issued 358,915 new Ordinary Shares 0.1 pence each ("Ordinary Shares") as a result of an exercise of options under the Company's Sharesave Plan (the "Options"). Of this total exercise, Options over 58,290 Ordinary Shares were exercised by Michael Tyerman, Chief Financial Officer of the Company, increasing Mr. Tyerman's beneficial holding to 639,891 Ordinary Shares, representing 0.3 per cent. of the Company's total issued share capital.
Application has been made for the 358,915 new Ordinary Shares to be admitted to trading on AIM. It is expected that the dealings in these new Ordinary Shares will commence on 27 June 2024. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Following Admission, the Company will have in issue a total of 218,392,125 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.
Enquiries:
Filtronic plc | Tel. 01740 618 800 or [email protected] |
Nat Edington (Chief Executive Officer) |
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Michael Tyerman (Chief Financial Officer) |
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Cavendish Capital Markets Limited | Tel. 020 7220 0500 |
Jonny Franklin-Adams/George Dollemore (Corporate Finance) | |
Sunila de Silva (ECM) | |
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Walbrook PR Limited | Tel. 020 7933 8780 or [email protected] |
Nick Rome/Jospeh Walker | |
Further details of the PDMR dealing are included below. This information has been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Michael Tyerman | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chief Financial Officer | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Filtronic plc | ||||
b) | LEI | 213800PDQ9V2ZNCDO264 | ||||
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 |
Ordinary Shares of 0.1p each
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Identification code | GB0003362992 | |||||
b) | Nature of the transaction | Option exercise
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c) | Price(s) and volume(s) |
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d) | Aggregated information: · Aggregated volume · Price |
See above | ||||
e) | Date of the transaction | 20 June 2024 | ||||
f) | Place of the transaction | Off Market | ||||
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