TIDMTSTL

RNS Number : 0443V

Tristel PLC

04 August 2015

Tristel plc

("Tristel" or "the Company")

Directors dealing/grant of options

Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces today that Paul Swinney, CEO and Elizabeth Dixon, Finance Director, have been granted options over 636,567 ordinary 1 pence shares ("Ordinary Shares") under the Tristel plc Performance Share Plan 2015. The options are exercisable at 1 pence per share subject to certain profit objectives being met or the share price of the Company being equal to or greater than 134 pence per Ordinary Share for a period of 30 consecutive dealing days.

The options are exercisable for a period of five years from date of vesting in three equal tranches following publication of the annual results. The first tranche will vest, if performance conditions are met, on publication of the results to 30 June 2016.

Following the award, the equity interests of the executive directors are as follows:

 
 Director                 Ordinary        Options over      Options over   Total options       Percentage 
                  Shares currently            Ordinary          Ordinary       held post         interest 
                              held    Shares currently    Shares granted           grant         in fully 
                                                  held                                      diluted share 
                                                                                                  capital 
 Paul Swinney              915,000           1,250,000           414,179       1,664,179             5.8% 
 Liz Dixon                  45,067             227,500           222,388         449,888             1.1% 
 
 Total                     960,067           1,477,500           636,567       2,104,067             6.9%

For further information please contact:

 
 Tristel plc                                                      Tel: 01638 721 500 
 Paul Swinney, Chief Executive 
  Officer 
 Liz Dixon, Finance Director 
 
 Walbrook PR Ltd                        Tel: 020 7933 8780 or tristel@walbrookpr.com 
 Paul McManus                                                     Mob: 07980 541 893 
 Lianne Cawthorne                                                 Mob: 07584 391 303 
 
 finnCap                                                          Tel: 020 7220 0500 
 Geoff Nash/ Giles Rolls (Corporate 
  Finance) 
 Stephen Norcross (Corporate 
  Broking)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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