Tristel PLC Issue of Equity/Director Dealing (3770C)
October 15 2015 - 4:50AM
UK Regulatory
TIDMTSTL
RNS Number : 3770C
Tristel PLC
15 October 2015
Tristel plc
("Tristel" or "the Company")
Issue of Equity/Director dealing
Tristel plc (AIM: TSTL), the manufacturer of infection
prevention, contamination control and hygiene products, today
announces that yesterday 475,000 ordinary shares of 1 penny each in
the capital of the Company ("Ordinary Shares") were issued and
allotted pursuant to the exercise of share options under a variety
of different schemes.
The above figure includes 250,000 ordinary shares which were
allotted to Paul Swinney, CEO, under the Senior Management Share
Option Scheme and were due to expire later this year. These options
were exercised at a price of 59p. Mr Swinney yesterday sold the
250,000 shares allotted at a price of 109p per Ordinary Share.
Accordingly Mr Swinney's shareholding remains unchanged at 915,000
ordinary shares, representing 2.18% of the issued share capital. In
addition he now holds 1,399,179 options under the Senior Management
Share Option Scheme, of which 485,000 are exercisable.
Application has been made for the 475,000 new Ordinary Shares to
be admitted to trading on AIM ("Admission") and dealings are
expected to commence on 21 October 2015. The new Ordinary Shares
will rank pari passu with the Company's existing Ordinary
Shares.
The total number of Ordinary Shares in issue following Admission
will be 42,007,201. Accordingly, the figure of 42,007,201 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
FCA's Disclosure and Transparency Rules.
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: 07854 391 303
finnCap Tel: 020 7220 0500
Geoff Nash (Corporate Finance)
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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