Tristel PLC Proposed Secondary Placing (9635B)
April 07 2017 - 9:07AM
UK Regulatory
TIDMTSTL
RNS Number : 9635B
Tristel PLC
07 April 2017
Tristel plc
("Tristel" or "the Company")
Proposed Secondary Placing
Tristel plc (AIM: TSTL), the manufacturer of infection
prevention, contamination control and hygiene products, announces
that certain directors intend to sell up to 3,329,371 ordinary
shares of 1 penny each in the capital of the Company (the "Placing
Shares" and the "Placing"), representing approximately 7.84% of the
issued share capital of the Company at a price of 175 pence per
Placing Share in order to satisfy market demand and broaden the
institutional shareholder base of the Company. The Board also
confirms that its expectations for the Company's full year
performance remain consistent with its statement dated 23 February
2017.
The completion of the Placing and the resulting directors'
shareholdings will be announced as soon as practicable.
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
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)
Alice Lane (Corporate
Broking)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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