TIDMTSTL
RNS Number : 9840B
Tristel PLC
07 April 2017
Tristel plc
("Tristel" or "the Company")
GBP5.8m placing of 3,329,371 new and existing Ordinary
Shares
Exercise of Options
Director Dealing
Tristel plc (AIM: TSTL), the manufacturer of infection
prevention, contamination control and hygiene products, is pleased
to announce that in order to satisfy market demand and broaden the
institutional shareholder base of the Company, finnCap, as the
Company's broker, have conducted a placing of 3,086,871 existing
ordinary shares of 1 penny each in the Company and 242,500 new
Ordinary Shares (the "Placing Shares" and the "Placing") with new
and existing institutional investors.
The Placing Shares have been sold on behalf of certain directors
of the Company (the "Vendors"). The Placing Shares were sold at a
price of 175 pence per share and represent, in aggregate, 7.79 per
cent. of the issued share capital of the Company.
Included in the shares sold by the Vendors are 242,500 Ordinary
Shares sold by Paul Swinney, pursuant to an exercise of options
under the Tristel plc Performance Share Plan 2009 ("the 2009 Option
Plan").
Subsequent to the Placing, the Vendors revised shareholdings are
set out below:
Vendors Placing Shares sold Resultant shareholding
---------------- ------------------------------ ------------------------------
Number % of Issued Number % of Issued
of Ordinary Share Capital of Ordinary Share Capital
Shares Shares
---------------- ------------- --------------- ------------- ---------------
Francisco
Soler* 2,500,000 5.85% 8,413,834 19.70%
---------------- ------------- --------------- ------------- ---------------
Paul Swinney** 689,371 1.61% 483,129 1.13%
---------------- ------------- --------------- ------------- ---------------
Paul Barnes 140,000 0.33% 590,180 1.38%
---------------- ------------- --------------- ------------- ---------------
*Includes family and related corporate vehicles
**following the sale of 242,500 Ordinary Shares pursuant to the
exercise of options under the 2009 Option Plan, Paul Swinney now
holds 1,156,679 options, representing 2.71% of the issued share
capital.
Application has been made for the 247,500 new Ordinary Shares to
be admitted to trading on AIM ("Admission"), including 5,000 new
Ordinary Shares pursuant to the exercise of employee share options.
The employee options are not being sold as part of the Placing and
dealings in 247,500 new Ordinary Shares are expected to commence on
12 April 2017. 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 42,718,917. Accordingly, the figure of 42,718,917 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 Guidance and Transparency Rules.
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)
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------------
a) Name Francisco Soler
--- ------------------------------- --------------------------------
2. Reason for the Notification
--- -----------------------------------------------------------------
a) Position/status PDMR
--- ------------------------------- --------------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- --------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name Tristel plc
--- ------------------------------- --------------------------------
b) LEI n/a
--- ------------------------------- --------------------------------
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 Ordinary shares
the Financial of 1p
instrument, type
of instrument
---
Identification GB00B07RVT99
code
--- ------------------------------- --------------------------------
b) Nature of the Sale of ordinary shares
transaction
--- ------------------------------- --------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
175p 2,500,000
--------- ----------
--- ------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume Sale of 2,500,000 ordinary
shares of 1p pence at GBP1.75
per ordinary share
* Price
--- ------------------------------- --------------------------------
e) Date of the transaction 7 April 2017
--- ------------------------------- --------------------------------
f) Place of the London Stock Exchange, AIM
transaction Market (XLON)
--- ------------------------------- --------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
5. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------------
a) Name Paul Barnes
--- ------------------------------- ----------------------------------
6. Reason for the Notification
--- -------------------------------------------------------------------
a) Position/status PDMR
--- ------------------------------- ----------------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- ----------------------------------
7. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------
a) Name Tristel plc
--- ------------------------------- ----------------------------------
b) LEI n/a
--- ------------------------------- ----------------------------------
8. 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 Ordinary shares
the Financial of 1p
instrument, type
of instrument
---
Identification GB00B07RVT99
code
--- ------------------------------- ----------------------------------
b) Nature of the Sale of ordinary shares
transaction
--- ------------------------------- ----------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
175p 140,000
--------- ----------
--- ------------------------------- ----------------------------------
d) Aggregated information:
* Aggregated volume Sale of 140,000 ordinary shares
of 1p pence at GBP1.75 per
ordinary share
* Price
--- ------------------------------- ----------------------------------
e) Date of the transaction 7 April 2017
--- ------------------------------- ----------------------------------
f) Place of the London Stock Exchange, AIM
transaction Market (XLON)
--- ------------------------------- ----------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
9. Details of the person discharging managerial
responsibilities / person closely associated
---- -----------------------------------------------------------------------------------------
a) Name Paul Swinney
---- ------------------------------- --------------------------------------------------------
10. Reason for the Notification
---- -----------------------------------------------------------------------------------------
a) Position/status PDMR
---- ------------------------------- --------------------------------------------------------
b) Initial notification/Amendment Initial notification
---- ------------------------------- --------------------------------------------------------
11. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- -----------------------------------------------------------------------------------------
a) Name Tristel plc
---- ------------------------------- --------------------------------------------------------
b) LEI n/a
---- ------------------------------- --------------------------------------------------------
12. 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 Ordinary shares
the Financial of 1p
instrument, type
of instrument
----
Identification GB00B07RVT99
code
---- ------------------------------- --------------------------------------------------------
b) Nature of the Exercise of share options and sale of ordinary shares
transaction
---- ------------------------------- --------------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
53.75p 242,500
--------- ----------
175p 689,371
--------- ----------
---- ------------------------------- --------------------------------------------------------
d) Aggregated information:
* Aggregated volume
Exercise of 242,500 share
options
* Price Sale of 689,371 ordinary shares
of 1p pence at GBP1.75 per
ordinary share
---- ------------------------------- --------------------------------------------------------
e) Date of the transaction 7 April 2017
---- ------------------------------- --------------------------------------------------------
f) Place of the London Stock Exchange, AIM
transaction Market (XLON)
---- ------------------------------- --------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHUGUWUCUPMGQM
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