Tristel PLC Issue of Equity and PDMR Dealing (7807R)
March 04 2019 - 9:31AM
UK Regulatory
TIDMTSTL
RNS Number : 7807R
Tristel PLC
04 March 2019
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, announces
that following the acquisition of Ecomed Group (announced on 19
November 2018) it has issued and allotted 135,915 new ordinary
shares of 1 penny each in the Company ("Ordinary Shares") as part
of the deferred consideration for the acquisition (the "Deferred
Consideration Shares") at a price of GBP2.427 per Deferred
Consideration Share.
Of the 135,915 Deferred Consideration Shares, 121,591 are being
issued to Bart Leemans, Executive Director of the Company, and a
further 14,324 Deferred Consideration Shares are being issued to
Jan Leemans, brother to Bart.
Following the issuance of the Deferred Consideration Shares,
Bart Leemans' beneficial holding will be 949,627 Ordinary
Shares.
Application has been made for the new Ordinary Shares to be
admitted to trading on AIM and dealings are expected to commence on
8 March 2019 ("Admission").
The new Ordinary Shares will rank pari passu with the existing
shares of the Company. Following the issue of the Deferred
Consideration Shares, the Company's issued share capital consists
of 44,439,823 Ordinary Shares. Accordingly, the figure of
44,439,823 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 / Giles Rolls
(Corporate Finance)
Alice Lane (ECM)
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 Bart Leemans
------------------------------- ----------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status Executive Director
------------------------------- ----------------------------------
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 2138009DZ4LH9CZGF662
------------------------------- ----------------------------------
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 Ordinary shares of
Financial instrument, 1p
type of instrument
Identification code GB00B07RVT99
------------------------------- ----------------------------------
b) Nature of the transaction Issuance of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP2.427 121,591
----------
------------------------------- ----------------------------------
d) Aggregated information: n/a
* Aggregated volume
* Price
------------------------------- ----------------------------------
e) Date of the transaction 4 March 2019
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOESSSFLLFUSEDD
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