RNS Number : 7285X
Trifast PLC
21 November 2014
 

 

 

 

 

 

Friday, 21 November 2014

Immediate release

 

 

Trifast plc

(the "Company" or "Trifast")

PDMR Exercise of Options and Share Sales

 

Trifast plc (Symbol: TRI), the international fastenings group announces that on 20 November 2014, the Company issued 2,000,000 ordinary shares pursuant to the exercise of options by executive directors of Trifast under the Company's Unapproved 2009 Share Option Plan.  Subsequently, these ordinary shares have been successfully placed.  The Directors as shown below, notified the Company of the transactions pursuant to DTR 3.1.2 on 20 November 2014.  The resultant holdings of the PDMRs are as follows:

 

Director

Beneficial

shareholding

as at 3 November 2014

Options exercised

Shares sold

on 20 November 2014

Price shares sold at

Beneficial

shareholding following the exercise of options

% of total issued share capital

Malcolm Diamond

533,800

1,000,000

1,000,000

108p

533,800

0.46

James Barker

573,229

1,000,000

1,000,000

108p

573,229

0.49

 

As at today's date, the Directors and related party holdings in the Company total 3,564,529 ordinary shares representing 3.07% of the total ordinary share capital in the Company.

 

Total Voting Rights

For the purposes of the FCA's Disclosure and Transparency Rules, the Company's total issued share capital as at today's date is 116,058,651 ordinary shares of 5p each.

 

The total number of voting rights in the Company is therefore 116,058,651.  The figure 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.

 

 

Enquiries:

Trifast plc

Mark Belton,

Group Finance Director & Company Secretary

Telephone: 44 (0) 1825 747366

 

Peel Hunt LLP

Stockbroker & financial adviser

Justin Jones

Mike Bell

Tel: 44 (0)20 7418 8900

 

TooleyStreet Communications Ltd

IR, corporate & media relations

Fiona Tooley

Mobile: 44 (0) 7785 703523

 

For more information:

LSE Listing: Ticker: TRI  FTSE index sector: FTSE Small Cap and FTSE All-share indices

Group website: www.trifast.com

Follow us on: Twitter: www.twitter.com/trfastenings ; www.facebook.com/trfastenings : www.linkedin.com/company/tr-fastenings

Group website: www.trifast.com

 

Trifast's trading business TR Fastenings is a leading international manufacturer and distributor of industrial fastenings to the assembly industries, with operations in Europe, the Americas and Asia.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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