Elektron Technology PLC Grant of Options (0224Z)
December 12 2017 - 1:00AM
UK Regulatory
TIDMEKT
RNS Number : 0224Z
Elektron Technology PLC
12 December 2017
Elektron Technology plc
("Elektron" or the "Company")
Grant of Options
Elektron Technology plc announces that on 11 December 2017 John
Wilson, CEO, was granted options to subscribe for 175,000 ordinary
shares of 5 pence each in the capital of the Company (the
"Options"). The Options give Mr Wilson the right to subscribe for
Ordinary Shares at a price of 16.87 pence per Ordinary Share, being
the closing middle-market price of the Company's Ordinary Shares on
11 December 2017.
The Options vest after three years and are exercisable at any
point between the third and tenth anniversary of issuance.
Enquiries:
Elektron Technology plc +44 (0) 1223 371000
www.elektron-technology.com
Andy Weatherstone - Chief Financial Officer & Company
Secretary
finnCap (Nominated Adviser & Broker) +44 (0)20 7220 0500
Ed Frisby / Scott Mathieson - Corporate Finance
Abigail Wayne - Corporate Broking
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
Notes to Editors
Elektron conceives designs and markets innovative engineered
products and services for businesses that connect, monitor and
control. We have a multi skilled team of engineers, software and
product line specialists based in Cambridge focused on the
opportunities created by global trends in the following areas:
- Demand for ubiquitous power and data: Bulgin
- New waves of "aware" business applications: Checkit
- The effect of ageing on sight: Elektron Eye Technology
- Growth in high precision manufacture: Queensgate
1. Details of PDMR
---- ------------------------------------------------------------
(a) Name John Wilson
---- ------------------------- ---------------------------------
2. Reason for notification
---- ------------------------------------------------------------
(b) Position / Chief Executive Officer
status
---- ------------------------- ---------------------------------
(c) Initial notification Initial notification
/ amendment
---- ------------------------- ---------------------------------
3. Details of the Issuer
---- ------------------------------------------------------------
(a) Name Elektron Technology 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 transaction(s)
have been conducted
---- ------------------------------------------------------------
(a) Description Options over ordinary shares
of the financial of 5p each
instrument
---- ----------------------- -----------------------------------
(b) Nature of Grant of Options
the transaction
---- ----------------------- -----------------------------------
(c) Price(s) and 175,000 ordinary shares @ 16.87p
volume each
---- ----------------------- -----------------------------------
(d) Aggregated N/A
information
---- ----------------------- -----------------------------------
(e) Date of the 11/12/2017
transaction
---- ----------------------- -----------------------------------
(f) Place of the Outside a trading venue
transaction
---- ----------------------- -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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