ProPhotonix Limited ProPhotonix Director/PDMR Dealings and Equity (0110Z)
December 11 2017 - 11:02AM
UK Regulatory
TIDMPPIX
RNS Number : 0110Z
ProPhotonix Limited
11 December 2017
December 11, 2017
ProPhotonix Limited
("ProPhotonix" or the "Company")
Director/PDMR Dealings and Issue of Equity
ProPhotonix Limited (AIM: PPIX and PPIR, OTC: STKR), a high
technology designer and manufacturer of LED illumination systems
and laser diode modules, with operations in Ireland and the United
Kingdom, announces that application has been made for in aggregate
1,050,000 new common shares of $0.001 in the Company ("New Shares")
to be admitted to trading on AIM ("Admission") following the
exercise of options and warrants as listed below:
Enlarged Percentage
Position New Shares Exercise price shareholding of enlarged
share
capital
--------------- ------------ ------------ ---------------- ---------------------------- -------------------------
Philip Feeley CFO 1,050,000 $0.03883 1,453,503 1.58%
--------------- ------------ ------------ ---------------- ---------------------------- -------------------------
Following Admission, the Company's issued share capital will
comprise 91,875,402 common shares, with voting rights. The Company
does not hold any common shares in treasury. Therefore, the total
number of common shares in the Company with voting rights will be
91,875,402. This figure may be used by shareholders in the Company
as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under
the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
ProPhotonix Limited Tel: +1 603 893 8778
Tim Losik, President & CEO ir@prophotonix.com
Cantor Fitzgerald Europe Tel: +44 (0)207 894 7000
(Nominated Adviser and Broker)
Andrew Craig
Richard Salmond
About ProPhotonix
ProPhotonix Limited, headquartered in Salem, New Hampshire, is a
high technology designer and manufacturer of LED illumination
systems and laser diode modules for industry leading OEMs and
medical equipment companies. In addition, the Company distributes
premium diodes for Ushio (formerly Opnext), Osram, QSI, Panasonic,
and Sony. The Company serves a wide range of markets including the
machine vision, industrial inspection, security, and medical
markets. ProPhotonix has offices and subsidiaries in the U.S.,
Ireland, U.K., and Europe. For more information about ProPhotonix
and its innovative products, visit the Company's web site at
www.prophotonix.com.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Philip Feeley
--- -------------------------- -------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status PDMR
--- -------------------------- -------------------------------
b) Initial notification INITITAL NOTIFICATION
/Amendment
--- -------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
--- -----------------------------------------------------------
a) Name PROPHOTONIX LIMITED
--- -------------------------- -------------------------------
b) LEI 213800HRNS6E2XP4A909
--- -------------------------- -------------------------------
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 Common shares of US$0.001 each
financial instrument,
type of instrument
USU743121142
Identification code
--- -------------------------- -------------------------------
b) Nature of the transaction Exercise of options
--- -------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
$0.03883 1,050,000
--------- ----------
--- -------------------------- -------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- -------------------------- -------------------------------
e) Date of the transaction 11 December 2017
--- -------------------------- -------------------------------
f) Place of the transaction LONDON STOCK EXCHANGE (XLON)
--- -------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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