ProPhotonix Limited Result of AGM and Director / PDMR Shareholdings (6968E)
November 09 2020 - 10:45AM
UK Regulatory
TIDMPPIX
RNS Number : 6968E
ProPhotonix Limited
09 November 2020
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014. Upon the
publication of this announcement via a Regulatory Information
Service ("RIS"), this inside information is now considered to be in
the public domain.
November 9, 2020
ProPhotonix Limited
("ProPhotonix" or the "Group")
Result of AGM
and Director / PDMR Shareholdings
ProPhotonix Limited, (London Stock Exchange - (AIM: PPIX, 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 at its Annual
General Meeting held today all matters put before the shareholders
were duly passed.
Under the director compensation policy, the following fully
vested common shares of $0.001 each ("Common Shares") were issued
to each of the Company's non-executive directors, in accordance
with the terms of their service contracts. As such, ProPhotonix
announces that application has been made for in aggregate 150,000
Common Shares to be admitted to trading on AIM ("Admission")
following the issue of these fully vested shares as listed
below:
Enlarged shareholding Percentage
Position New Shares of enlarged
share
capital
------------------ ------------ ------------ ------------------------- -------------------------
Ray Oglethorpe Chairman 75,000 885,567 0.87%
Vincent Thompson NED 75,000 651,450 0.62%
Following Admission, the Company's issued share capital will
comprise 93,300,402 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
93,300,402. 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 and CEO Email: ir@prophotonix.com
WH Ireland Limited
(Nominated Adviser and Broker)
Katy Mitchell Tel: +44 (0)207 894 7000
Matthew Chan
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, 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 Ray Oglethorpe
--------------------- -----------------------------
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 Common shares of US$0.001
of the financial each
instrument,
type of instrument
USU743121142
Identification
code
--------------------- -----------------------------
b) Nature of Vesting of options
the transaction
--------------------- -----------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) n/a 75,000
----------
--------------------- -----------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
--------------------- -----------------------------
e) Date of the 9 November 2020
transaction
--------------------- -----------------------------
f) Place of LONDON STOCK EXCHANGE (XLON)
the transaction
--------------------- -----------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
----------------------------------------------------
a) Name Vincent Thompson
--------------------- -----------------------------
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 Common shares of US$0.001
of the financial each
instrument,
type of instrument
Identification USU743121142
code
--------------------- -----------------------------
b) Nature of Vesting of options
the transaction
--------------------- -----------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) n/a 75,000
----------
--------------------- -----------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
--------------------- -----------------------------
e) Date of the 9 November 2020
transaction
--------------------- -----------------------------
f) Place of LONDON STOCK EXCHANGE (XLON)
the transaction
--------------------- -----------------------------
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END
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