TIDMSPSY TIDMSPSC

RNS Number : 5513C

Spectra Systems Corporation

11 October 2022

Spectra Systems Corporation

("Spectra Systems" or the "Company")

Director Dealings

Spectra Systems announces that on 11 October 2022, Donald Stanford, Non-executive Director of the Company, sold 15,000 shares of common stock of $0.01 in the Company ("Shares").

Enquiries:

 
Spectra Systems Corporation                       Tel: +1 (0)401 274 4700 
 Dr. Nabil Lawandy, Chief Executive Officer 
WH Ireland Limited (Nominated Adviser and         Tel: +44 (0)20 7220 1650 
 Joint Broker)                                     Tel: +44 (0)20 3328 5665 
 Chris Fielding (Head of Corporate Finance) 
 Allenby Capital Limited (Joint Broker) 
 Nick Naylor/James Reeve (Corporate Finance) 
 Amrit Nahal (Sales and Corporate Broking)

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
       Details of the person discharging managerial responsibilities/person 
   1    closely associated 
  a)   Name                               Donald Stanford 
      ---------------------------------  ------------------------------------- 
       Reason for the notification 
   2 
      ------------------------------------------------------------------------ 
  a)   Position/status                    Non-executive Director 
      ---------------------------------  ------------------------------------- 
  b)   Initial notification/              Initial Notification 
        Amendment 
      ---------------------------------  ------------------------------------- 
       Details of the issuer, emission allowance market participant, 
   3    auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------ 
  a)   Name                               Spectra Systems Corporation 
      ---------------------------------  ------------------------------------- 
  b)   LEI                                21380047EWJYQG53D640 
      ---------------------------------  ------------------------------------- 
       Details of the transaction(s): section to be repeated for 
   4    (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 stock of US$0.01 
        financial instrument, 
        type of instrument 
                                           ISIN: US84756T1060 TIDM: SPSY 
        Identification code 
      ---------------------------------  ------------------------------------- 
  b)          Nature of the transaction   Sale of Shares 
      ---------------------------------  ------------------------------------- 
  c)             Price(s) and volume(s)    Price(s)   Volume(s) 
                                            156.00     15,000 
      ---------------------------------  ------------------------------------- 
  d)             Aggregated information 
                 *    Aggregated volume    15,000 
                                            156.00 
 
                             *    Price 
 --------------------------------------  ------------------------------------- 
  e)            Date of the transaction   11 October 2022 
      ---------------------------------  ------------------------------------- 
  f)           Place of the transaction   London Stock Exchange 
      ---------------------------------  -------------------------------------

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END

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October 11, 2022 13:12 ET (17:12 GMT)

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