TIDMTWD

RNS Number : 8825C

Trackwise Designs PLC

23 June 2021

23 June 2021

TRACKWISE DESIGNS PLC

("Trackwise" or the "Company")

Director/PDMR Shareholding

Trackwise Designs (AIM: TWD), a provider of specialist products using printed circuit technology, announces that Mark Hodgkins, Chief Financial Officer, has bought 10,000 ordinary shares in Trackwise at a price of 206p per share. Following this purchase, Mr Hodgkins has a beneficial interest of 158,869 ordinary shares in the Company representing 0.56% of the issued share capital.

Further information is disclosed below pursuant to Article 19(3) of the Market Abuse Regulation.

 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                                Mark Hodgkins 
       ----------------------------------  -------------------------------------- 
 2      Reason for the notification 
       -------------------------------------------------------------------------- 
 a)     Position/status                     Chief Financial Officer 
       ----------------------------------  -------------------------------------- 
 b)     Initial notification                Initial Notification 
         /Amendment 
       ----------------------------------  -------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       -------------------------------------------------------------------------- 
 a)     Name                                Trackwise Designs plc 
 
  b)     LEI code                            549300KQIX5EWTJMFK75 
       ----------------------------------  -------------------------------------- 
 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                  Ordinary Shares of 4 pence each 
         financial instrument, 
         type of instrument 
 
        Identification code                 GB00BFYT9999 
 
 b)     Nature of the transaction           P urchase of ordinary shares 
       ----------------------------------  -------------------------------------- 
 c)     Price(s) and volume(s) 
                                            ---------------------  ------------ 
                                             Price(s)               Volume(s) 
                                            ---------------------  ------------ 
    206p per share                                                  10,000 
   --------------------------------------------------------------  ------------ 
 
 d)     Aggregated information 
 
  - Aggregated volume                 N/A - single transaction 
 
  - Price 
 
 e)     Date of the transaction             23 June 2021 
       ----------------------------------  -------------------------------------- 
 f)     Place of the transaction            London Stock Exchange (AIM) 
       ----------------------------------  --------------------------------------

Enquiries:

 
 Trackwise Designs plc                         +44(0)16 8429 9930 
 Philip Johnston, CEO                          www.trackwise.co.uk 
 Mark Hodgkins, CFO 
 
 finnCap Ltd                                   +44(0)20 7220 0500 
 NOMAD and Broker 
 Ed Frisby / Tim Harper - Corporate Finance 
 Andrew Burdis / Barney Hayward - ECM 
 
 Alma PR                                       +44(0)20 3405 0205 
 Financial PR and IR 
 David Ison / Caroline Forde / Josh Royston 
  / Kieran Breheny

Notes to editors

Trackwise is a UK-based manufacturer of specialist products using printed circuit technology.

The full suite includes: Improved Harness Technology(TM) ("IHT") and Advanced PCBs - Microwave and Radio Frequency ("RF"), Short Flex, Flex Rigid and Rigid Multilayer products.

IHT uses a proprietary, patented process that Trackwise has developed to manufacture multilayer flexible printed circuits of unlimited length. While the technology has many applications, the directors expect that one of its primary uses will be to replace traditional wire harness in a variety of industries.

The Company has three sites, located in Tewkesbury, Stevenage (following the acquisition of Stevenage Circuits Ltd in April 2020) and Stonehouse. It serves customers in Europe and North America.

Trackwise Designs plc was admitted to trading on AIM in 2018 with the ticker TWD. For additional information please visit www.trackwise.co.uk

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU No. 596/2014) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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END

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June 23, 2021 09:13 ET (13:13 GMT)

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