4th Mar 2019 14:31
Tristel plc
("Tristel" or the "Company")
Issue of Equity
Director Dealing
Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces that following the acquisition of Ecomed Group (announced on 19 November 2018) it has issued and allotted 135,915 new ordinary shares of 1 penny each in the Company ("Ordinary Shares") as part of the deferred consideration for the acquisition (the "Deferred Consideration Shares") at a price of £2.427 per Deferred Consideration Share.
Of the 135,915 Deferred Consideration Shares, 121,591 are being issued to Bart Leemans, Executive Director of the Company, and a further 14,324 Deferred Consideration Shares are being issued to Jan Leemans, brother to Bart.
Following the issuance of the Deferred Consideration Shares, Bart Leemans' beneficial holding will be 949,627 Ordinary Shares.
Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 8 March 2019 ("Admission").
The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following the issue of the Deferred Consideration Shares, the Company's issued share capital consists of 44,439,823 Ordinary Shares. Accordingly, the figure of 44,439,823 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014
For further information please contact:
Tristel plc | Tel: 01638 721 500 |
Paul Swinney, Chief Executive Officer | |
Liz Dixon, Finance Director | |
Walbrook PR Ltd | Tel: 020 7933 8780 or [email protected] |
Paul McManus | Mob: 07980 541 893 |
Lianne Cawthorne | Mob: 07854 391 303 |
finnCap | Tel: 020 7220 0500 |
Geoff Nash / Giles Rolls (Corporate Finance) | |
Alice Lane (ECM) |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Bart Leemans | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Executive Director | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Tristel plc | ||||
b) | LEI | 2138009DZ4LH9CZGF662 | ||||
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 Financial instrument, type of instrument |
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Identification code | GB00B07RVT99 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: · Aggregated volume · Price | n/a | ||||
e) | Date of the transaction | 4 March 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
Related Shares:
Tristel