Director/PDMR Shareholding
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On 11 December 2024, the Company was notified of the following transactions, arising from the vesting of the 2021 Long Term Incentive Plan (the "Award"):
- Chris Barnes, Chief Executive Officer of the Company, who on 29 November 2024 had 8,006 options over ordinary shares of 0.4 pence each in Tracsis ("Ordinary Shares") vest, subsequently exercised on 11 December 2024, and sold 3,806 shares at a price of 533 pence per share to cover the immediate tax liability arising from the vesting and exercise. He retained a further 4,200 Ordinary Shares from the vesting. The balance of the Award, being 19,647 options over Ordinary Shares, have lapsed in accordance with the Award's performance conditions.
As a result of this transaction, Chris Barnes has increased his shareholding to 44,305 shares, representing 0.15% of the issued capital in the Company.
- Andy Kelly, Chief Financial Officer of the Company, who on 29 November 2024 had 5,094 options over Ordinary Shares vest, subsequently exercised on 11 December 2024, and sold 2,422 shares at a price of 533 pence per share to cover the immediate tax liability arising from the vesting and exercise. He retained a further 2,672 Ordinary Shares from the vesting. The balance of the Award, being 12,503 options over Ordinary Shares, lapsed in accordance with the Award's performance conditions.
As a result of this transaction, Andy Kelly has increased his shareholding to 12,996 Ordinary Shares, representing 0.04% of the issued capital in the Company.
| Tracsis plc Jan Mitson Group Company Secretary | +44 (0)845 125 9162 | |||||
| Berenberg (Nominated Adviser, Corporate Broker & Financial Adviser) Mark Whitmore / Richard Andrews / Mollie D'Arcy Rice James Thompson (QE) | +44 (0)20 3207 7800 | |||||
| Transaction Details - Chris Barnes | ||||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: | Chris Barnes | ||||
| 1. | Reason for the notification | |||||
| a) | Position/status: | Chief Executive Officer | ||||
| b) | Initial notification/Amendment: | Initial notification | ||||
| a) | Name: | Tracsis plc | ||||
| b) | LEI: | 2138005I15G3HBN2WD92 | ||||
| a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary Shares of 0.4 pence each GB00B28HSF71 | ||||
| b) | Nature of the transaction: | Exercise of vested options and sale of shares to cover tax | ||||
| c) | Price(s) and volume(s): |
pence 8,006 (exercise of vested options) 3,806 (sale) | ||||
| d) | Aggregated information: · Aggregated volume: · Price: | As above | ||||
| e) | Date of the transaction: | 11 December 2024 | ||||
| f) | Place of the transaction: | AIM, London Stock Exchange (XLON) | ||||
| Transaction Details - Andy Kelly | ||||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: | Andy Kelly | ||||
| 1. | Reason for the notification | |||||
| a) | Position/status: | Chief Financial Officer | ||||
| b) | Initial notification/Amendment: | Initial notification | ||||
| a) | Name: | Tracsis plc | ||||
| b) | LEI: | 2138005I15G3HBN2WD92 | ||||
| a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary Shares of 0.4 pence each GB00B28HSF71 | ||||
| b) | Nature of the transaction: | Exercise of vested options and sale of shares to cover tax | ||||
| c) | Price(s) and volume(s): |
pence 5,094 ( exercise of vested options) 2,422 (sale) | ||||
| d) | Aggregated information: · Aggregated volume: · Price: | As above | ||||
| e) | Date of the transaction: | 1 1 December 2024 | ||||
| f) | Place of the transaction: | AIM, London Stock Exchange (XLON) | ||||
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