Director/PDMR Shareholding
TT Electronics plc announced on April 23, 2026, that a conditional award of 723,938 ordinary shares was granted on April 2, 2026, under its Long Term Incentive Plan 2024 to Executive Director Eric Lakin, with no consideration payable. This award is subject to vesting after three years, contingent on performance conditions measured over the three years ending December 31, 2028, and includes malus and clawback provisions.
Select text to share a quote on X · sign in to keep highlights & notes in your TTG notes
TT Electronics plc (the "Company") announces that a conditional award of ordinary shares of 25p each in the Company ("Shares") was granted on 2 April 2026 under the Long Term Incentive Plan 2024 to the following Executive Director of the Company:
Executive Director Maximum Number
of Shares
Eric Lakin 723,938
No consideration is payable for the grant of award. The award will normally vest three years from the date of grant, subject to achievement of the performance conditions described on page 73 of the 2025 Annual Report and which will be measured over the three years ending 31 December 2028.
Awards are subject to malus and clawback provisions.
The Company was informed of the above transactions on 2 April 2026. The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further details.
| 1. | Details of PDMR / person closely associated with them ('PCA') | |||||
| a) | Name | Eric Lakin | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | CEO | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | TT Electronics plc | ||||
| b) | LEI | 213800TJGBW5VFHQEV54 | ||||
| 4. | Details of the transaction(s) | |||||
| a) | Description of the financial instrument, type of instrument Identification Code | Ordinary shares of 25p each GB0008711763 | ||||
| b) | Nature of the transaction | Grant of conditional award of ordinary shares under the terms of the Long Term Incentive Plan 2024 | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information Aggregated volume Price | See 4c above See 4c above | ||||
| e) | Date of the transaction | 2026-04-02 | ||||
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.