Business
Issue of Equity and PDMR Dealing
Issue of Equity and PDMR Dealing.
About this update from Tristel Plc
[{"type":"text","content":"\n \nRNS Number : 7807R Tristel PLC 04 March 2019 \n\n \nTristel plc\n(\"Tristel\" or the \"Company\")\nIssue of Equity\nDirector Dealing\nTristel 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.\nOf 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.\nFollowing the issuance of the Deferred Consideration Shares, Bart Leemans' beneficial holding will be 949,627 Ordinary Shares.\nApplication 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\"). \nThe 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.\nThe information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014\nFor further information please contact: \n \n\n\n\nTristel plc\n\n\nTel: 01638 721 500\n\n\n\n\nPaul Swinney, Chief Executive Officer\n\n\n\n\n\n\n\nLiz Dixon, Finance Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWalbrook PR Ltd\n\n\nTel: 020 7933 8780 or [email protected]\n\n\n\n\nPaul McManus\n\n\nMob: 07980 541 893\n\n\n\n\nLianne Cawthorne\n\n\nMob: 07854 391 303 \n\n\n\n\n\n\n\n\n\n\n\n\nfinnCap\n\n\nTel: 020 7220 0500\n\n\n\n\nGeoff Nash / Giles Rolls (Corporate Finance)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAlice Lane (ECM)\n\n\n \n\n\n\...