Source - LSE Regulatory
RNS Number : 9195M
Titon Holdings PLC
26 January 2021

26 January 2021

Titon Holdings plc

Exercise of options and Director/PDMR shareholding

Titon Holdings plc (the "Company"), announces that Mr D Ruffell, Chief Executive Officer of the Company, on 25th January 2021 exercised options over 60,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at an average exercise price of 56.33 pence each. Following this purchase, the total beneficial interest of Mr D Ruffell and persons closely associated with him is 178,500 Ordinary Shares, representing 1.6 per cent. of the Company's issued share capital (excluding shares held in treasury).

Application will be made to the London Stock Exchange for the admission of the 60,000 new Ordinary Shares to trading on AIM. Admission is expected to take place at 8.00am on 2 February 2021. Following the admission of these Ordinary Shares, the total number of Ordinary Shares in issue will be 11,193,750, each carrying the right to one vote. The Company holds 50,000 shares in treasury. Therefore, the figure of 11,143,750 may be used by shareholders in the Company 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 share capital of the Company under the Disclosure Guidance and Transparency Rules.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail. 

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them.




Details of the person discharging managerial responsibilities / person closely associated  





Mr D Ruffell






Reason for the notification  







Chief Executive Officer






Initial notification /Amendment 


Initial Notification



Details of the issuer, emission allowance market participant, auction platform,

auctioneer or auction monitor  






Titon Holdings plc







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



Description of the financial

instrument, type of instrument 


Identification code 

Ordinary shares of 10 pence each in Titon Holdings Plc






  Nature of the transaction 



Exercise of options over 60,000 Ordinary Shares



  Price(s) and volume(s) 









10,000 Ordinary Shares 

50,000 Ordinary Shares





  Aggregated information 



- Aggregated volume 



- Aggregated price 


- Aggregated total






60,000 Ordinary Shares








  Date of the transaction 



25 January 2021


  Place of the transaction 



Off market transaction




For further information please contact: 


Titon Holdings plc

Keith Ritchie



Tel: +44 (0)7748 146834

Shore Capital Nominated Adviser and Broker

Edward Mansfield 

Daniel Bush


Tel: +44 (0)20 7408 4090



This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.