Source - LSE Regulatory
RNS Number : 8975L
Trackwise Designs PLC
15 September 2021
 

15 September 2021

 

TRACKWISE DESIGNS PLC

("Trackwise" or the "Company")

 

Director/PDMR Shareholding

 

Trackwise Designs (AIM: TWD), a leading provider of specialist products using printed circuit technology, announces that Mark Hodgkins, Chief Financial Officer, has bought 10,000 ordinary shares in Trackwise at a price of 243p per share. Following this purchase, Mr Hodgkins has a beneficial interest of 168,869 ordinary shares in the Company representing 0.59% of the issued share capital.

 

Further information is disclosed below pursuant to Article 19(3) of the Market Abuse Regulation.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Mark Hodgkins

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Financial Officer

b)

 

Initial notification /Amendment

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

b)

Name

 

LEI code

Trackwise Designs plc

 

549300KQIX5EWTJMFK75

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

Ordinary Shares of 4 pence each


Identification code

GB00BFYT9999



b)

 

Nature of the transaction

 

 

Purchase  of ordinary shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




243p  per share

10,000







d)

 

Aggregated information




- Aggregated volume

N/A - single transaction



- Price




e)

 

Date of the transaction

 

 

15 September 2021

f)

 

Place of the transaction

 

London Stock Exchange (AIM)

 

 

 

 

 

Enquiries

 

Trackwise Designs plc                                                   

+44 (0)1684 299 930

Philip Johnston, CEO                                                                      

www.trackwise.co.uk

Mark Hodgkins, CFO                                      




finnCap Ltd

+44 (0)20 7220 0500

NOMAD and Broker


Ed Frisby/Tim Harper - Corporate Finance           

Andrew Burdis/Barney Hayward - ECM




Alma PR

+44 (0)20 3405 0205

Financial PR and IR


David Ison/Caroline Forde/Josh Royston/Kieran Breheny


 

Notes to editors

 

Trackwise is a UK-based manufacturer of specialist products using printed circuit technology.

 

The full suite includes: Improved Harness Technology™ ("IHT") and Advanced PCBs - Microwave and Radio Frequency ("RF"), Short Flex, Flex Rigid and Rigid Multilayer products.

 

IHT uses a proprietary, patented process that Trackwise has developed to manufacture multilayer flexible printed circuits of unlimited length. While the technology has many applications, the directors expect that one of its primary uses will be to replace traditional wire harness in a variety of industries.

 

The Company manufactures on two sites, located in Tewkesbury and Stevenage (following the acquisition of Stevenage Circuits Ltd in April 2020). It serves customers in Europe and North America. The Company has acquired a third site in Stonehouse Gloucestershire initially for its EV programme.

 

Trackwise Designs plc was admitted to trading on AIM in 2018 with the ticker TWD. For additional information please visit www.trackwise.co.uk

 

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