("Tracsis" or the "Company")
Tracsis has received notice that on 26 June 2013, John McArthur, a director of the Company, acquired 6,472 ordinary shares in the Company ("Shares") at a price of �1.545 per Share. Following the transaction, John McArthur now holds 968,462 Shares representing 3.80% of the total issued share capital of the Company.
Furthermore, Tracsis announces that Rod Jones, a director of the Company who has previously notified his intention to step down as Chairman of the Company with effect from 30 June 2013, has exercised all of his options over 262,551 ordinary shares in the Company ("New Shares") at a price of 40p per ordinary share. Accordingly, the Company has today issued 262,551 ordinary shares in the Company.Application has been made for the New Shares to be admitted to trading on AIM and dealings are expected to commence on 4 July 2013.
The Company also confirms that it has received notice that Rod Jones has simultaneously agreed to sell the New Shares at a price of �1.53 per Ordinary Share, with a trade date of 26 June 2013 ("Share Sale"). Following the Share Sale Rod Jones holds 23,000 ordinary shares in the Company, representing 0.09% of the total issued share capital of the Company.
Following the issue of the New Shares, the number of Ordinary Shares in issue will increase to 25,516,306. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following this allotment consists of 25,516,306 Shares with voting rights attached (one vote per Share). There are no Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Tracsis under the DTRs.
For more information please contact:
John McArthur, Tracsis plc
Tel:0845 125 9162
Katy Mitchell, WH Ireland Limited
Tel: 0161 832 2174