Director/PDMR Shareholding and Total Voting Rights
04 May 22
Tracsis, a leading provider of software, hardware, data analytics/GIS and services for the rail, traffic data and wider transport industries, announces that Chris Barnes, Chief Executive Officer, exercised 21,417 LTIP options over ordinary shares of 0.4p each in the Company ("Ordinary Shares") at an exercise price of 0.4 pence per Ordinary Share (the "Exercise"). Chris Barnes subsequently sold 10,334 Ordinary Shares (the "Share Sale"), at a price of 1,040 pence per Ordinary Share, in order to cover the tax obligations arising from the Exercise.
Following the Exercise and Share Sale, Chris Barnes' beneficial interest in the Company is 11,083 Ordinary Shares, representing 0.04 per cent. of the total issued share capital.
Total Voting Rights Application has been made for 21,417 Ordinary Shares (the "New Ordinary Shares") to be admitted to trading on AIM and dealings are expected to commence on 11 May 2022 ("Admission").
Following the issue of the New Ordinary Shares, the number of Ordinary Shares in issue will be 29,592,130. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of ordinary shares of 0.4p each in the capital of the Company in issue as at the date of Admission is 29,592,130 with each share carrying the right to one vote.
The above figure 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 and Transparency Rules.
Tracsis plc | Tel: 0845 125 9162
Chris Barnes, CEO / Andy Kelly, CFO
finnCap Ltd | Tel: 020 7220 0500
Christopher Raggett / Charlie Beeson, Corporate Finance
Andrew Burdis / Sunila de Silva Corporate Broking
Alma PR | Tel: 020 3405 0205 Rebecca Sanders-Hewett / David Ison / Hilary Buchanan / Joe Pederzolli