TIDMZYT

RNS Number : 6328C

Zytronic PLC

24 February 2022

24 February 2022

Zytronic plc

("Zytronic" or the "Company")

Purchase of Own Shares

Further to the confirmation of its intention to implement a share buyback programme, as set out in its announcement on 17 February 2022, the Company announces that it has purchased 10,000 of its ordinary shares of 1 pence each ("Ordinary Shares") at a price of 152 pence per share through Singer Capital Markets. The Ordinary Shares purchased will be cancelled.

Aggregated information

 
 Date of purchase                       23 February 2022 
 Number of Ordinary Shares purchased    10,000 
                                       ----------------- 
 Highest price paid per share           152p 
                                       ----------------- 
 Lowest price paid per share            152p 
                                       ----------------- 
 Volume weighted average price 
  paid                                  152p 
                                       -----------------

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) , a detailed breakdown of individual trades is available below:

 
 Number of Ordinary   Transaction price   Time of transaction   Trading venue 
  Shares purchased     (GBp) 
 5,000                152p                08:40:52              AIMX 
                     ------------------  --------------------  -------------- 
 5,000                152p                16:15:46              AIMX 
                     ------------------  --------------------  --------------

Total voting rights

Following the purchase and cancellation of these Ordinary Shares, the Company's total issued share capital will consist of 11,311,652 Ordinary Shares, each carrying one voting right. The Company does not hold any Ordinary Shares in treasury. This figure 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.

 
 
      Enquiries: 
       Zytronic plc 
        Mark Cambridge, Chief Executive 
        Claire Smith, Group Finance Director          0191 414 5511 
       Singer Capital Markets 
        (Nominated Adviser and Broker) 
        Aubrey Powell, Rachel Hayes, Amanda Gray, 
        Michael Nothnagel                             020 7496 3000 
 
      About Zytronic 
 
      Zytronic is a world-renowned developer and manufacturer of a 
      unique range of internationally award winning optically transparent 
      interactive touch sensor overlay products for use with electronic 
      displays in industrial, self-service and public access equipment. 
      Zytronic's products employ a sensing solution that is readily 
      configurable and embedded in a laminate core that offers significant 
      durability, environmental stability and optical enhancement 
      benefits to system designers specific requirements. 
      Zytronic has continually developed process and technological 
      know-how and IP since the late 1990's around two sensing methodologies; 
      the first being single touch self-capacitive which Zytronic 
      markets as PCT(TM) ("Projected Capacitive Technology") and the 
      second being multi-touch, multi-user mutual-capacitive which 
      Zytronic markets as MPCT(TM) ("Mutual Projected Capacitive Technology"), 
      in which Zytronic holds five granted patents. 
      Zytronic operates from a single site near Newcastle-upon-Tyne 
      in the United Kingdom. Zytronic is relatively unique in the 
      touch eco-system as it offers a complete one-stop solution from 
      processing internally the form and factor of the glass substrates, 
      assembles their touch overlay products to customers specific 
      requirements, in environmentally controlled cleanrooms and develops 
      the bespoke firmware, software and electronic hardware to link 
      the interactive overlays to customer's integrated systems and 
      products.

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END

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February 24, 2022 02:00 ET (07:00 GMT)

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