TIDMZYT

RNS Number : 7671D

Zytronic PLC

04 March 2022

4 March 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 85,000 of its ordinary shares of 1 pence each ("Ordinary Shares") at a price of 149 pence per share through Singer Capital Markets. The Ordinary Shares purchased will be cancelled.

Aggregated information

 
 Date of purchase                       4 March 2022 
 Number of Ordinary Shares purchased    85,000 
                                       ------------- 
 Highest price paid per share           150.1p 
                                       ------------- 
 Lowest price paid per share            147.5p 
                                       ------------- 
 Volume weighted average price 
  paid                                  149p 
                                       ------------- 
 

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) 
 25,000               150.1p              08:34:39              AIMX 
                     ------------------  --------------------  -------------- 
 25,000               150.0p              12:13:13              AIMX 
                     ------------------  --------------------  -------------- 
 25,000               147.5p              12:20:48              AIMX 
                     ------------------  --------------------  -------------- 
 10,000               147.5p              13:23:06              AIMX 
                     ------------------  --------------------  -------------- 
 

Total voting rights

Following the purchase and cancellation of these Ordinary Shares, the Company's total issued share capital will consist of 11,218,652 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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March 04, 2022 13:14 ET (18:14 GMT)

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