TIDMZYT

RNS Number : 0199M

Zytronic PLC

19 May 2022

19 May 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 100,000 of its ordinary shares of 1 pence each ("Ordinary Shares") at an average price of 163.5 pence per share through Singer Capital Markets. The Ordinary Shares purchased will be cancelled.

Aggregated information

 
 Date of purchase                       18 May 2022 
 Number of Ordinary Shares purchased    25,000 
                                       ------------ 
 Highest price paid per share           163.5p 
                                       ------------ 
 Lowest price paid per share            163.5p 
                                       ------------ 
 Volume weighted average price 
  paid                                  163.5p 
                                       ------------ 
 

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               163.5p              16:01:23              AIMX 
                     ------------------  --------------------  -------------- 
 

Total voting rights

Following the purchase and cancellation of these Ordinary Shares, the Company's total issued share capital will consist of 10,281,152 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, 
    Katherine Coppock                             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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May 19, 2022 02:00 ET (06:00 GMT)

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