TIDMTWD

RNS Number : 8975L

Trackwise Designs PLC

15 September 2021

15 September 2021

TRACKWISE DESIGNS PLC

("Trackwise" or the "Company")

Director/PDMR Shareholding

Trackwise Designs (AIM: TWD), a leading provider of specialist products using printed circuit technology, announces that Mark Hodgkins, Chief Financial Officer, has bought 10,000 ordinary shares in Trackwise at a price of 243p per share. Following this purchase, Mr Hodgkins has a beneficial interest of 168,869 ordinary shares in the Company representing 0.59% of the issued share capital.

Further information is disclosed below pursuant to Article 19(3) of the Market Abuse Regulation.

 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                                    Mark Hodgkins 
       --------------------------------------  -------------------------------------- 
 2      Reason for the notification 
       ------------------------------------------------------------------------------ 
 a)     Position/status                         Chief Financial Officer 
       --------------------------------------  -------------------------------------- 
 b)     Initial notification                    Initial Notification 
         /Amendment 
       --------------------------------------  -------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------------ 
 a)     Name                                    Trackwise Designs plc 
 
  b)     LEI code                                549300KQIX5EWTJMFK75 
       --------------------------------------  -------------------------------------- 
 4      Details of the transaction(s): section to be repeated for (i) 
         each type of instrument; (ii) each type of transaction; (iii) 
         each date; and (iv) each place where transactions have been 
         conducted 
       ------------------------------------------------------------------------------ 
 a)     Description of                          Ordinary Shares of 4 pence each 
         the financial instrument, 
         type of instrument 
 
        Identification                          GB00BFYT9999 
         code 
 
 b)     Nature of the transaction               P urchase of ordinary shares 
       --------------------------------------  -------------------------------------- 
 c)     Price(s) and volume(s) 
                                                -----------------  ---------------- 
                                                 Price(s)           Volume(s) 
                                                -----------------  ---------------- 
    243p per 
     share                                                          10,000 
   --------------------------------------------------------------  ---------------- 
 
 d)     Aggregated information 
 
  - Aggregated volume                     N/A - single transaction 
 
  - Price 
 
 e)     Date of the transaction                 15 September 2021 
       --------------------------------------  -------------------------------------- 
 f)     Place of the transaction                London Stock Exchange (AIM) 
       --------------------------------------  --------------------------------------

Enquiries

 
 Trackwise Designs plc                            +44 (0)1684 299 930 
 Philip Johnston, CEO                             www.trackwise.co.uk 
 Mark Hodgkins, CFO 
 
 finnCap Ltd                                      +44 (0)20 7220 0500 
 NOMAD and Broker 
 Ed Frisby/Tim Harper - Corporate 
  Finance 
  Andrew Burdis/Barney Hayward - ECM 
 
 Alma PR                                          +44 (0)20 3405 0205 
 Financial PR and IR 
 David Ison/Caroline Forde/Josh Royston/Kieran 
  Breheny

Notes to editors

Trackwise is a UK-based manufacturer of specialist products using printed circuit technology.

The full suite includes: Improved Harness Technology(TM) ("IHT") and Advanced PCBs - Microwave and Radio Frequency ("RF"), Short Flex, Flex Rigid and Rigid Multilayer products.

IHT uses a proprietary, patented process that Trackwise has developed to manufacture multilayer flexible printed circuits of unlimited length. While the technology has many applications, the directors expect that one of its primary uses will be to replace traditional wire harness in a variety of industries.

The Company manufactures on two sites, located in Tewkesbury and Stevenage (following the acquisition of Stevenage Circuits Ltd in April 2020). It serves customers in Europe and North America. The Company has acquired a third site in Stonehouse Gloucestershire initially for its EV programme.

Trackwise Designs plc was admitted to trading on AIM in 2018 with the ticker TWD. For additional information please visit www.trackwise.co.uk

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END

DSHSFIFEIEFSEDU

(END) Dow Jones Newswires

September 15, 2021 08:37 ET (12:37 GMT)

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