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ProPhotonix Director/PDMR Dealings and Equity

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By LSE RNS

RNS Number : 0110Z
ProPhotonix Limited
11 December 2017
 



 

 

 

 

 

December 11, 2017

 

ProPhotonix Limited

 

("ProPhotonix" or the "Company")

 

 

ProPhotonix Limited (AIM: PPIX and PPIR, OTC: STKR), a high technology designer and manufacturer of LED illumination systems and laser diode modules, with operations in Ireland and the United Kingdom, announces that application has been made for in aggregate 1,050,000 new common shares of $0.001 in the Company ("New Shares") to be admitted to trading on AIM ("Admission") following the exercise of options and warrants as listed below:

 


 

Position

 

New Shares

 

Exercise price

Enlarged shareholding

Percentage of enlarged share

capital

Philip Feeley

CFO

1,050,000

$0.03883

1,453,503

1.58%

 

 

Following Admission, the Company's issued share capital will comprise 91,875,402 common shares, with voting rights. The Company does not hold any common shares in treasury. Therefore, the total number of common shares in the Company with voting rights will be 91,875,402. This 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 in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

  Enquiries:

 

 

 ProPhotonix Limited

 Tim Losik, President & CEO

Tel: +1 603 893 8778

ir@prophotonix.com

 Cantor Fitzgerald Europe

 (Nominated Adviser and Broker)

 Andrew Craig

 Richard Salmond

Tel: +44 (0)207 894 7000

 

 

 

 

About ProPhotonix

 

ProPhotonix Limited, headquartered in Salem, New Hampshire, is a high technology designer and manufacturer of LED illumination systems and laser diode modules for industry leading OEMs and medical equipment companies.  In addition, the Company distributes premium diodes for Ushio (formerly Opnext), Osram, QSI, Panasonic, and Sony. The Company serves a wide range of markets including the machine vision, industrial inspection, security, and medical markets. ProPhotonix has offices and subsidiaries in the U.S., Ireland, U.K., and Europe. For more information about ProPhotonix and its innovative products, visit the Company's web site at www.prophotonix.com.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Name

  

Philip Feeley

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

 

b)

 

Initial notification /Amendment

  

INITITAL NOTIFICATION

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

  

PROPHOTONIX LIMITED

b)

 

LEI

  

213800HRNS6E2XP4A909

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 the financial instrument, type of instrument

 

Identification code

  

Common shares of US$0.001 each

 

 

USU743121142

 

b)

 

Nature of the transaction

  

Exercise of options

c)

 

Price(s) and volume(s)

 

 

     

 

Price(s)

 

Volume(s)

$0.03883

1,050,000

 

 

d)

 

Aggregated information

  - Aggregated volume

  - Price

  

N/A

e)

 

Date of the transaction

  

11 December 2017

f)

 

Place of the transaction

  

LONDON STOCK EXCHANGE (XLON)

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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