Filtronic PLC, a company specializing in aerospace, defense, space, and telecoms infrastructure products, has announced that the wife of Michael Tyerman, the Chief Financial Officer, has transferred 16,500 Ordinary Shares into her ISA. Mrs. Tyerman sold 16,500 Ordinary Shares at a price of 36.5 pence from her own account and purchased the same number of shares at the same price to be held in her ISA. Following the transfer, Michael Tyerman's beneficial interest in the company remains unchanged at 581,601 Ordinary Shares, representing 0.3 per cent of the total issued share capital.
The details of the transaction have been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014. The notification includes information about the person discharging managerial responsibilities, the reason for the notification, details of the issuer, and specifics of the transaction, including the description of the financial instrument, nature of the transaction, price, volume, aggregated information, date, and place of the transaction.
This announcement provides transparency regarding the transfer of shares and ensures compliance with regulatory requirements. For further information, the company has provided contact details for investor relations and the relevant financial market entities involved in the transaction.