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RNS Number : 6861L Zytronic PLC 17 May 2022
17 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 25,000 of its ordinary shares of 1 pence each
("Ordinary Shares") at an average price of 177.5 pence per share through
Singer Capital Markets. The Ordinary Shares purchased will be cancelled.
Aggregated information
Date of purchase 16 May 2022
Number of Ordinary Shares purchased 25,000
Highest price paid per share 177.5p
Lowest price paid per share 177.5p
Volume weighted average price paid 177.5p
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 Shares purchased Transaction price (GBp) Time of transaction Trading venue
25,000 177.5p 10:39:31 AIMX
Total voting rights
Following the purchase and cancellation of these Ordinary Shares, the
Company's total issued share capital will consist of 10,406,152 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 0191 414 5511
Mark Cambridge, Chief Executive
Claire Smith, Group Finance Director
Singer Capital Markets 020 7496 3000
(Nominated Adviser and Broker)
Aubrey Powell, Rachel Hayes, Amanda Gray, Katherine Coppock
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™ ("Projected Capacitive
Technology") and the second being multi-touch, multi-user mutual-capacitive
which Zytronic markets as MPCT™ ("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.
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™ ("Projected Capacitive
Technology") and the second being multi-touch, multi-user mutual-capacitive
which Zytronic markets as MPCT™ ("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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