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TT Electronics plc granted conditional awards of 157,361 ordinary shares of 25p each to Executive Director and CEO Eric Lakin on 2 April 2026 under its Deferred Share Bonus Plan. No consideration was payable for these awards, which are subject to malus and clawback provisions. The awards will vest on the second anniversary of the grant, representing 30% of the 2025 short-term incentive award in accordance with the Remuneration Policy.
| Date | 23 Apr 2026 |
| Time | 12:25:14 |
| Category | Director/PDMR dealings |
| ID | 7031B |
23 April 2026
TT Electronics plc
Deferred Share Bonus Plan
TT Electronics plc (the "Company") announces that conditional awards of ordinary shares of 25p each in the Company ("Shares") were granted on 2 April 2026 under the Company's Deferred Share Bonus Plan to an Executive Director of the Company.
In accordance with the Remuneration Policy, 30 per cent of the 2025 short-term incentive award to Executive Directors typically is deferred into Shares. Awards will vest on the second anniversary of grant.
Executive Director Number of Shares
Eric Lakin 157,361
No consideration was payable for the grant of awards.
Awards are subject to malus and clawback provisions.
The Company was informed of the above transactions on 2 April 2026. The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further details.
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1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Eric Lakin
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2. |
Reason for the notification |
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a) |
Position / status |
CEO |
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b) |
Initial notification / Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
TT Electronics plc |
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b) |
LEI |
213800TJGBW5VFHQEV54 |
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4. |
Details of the transaction(s) |
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a) |
Description of the financial instrument, type of instrument
Identification Code |
Ordinary shares of 25p each
GB0008711763 |
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b) |
Nature of the transaction |
Grant of conditional award of ordinary shares under the terms of the Deferred Share Bonus Plan. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
See 4c above See 4c above
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e) |
Date of the transaction |
2026-04-02 |
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f) |
Place of the transaction |
Outside a trading venue |
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For further information please contact:
TT Electronics plc
Eric Lakin, Chief Executive Officer: Tel: + 44 (0)1932 825300
Richard Webb, Interim Chief Financial Officer:
Matthew Lee, Investor Relations
MHP Communications
Tim Rowntree / Ollie Hoare: Tel: +44 (0)20 3128 8100