TIDMSPSY TIDMSPSC

RNS Number : 8352N

Spectra Systems Corporation

26 May 2020

Spectra Systems Corporation

("Spectra Systems" or the "Company")

Director Dealings

Spectra Systems announces that on 22 May 2020, Martin Jaskel, Non-executive Director of the Company, sold 33,869 shares of common stock of $0.01 in the Company ("Shares").

Enquiries:

Spectra Systems Corporation

Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700

WH Ireland Limited

Chris Fielding ( Managing Director, Corporate Finance ) Tel: +44 (0) 20 7220 1650

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
   1   Details of the person discharging managerial responsibilities/person 
        closely associated 
  a)   Name                               Martin Jaskel 
      ---------------------------------  ------------------------------------- 
   2   Reason for the notification 
      ------------------------------------------------------------------------ 
  a)   Position/status                    Non-executive Director 
      ---------------------------------  ------------------------------------- 
  b)   Initial notification/              Initial Notification 
        Amendment 
      ---------------------------------  ------------------------------------- 
   3   Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------ 
  a)   Name                               Spectra Systems Corporation 
      ---------------------------------  ------------------------------------- 
  b)   LEI                                21380047EWJYQG53D640 
      ---------------------------------  ------------------------------------- 
   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                 Common stock of US$0.01 
        financial instrument, 
        type of instrument 
                                           ISIN: US84756T1060 TIDM: SPSY 
        Identification code 
      ---------------------------------  ------------------------------------- 
  b)          Nature of the transaction   Sale of Shares 
      ---------------------------------  ------------------------------------- 
  c)             Price(s) and volume(s)    Price(s)   Volume(s) 
                                            133.51     23,869 
                                            133.50     10,000 
                                                      ---------- 
      ---------------------------------  ------------------------------------- 
  d)             Aggregated information 
                 *    Aggregated volume    33,869 
                                            133.51 
 
                             *    Price 
 --------------------------------------  ------------------------------------- 
  e)            Date of the transaction   22 May 2020 
      ---------------------------------  ------------------------------------- 
  f)           Place of the transaction   London Stock Exchange 
      ---------------------------------  -------------------------------------

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END

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May 26, 2020 02:01 ET (06:01 GMT)

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