ProPhotonix Director/PDMR Shareholding

SALEM, NH -- (Marketwired) -- 12/21/17 -- ProPhotonix Limited (OTC: STKR) (AIM: PPIX)

OTC: STKR; AIM: PPIX

ProPhotonix Announces Director/PDMR Dealings and Issue of Equity

(Salem, New Hampshire, December 21, 2017) ProPhotonix Limited (OTC: STKR and London Stock Exchange - AIM: PPIX), 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 690,000 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:

----------------------------------------------------------------------------
                                                                 Percentage
                                         Exercise    Enlarged    of enlarged
                Position   New Shares     price    shareholding     share
                                                                   capital
----------------------------------------------------------------------------
David        Sales            690,000     $0.03883      696,000        0.75%
McGuinness   Director
----------------------------------------------------------------------------

Following Admission, the Company's issued share capital will comprise 92,565,402 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 92,565,402. 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.

Contacts:

ProPhotonix Limited                       Tel: +1 603 893 8778
Tim Losik, President & CEO                [email protected]

Cantor Fitzgerald Europe                  Tel: +44 (0)207 894 7000
(Nominated Adviser and Broker)
Andrew Craig
Richard Salmond

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                                     David McGuinness
----------------------------------------------------------------------------
 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, Common shares of US$0.001 each
   type of instrument Identification code   USU743121142
----------------------------------------------------------------------------
b) Nature of the transaction                Exercise of options
----------------------------------------------------------------------------
c) Price(s) and volume(s)


                                            --------------------------------
                                            Price(s)         Volume(s)
                                            --------------------------------
                                            $0.03883         690,000
                                            --------------------------------

----------------------------------------------------------------------------
d) Aggregated information                   N/A
    - Aggregated volume
   - Price
----------------------------------------------------------------------------
e) Date of the transaction                  19 December 2017
----------------------------------------------------------------------------
f) Place of the transaction                 LONDON STOCK EXCHANGE (XLON)
----------------------------------------------------------------------------

Contacts:
RNS
Customer Services
0044-207797-4400
[email protected]
http://www.rns.com

Source: ProPhotonix Limited

You May Also Be Interested In

• Jenny Shin Goes Wire-to-Wire to Capture ISPS HANDA Women's Scottish Open
• New ProEssentials v11: Native WinUI Charting Library, 100M Points in 15ms, Following Microsoft's Vision for True Native Swap-Chain Rendering
• ELEKTROS Continues Evaluating Opportunities to Strengthen Its EV Ecosystem Strategy