REG - Jaywing PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">JWNG.L</Origin>

JaywingAnnouncement

27/02/2018 15:25

RNS Number : 1278G
Jaywing PLC
27 February 2018
27 February 2018
Jaywing plc
("Jaywing" or the "Company")
Director/PDMR Shareholding
Further to the Company's announcement released today regarding a Placing to raise up to 1.3 million, the following Directors have confirmed their agreement to participate in the Placing by subscribing for Placing Shares at the Placing Price, representing 95,000 in aggregate, subject to the passing of the Resolutions at the General Meeting.
Accordingly, conditional upon the passing of the Resolutions at the General Meeting, an application will be made for the total number of Placing Shares, being 6,536,450, to be admitted to trading on AIM on 15 March 2018. The gross monies raised in the Placing will therefore be 1,307,290.
Following Admission, the Company will have 93,432,217 Ordinary Shares in issue, of which 99,622 are currently held in Treasury. Accordingly, the total number of voting rights of the Company's Ordinary Shares immediately following Admission is expected to be 93,332,595.
Capitalised terms shall have the same meaning as those defined in the Company's announcement published today under RNS No. 9839F.
Details of the Placing Shares for which the Directors will be purchasing and their resultant shareholdings are displayed below:
Name
Title
Number of Ordinary Shares currently held
Number of Placing Shares subscribed
Purchase Price (pence)
Total beneficial interest in Ordinary Shares following Admission
Percentage of Enlarged Share Capital carrying voting rights 
Ian Robinson
Deputy Chairman
370,267
100,000
20
470,267
0.50%
Philip Hanson
Non-Executive Director
34,462
75,000
20
109,462
0.12%
Rob Shaw
Chief Executive Officer
124,869
50,000
20
174,869
0.19%
Adrian Lingard
Chief Operating Officer
61,000
50,000
20
111,000
0.12%
Mike Sprot
Chief Financial Officer
18,519
50,000
20
68,519
0.07%
Martin Boddy
Executive Chairman
4,916,667
100,000
20
5,016,667
5.38%
Andy Gardner
Chief Strategy Officer
4,987,470
50,000
20
5,037,470
5.40%
Enquiries:
Jaywing plc(www.jaywingplc.com)
Michael Sprot (Company Secretary)  Tel: 0114 281 1200
Cenkos Securities plc
Nicholas Wells/Callum Davidson (Nomad)   Tel: 0207 397 8920

This information is provided by RNS
The company news service from the London Stock Exchange
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