Synectics plc
("Synectics" or the "Company")
Director dealings
Synectics plc (AIM: SNX), a leader in advanced security and surveillance solutions, announces that, on 13 March 2026, Amanda Larnder, Chief Executive Officer, exercised options over 62,000 ordinary shares of 20 pence each in the Company ("Ordinary Shares") at a price of 177.50 pence per Ordinary Share ("Exercise Price"), which had vested under the performance criteria of the Company's Performance Share Plan ("PSP") granted on 1 August 2022 (the "Option Exercise").
In order to satisfy the tax liability due under the Option Exercise, the Company has implemented a net settlement arrangement. As such, 29,140 Ordinary Shares were withheld from issue to Mrs Larnder at the Exercise Price, the value of which will be paid by the Company to His Majesty's Revenue and Customs by the Company on her behalf (the "Tax Liability").
Following the Option Exercise and net settlement of the Tax Liability, Mrs Larnder has been issued 32,860 Ordinary Shares.
The Ordinary Shares issued pursuant to the Option Exercise have been satisfied by way of a transfer of Ordinary Shares currently held by the Company's employee benefit trust. Further details of the PSP can be found in the Company's annual report and accounts at www.synecticsplc.com.
Summary of transactions:
Name
Position
Status
Number of options under the PSP exercised
Ordinary Shares issued (net of Tax Liability)
Number of Ordinary Shares sold
Amanda Larnder
Chief Executive Officer
Executive Director
62,000
32,860
0
Name
Number of Ordinary Shares held prior to exercise
Number of Ordinary Shares issued
Resultant interest in Ordinary Shares
% of the Company's issued share capital
Interest in Options over Ordinary Shares
Amanda Larnder
44,431
32,860
77,291
0.43
1,040,000
For further information, please contact:
Synectics plc Claire Stewart, Company Secretary email:info@synecticsplc.com
Tel: +44 (0) 114 280 2828 www.synecticsplc.com
Singer Capital Markets
Tel: +44 (0) 20 7496 3000
Jen Boorer / James Fischer / Patrick Weaver
Vigo Consulting Jeremy Garcia / Fiona Hetherington / Peter Jacob synectics@vigoconsulting.com
Tel: +44 (0) 20 7390 0230
About Synectics plc
Synectics plc (AIM: SNX) is a leader in advanced security and surveillance solutions that help protect people, property and assets around the world.
It transforms customer operations by seamlessly integrating systems, technologies, and data into a unified solution-enhancing safety, improving efficiency, and enabling smarter, faster decision-making and response capabilities.
With its technical expertise, decades of experience, and strong partnerships, Synectics sets itself apart by delivering innovation and service that drive real value and long-term success.
Find out more at www.synecticsplc.com.
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 (PCA)
a)
Name
Amanda Larnder
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Synectics plc
b)
LEI
213800C1F7YZH96U2Z49
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, type of instrument Identification code
Ordinary Shares of 20 pence each
GB0007156838
b)
Nature of the transaction
Exercise of options under Performance Share Plan
c)
Price(s) and volume(s)
Price:177.50 pence Volume: 62,000
d)
Aggregated information - Aggregated volume - Price
N/A - single transaction
e)
Date of the transaction
13 March 2026
f)
Place of the transaction
AIM, London Stock Exchange
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