RNS Number : 5366X
Synectics PLC
02 September 2025
2 September 2025
Synectics plc
("Synectics" or the "Company")
Director/PDMR Shareholding
Synectics plc (AIM: SNX), a leader in advanced security and surveillance solutions, announces that, on 1 September 2025, Amanda Larnder, Chief Executive Officer and an Executive Director of the Company, exercised options over 62,000 ordinary shares of 20 pence each in the Company ("Ordinary Shares") and David Aindow, Chief Strategy Officer for Synectic Systems and a PDMR of the Company, exercised options over 20,000 Ordinary Shares, in each case at a price of £3.15 per Ordinary Share ("Exercise Price"), which had vested under the performance criteria of the Company's Performance Share Plan ("PSP") and were granted on 1 August 2022 (the "Option Exercise").
In order to satisfy the tax liability due under each Option Exercise, the Company has implemented a net settlement arrangement. As such, 29,140 Ordinary Shares and 9,400 Ordinary Shares, respectively, were withheld from issue to Amanda Larnder and David Aindow 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 their behalf (the "Tax Liability").
Following the Option Exercise and net settlement of the Tax Liability, Amanda Larnder has been issued 32,860 Ordinary Shares and David Aindow has been issued 10,600 Ordinary Shares. In addition, on 1 September 2025, David Aindow, sold these 10,600 Ordinary Shares at a price of £3.150 per Ordinary Share.
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
David Aindow
Chief Strategy Officer, Synectic Systems
PDMR
20,000
10,600
10,600
Following these transactions, their interests in Ordinary Shares are as follows:
Name
Number of Ordinary Shares Held
% of Issued Share Capital
Remaining interest in Options over Ordinary Shares
Amanda Larnder
37,816
0.2
1,102,000
David Aindow
2,000
0.01
40,351
For further information, please contact:
Synectics plc Claire Stewart, Company Secretary email:info@synecticsplc.com
Tel: +44 (0) 114 280 2828 www.synecticsplc.com
Shore Capital
Tel: +44 (0) 20 7408 4090
Corporate Advisory: TomGriffiths / David Coaten / George Payne Corporate Broking: Fiona Conroy
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.
The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation, is appended below.
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
Executive Director:
Amanda Larnder
Chief Executive Officer
PDMR:
David Aindow
Chief Strategy Officer
2
Reason for the notification
a)
Position/status
See 1a) above
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: £3.150 Volumes:
Amanda Larnder
62,000
David Aindow
20,000
d)
Aggregated information - Aggregated volume - Price
N/A
e)
Date of the transaction
01 September 2025
f)
Place of the transaction
AIM, London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated (PCA)
a)
Name
PDMR:
David Aindow
Chief Strategy Officer
2
Reason for the notification
a)
Position/status
See 1a) above
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
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price: £3.150 Volumes:
David Aindow
10,600
d)
Aggregated information - Aggregated volume - Price
N/A
e)
Date of the transaction
01 September 2025
f)
Place of the transaction
AIM, London Stock Exchange
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