REG - Synectics PLC - Director/PDMR Dealings

SynecticsAnnouncement

11/10/2023 07:15

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RNS Number : 6849P  Synectics PLC  11 October 2023

RNS

11 October 2023

 

 

Synectics plc

("Synectics" or the "Company")

 

Director/PDMR dealings

 

Synectics plc (AIM: SNX), a leader in advanced security and surveillance
systems, has been notified that on 9 and 10 October 2023, the Trustee of the
Company's HMRC Approved Employee Share Acquisition Plan ("ESAP") purchased a
total of 13,814 (3,955 and 9,859 respectively) ordinary shares of 20 pence
each in the Company ("Ordinary Shares") at an average price of £1.22137 per
share in accordance with the ESAP's rules and on behalf of all ESAP
participants, in respect of the six-month accumulation period ended on 30
September 2023.

 

Under the terms of the ESAP, participating members, including employees, an
Executive Director of the Company and a PDMR, contribute a fixed amount to the
Trustee on a monthly basis. The Trustee acquires a number of Ordinary Shares
at the end of the six-month accumulation period (the "Period") based upon the
contributions made in the Period and determined by the lowest share price at
either the beginning of the Period or on the date of purchase. In this
instance, the share price used for the allocation of the number of shares for
ESAP purposes was the price per Ordinary Share at the beginning of the Period
which was £1.15.

 

As a result of this purchase, the Company has been notified that the following
Executive Director and a PDMR have acquired the following interests in
Ordinary Shares:

 

                                                       Number of Ordinary Shares purchased by the Trustee

 Name         Position             Status
 Paul Webb    Chief Executive      Executive Director  782
 David Gavin  Divisional Director  PDMR                782

 

Following these purchases, the interests of Messrs Webb and Gavin in the
Ordinary Shares are as follows:

 

 Name                                          Interest in Ordinary Shares in Share Schemes

              Number of Ordinary Shares Held

                                                                                             Resultant Total Interest   % of Issued Share Capital
 Paul Webb    57,115                           515,079                                       572,194                    3.22
 David Gavin  0                                60,782                                        60,782                     0.34

 

 

For further information, please contact:

 

 Synectics plc                                                        Tel: +44 (0) 114 280 2828

 Claire Stewart, Company Secretary                                    www.synecticsplc.com

                                                                    (https://url.avanan.click/v2/___http:/www.synecticsplc.com___.YXAxZTpzaG9yZWNhcDphOm86OTliNDFlMTA2M2Y0OTViZTA3ZmMwYmEwMmE5ODgyMDg6NjpjZjM5Ojc4ZTgyNmQyM2E2MmM4M2MwMWFiZmI3Nzk0MzI1MjY3M2NjNjM2NDNhNzdkOWI5OTkyMWMxOGUzZGQyMjBkNzE6cDpU)
 email: info@synecticsplc.com (mailto:info@synecticsplc.com)

 Shore Capital                                                        Tel: +44 (0) 20 7408 4090

 Tom Griffiths / David Coaten

 Vigo Consulting                                                      Tel: +44 (0) 20 7390 0230

 Jeremy Garcia / Fiona Hetherington

 synectics@vigoconsulting.com (mailto:synectics@vigoconsulting.com)

 

About Synectics

 

Synectics plc (AIM: SNX) is a leader in advanced security and surveillance
systems that help protect people, property, communities, and assets around the
world.

 

The Company's expertise is in providing solutions for specific markets where
security and surveillance are critical to operations. These include gaming,
oil and gas, public space, transportation, and critical infrastructure.

 

Synectics has deep industry experience in these markets and works closely with
customers to deliver solutions that are tailored to meet their needs.
Technical excellence, combined with decades of experience and long-standing
customer relationships, provides fundamental differentiation from mainstream
suppliers and makes the Company a stand out in its field.

 

Find out more at
www.synecticsplc.com (https://url.avanan.click/v2/___http:/www.synecticsplc.com___.YXAxZTpzaG9yZWNhcDphOm86OTc4YTc4Nzk4NGI2ODc3OTc4OWMxOWJjZTk2NzBmOTg6Njo3OTNkOjE2NGFjMDVmMTU0MTUyYWFkYzBhNjIzYmRjNzMxNDM5ZWJjZWE5NzhkNThjZWU5NGI1MGZkODIyMWYxZWYxMjU6cDpU)

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