REG - Synectics PLC - Director/PDMR Dealings

SynecticsAnnouncement

03/04/2024 07:15

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RNS Number : 0420J  Synectics PLC  03 April 2024

 

      3 April 2024

 

 

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 2 April 2024, the Trustee of the Company's
HMRC Approved Employee Share Acquisition Plan ("ESAP") purchased a total of
14,695 ordinary shares of 20 pence each in the Company ("Ordinary Shares") at
a price of £1.70 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 31 March 2024.

 

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 £1.125.

 

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  800
 David Gavin  Divisional Director  PDMR                800

 

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                           575,879                                       632,994                                3.56
 David Gavin  0                                81,582                                                        81,582                 0.46

 

For further information, please contact:

 

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

 Paul Webb, Chief Executive Officer                            www.synecticsplc.com

                                                             (https://url.avanan.click/v2/___http:/www.synecticsplc.com___.YXAxZTpzaG9yZWNhcDphOm86NTYwYTllNmRlNmEwMDZmMWYwNTkzZGIxYTRhYzMwZGI6NjpmZDdmOjU4MjU3MDliNWJmOWIyMGFjMjkxZGZhYzcwNzk1ZjUxY2FkNGM5NWQyYWU4ODAxMTUxOTg3ZDc1ZmNkYjk3NWI6cDpG)
 Amanda Larnder, Chief Financial Officer

 Claire Stewart, Company Secretary

 email: info@synecticsplc.com (mailto:info@synecticsplc.com)

 Shore Capital                                                 Tel: +44 (0) 20 7408 4090
 Tom Griffiths / David Coaten / Rachel Goldstein

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

 Jeremy Garcia / Fiona Hetherington / Aisling Fitzgerald

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

 

About Synectics plc
 
Synectics (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, transport, 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___.YXAxZTpzaG9yZWNhcDphOm86NTYwYTllNmRlNmEwMDZmMWYwNTkzZGIxYTRhYzMwZGI6NjpmZDdmOjU4MjU3MDliNWJmOWIyMGFjMjkxZGZhYzcwNzk1ZjUxY2FkNGM5NWQyYWU4ODAxMTUxOTg3ZDc1ZmNkYjk3NWI6cDpG)

 

 

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