REG - Synectics PLC - Director/PDMR Shareholding

SynecticsAnnouncement

04/04/2022 11:00

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RNS Number : 1374H  Synectics PLC  04 April 2022

 

 RNS   4 April 2022

 

 

 

Synectics plc

("Synectics" or the "Company")

 

Director/PDMR dealings

 

Synectics plc (AIM: SNX), a leader in the design, integration and support of
advanced security and surveillance systems, has been notified that on 1 April
2022, the Trustee of the Company's HMRC Approved Employee Share Acquisition
Plan ("ESAP") purchased a total of 16,180 ordinary shares of 20 pence each in
the Company ("Ordinary Shares") at an average price of £1.38725 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 2022.

 

Under the terms of the ESAP, participating members, including employees and
certain Directors of the Company, contribute a fixed amount to the Trustee on
a monthly basis. The Trustee acquires a number of 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 share at the beginning of the Period which was £1.04.

 

As a result of this purchase, the Company has been notified that the following
Executive Directors and PDMRs 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  865
 David Bedford  Finance Director     Executive Director  865
 Greg Alcorn    Divisional Director  PDMR                866

 

Following these purchases, the interests of Messrs Webb, Bedford and Alcorn in
the shares of the Company 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                           512,192                                       569,307                    3.20%
 David Bedford  20,000                           187,722                                       207,722                    1.17%
 Greg Alcorn    -                                26,521                                        26,521                     0.15%

 

 

 

For further information, please contact:

 Synectics plc                                Tel: +44 (0) 114 280 2828
 Claire Stewart, Company Secretary
 email: legalandsecretarial@synecticsplc.com  www.synecticsplc.com

 Shore Capital                                Tel: +44 (0) 20 7408 4050
 Tom Griffiths / David Coaten

 

 Ends

 

About Synectics plc

 

Synectics (AIM: SNX) is a leader in the design, integration and support of
advanced security and surveillance systems that enable clients around the
world to protect their people, communities, and assets.

 

Founded over 30 years ago, Synectics has deep industry experience across
gaming, energy, urban transport, public space and critical infrastructure
projects. The Group's expert engineering teams work in partnership with
customers to create integrated product and technology solutions, proven in the
most complex and demanding operating environments.

 

Find out more at www.synecticsplc.com (http://www.synecticsplc.com)

 

 

 

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