REG - Synectics PLC - Director/PDMR Shareholding

SynecticsAnnouncement

04/10/2022 07:00

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RNS Number : 6145B  Synectics PLC  04 October 2022

 

 RNS   4 October 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 3
October 2022, the Trustee of the Company's HMRC Approved Employee Share
Acquisition Plan ("ESAP") purchased a total of 13,869 ordinary shares of 20
pence each in the Company ("Ordinary Shares") at a price of £1.10 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 2022.

 

Under the terms of the ESAP, participating members, including employees and a
Director 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 on the date of purchase which was £1.10.

 

As a result of this purchase, the Company has been notified that the following
Executive Director and 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  819
 Greg Alcorn  Divisional Director  PDMR                818

 

Following these purchases, the interests of Messrs Webb 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                           513,176                                       570,291                    3.20
 Greg Alcorn  0                                47,427                                        47,427                     0.27

 

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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