REG - Synectics PLC - Director/PDMR Shareholding

SynecticsAnnouncement

04/04/2023 08:15

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RNS Number : 2929V  Synectics PLC  04 April 2023

 

 RNS   4 April 2023

 

 

Synectics plc

("Synectics" or the "Company")

 

Director dealings

 

Synectics plc (AIM: SNX), a leader in advanced security and surveillance
systems, has been notified that on 3 April 2023, the Trustee of the Company's
HMRC Approved Employee Share Acquisition Plan ("ESAP") purchased a total of
13,369 ordinary shares of 20 pence each in the Company ("Ordinary Shares") at
a price of £1.15 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 2023.

 

Under the terms of the ESAP, participating members, including employees and an
executive 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 at the beginning of the Period which was £1.05.

 

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

 

                             Number of Ordinary Shares Purchased by the Trustee

 Name       Position
 Paul Webb  Chief Executive  857

 

Following this purchase, the interests of Mr Webb in 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                           514,033                                       571,148                    3.21

 

For further information, please contact:

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

 Claire Stewart, Company Secretary   www.synecticsplc.com (http://www.synecticsplc.com)

 email: info@synecticsplc.com

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

 
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 (http://www.synecticsplc.com)

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