REG - Synectics PLC - PDMR dealings

SynecticsAnnouncement

02/10/2024 07:00

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RNS Number : 5394G  Synectics PLC  02 October 2024

 

 02 October 2024

 

 

Synectics plc

("Synectics" or the "Company")

 

PDMR dealings

 

Synectics plc (AIM: SNX), a leader in advanced security and surveillance
systems, has been notified that on 1 October 2024, the Trustee of the
Company's HMRC Approved Employee Share Acquisition Plan ("ESAP") purchased a
total of 9,949 ordinary shares of 20 pence each in the Company ("Ordinary
Shares") at a price of £2.70 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 30 September 2024.

 

Under the terms of the ESAP, participating members, including employees, 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 £1.675.

 

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

 

                                            Number of Ordinary Shares purchased by the Trustee

 Name         Position             Status
 David Gavin  Divisional Director  PDMR     537

 

Following these purchases, the interests of Mr 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
 David Gavin  0                                65,796                                        65,796                     0.37

 

For further information, please contact:

 

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

 Amanda Larnder, Interim CEO and CFO                                       www.synecticsplc.com

                                                                         (https://url.avanan.click/v2/___http:/www.synecticsplc.com___.YXAxZTpzaG9yZWNhcDphOm86NTYwYTllNmRlNmEwMDZmMWYwNTkzZGIxYTRhYzMwZGI6NjpmZDdmOjU4MjU3MDliNWJmOWIyMGFjMjkxZGZhYzcwNzk1ZjUxY2FkNGM5NWQyYWU4ODAxMTUxOTg3ZDc1ZmNkYjk3NWI6cDpG)
 Claire Stewart, Company Secretary

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

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

 Corporate Broking - Fiona Conroy

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

 Jeremy Garcia / Fiona Hetherington / Peter Jacob

 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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