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RNS Number : 1115H Watkin Jones plc 15 March 2024
For immediate release 15 March 2024
Watkin Jones plc
('Watkin Jones' or the 'Company')
Issue of Equity
Director/PDMR Shareholding
Watkin Jones plc (AIM: WJG) announces that it has issued and allotted 211,844
ordinary shares of 1 penny each in the Company ("Ordinary Shares") pursuant to
the exercise of awards under the Company's Deferred Share Bonus Plan ("DSBP").
Accordingly, application has been made for the 211,844 new Ordinary Shares to
be admitted to trading on AIM ("Admission"). It is expected that Admission
will become effective, and that dealings will commence in the new Ordinary
Shares at 08.00 a.m. on 18 March 2024. The new Ordinary Shares will rank, pari
passu, with the existing Ordinary Shares.
In order to meet the costs of the exercise, and the personal taxation
liabilities arising on the exercise, Sarah Sergeant, Chief Financial Officer
of the Company, has sold, in aggregate, 44,153 Ordinary Shares, each at a
price of 42.66p per Ordinary Share, which is set out in the table below. The
balance of the new Ordinary Shares have been retained by Sarah Sergeant.
Name Role Number of Ordinary Shares exercised Number of Ordinary Shares sold Resulting interest in Ordinary Shares Resulting percentage of Ordinary Shares
Sarah Sergeant Chief Financial Officer 90,765 44,153 76,562 0.03%
Total Voting Rights
Following Admission, the Company's total issued share capital will comprise
256,653,097 Ordinary Shares. The Company does not hold any shares in treasury.
Therefore the total number of voting rights in the Company will be
256,653,097. This figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change of interest in, the share
capital of the Company under the FCA's Disclosure, Guidance and Transparency
Rules.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sarah Sergeant
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Watkin Jones plc
b) LEI 2138009X19O21NU5SG79
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary Shares of £0.01 each
Identification code
ISIN: GB00BD6RF223
b) Nature of the transaction Exercise of award under the DBSP
c) Price(s) and volume(s) Price No. of shares
1p 90,765
d) Aggregated information
- Aggregated volume
- Price n/a
e) Date of the transaction 15 March 2024
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
15 March 2024
f)
Place of the transaction
Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sarah Sergeant
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Watkin Jones plc
b) LEI 2138009X19O21NU5SG79
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary Shares of £0.01 each
Identification code
ISIN: GB00BD6RF223
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price No. of shares
42.66p 44,153
d) Aggregated information
- Aggregated volume
- Price n/a
e) Date of the transaction 15 March 2024
f) Place of the transaction London Stock Exchange, AIM
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
15 March 2024
f)
Place of the transaction
London Stock Exchange, AIM
- Ends -
For further information:
Watkin Jones plc
Alex Pease, Chief Executive Officer Tel: +44 (0) 20 3617 4453
Sarah Sergeant, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker) Tel: +44 (0) 20 7418 8900
Mike Bell / Ed Allsopp www.peelhunt.com (http://www.peelhunt.com/)
Jefferies Hoare Govett (Joint Corporate Broker) Tel: +44 (0) 20 7029 8000
James Umbers / David Sheehan / Paul Bundred www.jefferies.com (http://www.jefferies.com)
Media enquiries:
Buchanan
Henry Harrison-Topham / Steph Whitmore Tel: +44 (0) 20 7466 5000
watkinjones@buchanan.uk.com www.buchanan.uk.com
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