REG - Watkin Jones plc - Director/PDMR Shareholding
27/01/2025 13:30
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RNS Number : 8231U Watkin Jones plc 27 January 2025
Watkin Jones plc
('Watkin Jones' or the 'Company')
Director Shareholding
Watkin Jones plc (AIM:WJG) today announces that, on 24 January 2025, it was
notified of the following acquisitions of ordinary shares in the Company
carried out by Directors of the Company or persons closely associated with
them, on that date in the case of items 1, 3, 4 and 5, and on 23 January 2025
in the case item 2 below:
1. Alan Giddins, Non-Executive Chair, bought 148,000 ordinary shares at
a price of 26.63 pence per share;
2. Sarah Jones, a person closely associated with Simon Jones, bought
101,108 ordinary shares at a price of 24.71 pence per share;
3. Simon Jones, Chief Financial Officer, bought 92,000 ordinary shares
at a price of 27.80 pence per share;
4. Ben Jones, a person closely associated with Simon Jones, bought
19,000 ordinary shares at a price of 27.22 pence per share; and
5. Emily Jones, a person closely associated with Simon Jones, bought
18,892 ordinary shares at a price of 27.0 pence per share
Subsequent to these purchases of shares Alan Giddins now holds 1,028,000
ordinary shares in the Company, representing 0.4% of the Company's issued
share capital, and Simon Jones and persons closely associated with him, hold
239,000 ordinary shares in the Company, representing 0.09% of the Company's
issued share capital.
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 Alan Giddins
2 Reason for the notification
a) Position/status Non-Executive Chair
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 Acquisition of ordinary shares
c) Price(s) and volume(s) Price No. of shares
26.63p 148,000
d) Aggregated information
- Aggregated volume
- Price Volume: 148,000
Price: 26.63p
e) Date of the transaction 24 January 2025
f) Place of the transaction London Stock Exchange, AIM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name (a) Sarah Jones (PCA)
(b) Simon Jones
(c) Ben Jones (PCA)
(d) Emily Jones (PCA)
2 Reason for the notification
a) Position/status Director - 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 Acquisition of ordinary shares
c) Price(s) and volume(s) Price No. of shares
24.73p 101,108
27.80p 92,000
27.22p 19,000
27.0p 18,892
d) Aggregated information
- Aggregated volume
- Price Volume: 231,000
Price: 25.90p
e) Date of the transaction 23 January 2025 in the case of 1(a) above and 24 January 2025 in the case of
1(b), 1(c) and 1(d).
f) Place of the transaction London Stock Exchange, AIM
d)
Aggregated information
- Aggregated volume
- Price
Volume: 148,000
Price: 26.63p
e)
Date of the transaction
24 January 2025
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial responsibilities / person closely
associated
a)
Name
(a) Sarah Jones (PCA)
(b) Simon Jones
(c) Ben Jones (PCA)
(d) Emily Jones (PCA)
2
Reason for the notification
a)
Position/status
Director - 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
Identification code
Ordinary Shares of £0.01 each
ISIN: GB00BD6RF223
b)
Nature of the transaction
Acquisition of ordinary shares
c)
Price(s) and volume(s)
Price No. of shares
24.73p 101,108
27.80p 92,000
27.22p 19,000
27.0p 18,892
d)
Aggregated information
- Aggregated volume
- Price
Volume: 231,000
Price: 25.90p
e)
Date of the transaction
23 January 2025 in the case of 1(a) above and 24 January 2025 in the case of
1(b), 1(c) and 1(d).
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
Simon Jones, Chief Financial Officer www.watkinjonesplc.com
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Adam McGhin, Chief Legal Officer & Company Secretary
Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker) Tel: +44 (0) 20 7418 8900
Mike Bell / Ed Allsopp www.peelhunt.com
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Jefferies Hoare Govett (Joint Corporate Broker) Tel: +44 (0) 20 7029 8000
James Umbers / Paul Bundred www.jefferies.com
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Media enquiries:
MHP Group
Reg Hoare / Rachel Farrington Tel: +44 (0) 7801 894577
watkinjones@mhpgroup.com www.mhpgroup.com
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Notes:
Watkin Jones is the UK's leading developer and manager of residential for
rent, with a focus on the build to rent, student accommodation and affordable
housing sectors. The Group has strong relationships with institutional
investors, and a reputation for successful, on-time-delivery of high quality
developments. Since 1999, Watkin Jones has delivered over 50,000 student
beds across 147 sites, making it a key player and leader in the UK
purpose-built student accommodation market, and is increasingly expanding its
operations into the build to rent sector, where it has delivered 2,200
apartments across 12 schemes to date. In addition, Fresh, the Group's
specialist accommodation management business, manages c.19,000 student beds
and build to rent apartments on behalf of its institutional clients. Watkin
Jones has also been responsible for over 80 residential developments, ranging
from starter homes to executive housing and apartments.
The Group's competitive advantage lies in its experienced management team and
capital-light business model, which enables it to offer an end-to-end solution
for investors, delivered entirely in-house with minimal reliance on third
parties, across the entire life cycle of an asset.
Watkin Jones was admitted to trading on AIM in March 2016 with the ticker
WJG.L. For additional information please visit www.watkinjonesplc.com
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