REG - Watkin Jones plc - Director/PDMR Shareholding

Watkin JonesAnnouncement

05/02/2025 07:00

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RNS Number : 8967V  Watkin Jones plc  05 February 2025

For immediate release
 
5 February 2025

 

Watkin Jones plc

('Watkin Jones' or the 'Company')

 

Director/PDMR Shareholding

 

Watkin Jones plc (AIM:WJG) announces that on 4 February 2025 the following
nominal-cost share awards over ordinary shares of 1 penny each in the Company
were granted under the Watkin Jones Deferred Share Bonus Plan to the following
persons discharging managerial responsibilities ("Awards"):

 

 PDMR         Position                 Number of shares granted under the Awards
 Alex Pease   Chief Executive Officer   107,622
 Simon Jones  Chief Financial Officer   33,381

 

The Awards have a nominal exercise price of one penny per share and normally
become exercisable on the first anniversary of the date of grant, subject to
continued employment.

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail:

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Alex Pease
 2    Reason for the notification
 a)   Position/status                                              Chief Executive 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                                    Grant of Award under the Watkin Jones Deferred Share Bonus Plan
 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       107,622
 d)   Aggregated information                                       Not applicable

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      4 February 2025
 f)   Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

4 February 2025

f)

Place of the transaction

Outside of a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Simon Jones
 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                                    Grant of Award under the Watkin Jones Deferred Share Bonus Plan
 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       33,381
 d)   Aggregated information                                       Not applicable

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      4 February 2025
 f)   Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

4 February 2025

f)

Place of the transaction

Outside of a trading venue

 

- Ends -

 

For further information:

 Watkin Jones plc
 Adam McGhin, Chief Legal Officer and Company Secretary  Tel: +44 (0) 20 3617 4453
                                                         www.watkinjonesplc.com
                                                         (https://protect.checkpoint.com/v2/r06/___http:/www.watkinjonesplc.com___.ZXV3MjpuZXh0MTU6YzpvOjY4MTMwMDY4ZTkyZjFiNzExNjJhMmQxNzU0OTY4MWIwOjc6MjNmODpjMjdkODJmNWJmNDM4MzRjYzcwNDUxOWQ4MjVkOGEzYjFkNDNhMzY0YjY0N2UzMGQ1NTQ5ZGVlMTNkNzMyMTk1OnA6RjpU)

 

Notes to Editors

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 49,000 student beds
across 147 schemes, 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. In addition, Fresh, the Group's specialist
accommodation management business, manages over 16,800 student beds and build
to rent apartments on behalf of its institutional clients. Watkin Jones has
also been responsible for over 50 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
(https://protect.checkpoint.com/v2/___http:/www.watkinjonesplc.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzo4Y2Q0M2FiYjJkNjY0MjAyMzg2MzhhMTAyZWFhYjAwNTo2OjU3NTM6NDk2NmI3NmU0Y2M0YjY5MmM5MjY3MTQ1NWZiNWVkNjdmM2VlNTdiYmVlODFjNDlhNDc3OWVhMzc4MTlkMmYxYzpwOkY6Tg)

 

 

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