REG - Watkin Jones plc - Director Shareholding

Watkin JonesAnnouncement

19/07/2023 15:00

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RNS Number : 5580G  Watkin Jones plc  19 July 2023

 For immediate release  19 July 2023

 

Watkin Jones plc

('Watkin Jones' or the 'Company')

 

Director Shareholding

 

Watkin Jones plc (AIM: WJG) announces that it has been informed that on 19
July 2023, Alan Giddins, Non-Executive Chair, bought 416,000 ordinary shares
in the Company at a price of 46.65 pence per share.

 

Subsequent to this purchase of shares, Alan Giddins holds 600,000 ordinary
shares in the Company, representing 0.23% 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 Director and 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 of 1 penny each
 c)   Price(s) and volume(s)                                       Price   No. of shares
                                                                   46.65p  416,000
 d)   Aggregated information

      - Aggregated      volume

      - Price                                                      Volume: 416,000

                                                                   Price: 46.65p

 e)   Date of the transaction                                      19 July 2023
 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

Aggregated information

- Aggregated      volume

- Price

 

 

Volume: 416,000

Price: 46.65p

 

e)

Date of the transaction

19 July 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

- Ends -

 

 Watkin Jones plc
 Alex Pease, Interim Chief Executive Officer  Tel: +44 (0) 20 3617 4453
 Sarah Sergeant, Chief Financial Officer      www.watkinjonesplc.com (http://www.watkinjonesplc.com/)

 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 / Jamie Hooper

                                       Tel: +44 (0) 20 7466 5000
 watkinjones@buchanan.uk.com           www.buchanan.uk.com

 

 

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 48,000 student beds
across 143 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.  In addition, Fresh, the Group's specialist
accommodation management business, manages over 22,000 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 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
(http://www.watkinjonesplc.com/)

 

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