REG - Watkin Jones plc - Director Shareholdings

Watkin JonesAnnouncement

19/05/2020 16:35

RNS Number : 3922N
  
Watkin Jones plc
  
19 May 2020
  
 





For immediate release


19 May 2020




 
 
Watkin Jones plc
('Watkin Jones' or the 'Company')
 
Director Shareholdings
 
Watkin Jones plc (AIM:WJG), the UK's leading developer and manager of residential for rent, with a focus on the Build to Rent and student accommodation sectors, announces that it was today notified that Richard Simpson, Chief Executive Officer, bought 49,186 ordinary shares in the Company on 19 May 2020 at a price of 152.46 pence per share, representing 0.02% of the Company's issued share capital.
Subsequent to this purchase of shares, Richard Simpson now holds 285,510 ordinary shares in the Company, representing 0.11% 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


Richard Simpson
 




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
Identification code


Ordinary Shares of £0.01 each
 
 
ISIN: GB00BD6RF223




b)


Nature of the transaction


Acquisition of 49,186 ordinary shares at 1.0p per share




c)


Price(s) and volume(s)






Price


No. of shares




152.46p


49,186




 




d)


Aggregated information
- Aggregated      volume
- Price


 
 
Volume: 49,186
Price: 152.46p
 




e)


Date of the transaction


19 May 2020




f)


Place of the transaction


London Stock Exchange, AIM




 
- Ends -
 
For further information:




Watkin Jones plc


 




Richard Simpson, Chief Executive Officer


Tel: +44 (0) 1248 362 516




Phil Byrom, Chief Financial Officer


www.watkinjonesplc.com




 


 




Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker)


Tel: +44 (0) 20 7418 8900




Mike Bell / Ed Allsopp


www.peelhunt.com




 


 




Jefferies Hoare Govett (Joint Corporate Broker)


Tel: +44 (0) 20 7029 8000




Max Jones / Will Soutar


www.jefferies.com




 


 


 




 
Media enquiries:




Buchanan


 




Henry Harrison-Topham / Richard Oldworth
Jamie Hooper / Steph Watson


 
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 and student accommodation 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 41,000 student beds across 123 sites, making it a key player and leader in the UK purpose-built student accommodation market.  In addition, the Fresh Property Group, the Group's specialist accommodation management company, manages nearly 18,000 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 is increasingly expanding its operations into the Build to Rent sector.
 
The Group's competitive advantage lies in its experienced management team and 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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