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REG - Watkin Jones plc - Issue of Sharesave options and PDMR shareholding

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RNS Number : 7984U  Watkin Jones plc  02 July 2024

 For immediate release  2 July 2024

 

Watkin Jones plc

('Watkin Jones' or the 'Company')

 

 

Issue of Sharesave options and PDMR shareholding

 

Watkin Jones announces that on 1 July 2024, the Company granted options
("Options") over 582,534 ordinary shares pursuant to the Watkin Jones plc
Sharesave Scheme.

 

The Options have a contract start date of 1 August 2024 and normally vest and
become exercisable on completion of the three year savings period. The
exercise price, which was set in accordance with HM Revenue & Customs
rules, is 39.07 pence per ordinary share.

 

Within the Options described above, Options over 23,739 ordinary shares were
granted to Alex Pease, Chief Executive Officer. The Notification of Dealing
Form provided in accordance with the requirements of MAR in relation to this
transaction is set out below.

 

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                                                         Alex Pease

 2    Reason for the notification
 a)   Position/status                                              Executive Director/PDMR

 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 SAYE options
 c)   Price(s) and volume(s)                                       Price   No. of shares
                                                                   39.07p  23,739
 d)   Aggregated information

      - Aggregated      volume                                     N/A

      - Price
 e)   Date of the transaction                                      1 July 2024
 f)   Place of the transaction                                      Outside of a trading venue

d)

Aggregated information

- Aggregated      volume

- Price

 

N/A

 

e)

Date of the transaction

1 July 2024

f)

Place of the transaction

 Outside of a trading venue

 

- Ends -

 

 Watkin Jones plc
 Alex Pease, Chief Executive Officer   Tel: +44 (0) 20 3617 4453
 Simon Jones, 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:

 Burson Buchanan
 Henry Harrison-Topham / Steph Whitmore

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

 

 

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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