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

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RNS Number : 0656P  Watkin Jones plc  01 July 2025

      1 July 2025

 

Watkin Jones plc

('Watkin Jones' or the 'Company')

 

Issue of Sharesave options and PDMR shareholdings

 

Watkin Jones announces that on 27 June 2025, the Company granted options
("Options") over 4,399,277 ordinary shares pursuant to the Watkin Jones plc
Sharesave Scheme.

 

The Options have a contract start date of 1 August 2025 and normally vest and
become exercisable on completion of the three or five year savings period. The
exercise price, which was set in accordance with HM Revenue & Customs
rules, is 23.35 pence per ordinary share.

 

Within the Options described above, Options over 39,293 ordinary shares were
granted to Alex Pease, Chief Executive Officer and 78,586 to Simon Jones,
Chief Financial Officer. The Notification of Dealing Forms provided in
accordance with the requirements of MAR in relation to the transactions are
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
                                                                  23.35  39,293
 d)  Aggregated information

                                                                  N/A

     -Aggregated volume

     -Price
 e)  Date of the transaction                                      27 June 2025
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

N/A

e)

Date of the transaction

27 June 2025

f)

Place of the transaction

Outside of a trading venue

 

 

 

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                                                         Simon Jones

 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
                                                                  23.35  78,586
 d)  Aggregated information

                                                                  N/A

     -Aggregated volume

     -Price
 e)  Date of the transaction                                      27 June 2025
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

N/A

e)

Date of the transaction

27 June 2025

f)

Place of the transaction

Outside of a trading venue

 

 

 

- 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
 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

 Media enquiries:
 MHP Group (Watkin Jones)                                        Tel: +44 (0) 7770 753544
 Reg Hoare, Rachel Farrington, Charles Hirst                     www.watkinjones@mhpgroup.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 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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