REG - Wynnstay Group PLC - Director/PDMR dealings, Award of Options, TVR
11/02/2025 18:45
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RNS Number : 7556W Wynnstay Group PLC 11 February 2025
AIM: WYN
Wynnstay Group plc
("Wynnstay" or the "Company")
Agricultural supplies and services group
Director and PDMR dealing, Award of Options, and Total Voting Rights
Wynnstay, the agricultural supplies group, announces director share dealings
and the exercise of options by a person discharging managerial
responsibilities ("PDMR"), as well as details of the award of options and
total voting rights.
· Director / PDMR share purchase and exercise of options
Alk Brand, Chief Executive Officer, purchased 2,000 ordinary shares of 25p
each in the Company ("Ordinary Shares") on 11 February 2025. Also on 11
February 2025, Claire Williams, Company Secretary, exercised 1,221 options
under the established Wynnstay Performance Share Plan (the "Plan") over
Ordinary Shares in relation to the 2020 Plan. The Ordinary Shares were issued
from the ESOP Trust for nil consideration. Further details are below.
· Award of Options under the Company's 2025 Performance Share Plan
An award of options ("Options") over Ordinary Shares approved under the terms
of the established Wynnstay Performance Share Plan ("PSP") has been made. The
Options offer the recipients the entitlement to acquire a maximum number of
Ordinary Shares ("Award Shares") on or after 31 October 2027 at nil cost,
subject to the Company achieving the following minimum reported performance
criteria:
1. 50% of Award Shares will vest if the Company's earnings per share
("EPS") equals or exceeds a minimum of 39 pence per share.
2. A maximum of 100% of Award Shares will vest if the Company's EPS
equals or exceeds 47 pence per share. A sliding scale will operate between
the minimum and maximum EPS.
The Remuneration Committee has responsibility for determining the award of
Options and the performance targets under the Plan.
The total number of 2025 Award Shares over which the Options have been granted
amounts to 307,460, and included in this grant were the Options awarded to the
following Directors and persons discharging managerial responsibilities:
Maximum number of Award Shares
Name Title
Alk Brand Chief Executive Officer 116,129
Rob Thomas Chief Financial Officer 79,032
Claire Williams Company Secretary 14,529
· Award of Options under the Company's 2023 Performance Share Plan
In addition, the Company announces the award of 6,981 options over Ordinary
Shares approved under the terms of PSP to Claire Williams under the same terms
as those awarded to other Company Executives under the 2023 PSP awards as
announced on 10 February 2023, at which time Claire Williams was on medical
leave.
· Director / PDMR Shareholdings
Following the share purchase, exercise of options and grant of awards as
outlined above, the director/PDMR beneficial holdings and options over the
Company's issued share capital are shown below.
Name Position Beneficial Holding of the Company's issued share capital PSP granted 27 April 2023 PSP granted 12 March 2024 PSP granted 11 February 2025
Steve Ellwood Chairman 4,700 - - -
Howell Richards Non-Executive Director 2,810 - - -
Gareth Davies Non-Executive Director 60,769 27,193* 47,909* -
Alk Brand Chief Executive Officer 7,000 - - 116,129
Rob Thomas Chief Financial Officer 3,500 - 49,352 79,032
Claire Williams Company Secretary 11,778 6,981** 10,432 14,529
*PSP awards granted to Gareth Davies whilst Chief Executive Officer
** PSP award granted to Claire Williams on 11 February 2025 under the same
terms as those awarded to other Company Executives on 10 February 2023, at
which time Claire Williams was on medical leave.
· Total Voting Rights
For the purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules, the total number of Ordinary Shares in issue is 23,127,360
with each share carrying the right to one vote. There are no shares held in
treasury, therefore the total number of voting rights in the Company at
Admission is 23,127,360.
The above figure may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the share capital
of the Company under the Disclosure and Transparency Rules.
The notifications below, made in accordance with Article 19 of the UK Market
Abuse Regulation, provide further detail.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Alk Brand
2 Reason for the notification
a) Position/status CEO
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Wynnstay Group plc
b) LEI 213800TOLA726AITR960
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 25 pence each in the Company
Identification code
GB0034212331
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
Price Volume(s)
314.445 pence 2,000
d) Aggregated information N/A (single transaction)
e) Date of the transactions 11 February 2025
f) Place of the transaction LSE: AIM Market (XLON)
d)
Aggregated information
N/A (single transaction)
e)
Date of the transactions
11 February 2025
f)
Place of the transaction
LSE: AIM Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Claire Alexander Williams
2 Reason for the notification
a) Position/status Company Secretary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Wynnstay Group plc
b) LEI 213800TOLA726AITR960
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 25 pence each in the Company ("Ordinary Shares")
Identification code GB0034212331
b) Nature of the transaction Exercise of Options under the Company's Performance Share Plan
Price(s) Volume(s)
c) Price(s) and volume(s)
Nil 1,221 Ordinary Shares
d) Aggregated information N/A single transaction
- Aggregated volume
- Price
e) Date of the transaction 11/02/2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
11/02/2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) ESOP Trust ESOP Trust
2 Reason for the notification
a) Position/status ESOP Trust
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Wynnstay Group plc
b) LEI 213800TOLA726AITR960
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 25 pence each in the Company ("Ordinary Shares")
Identification code GB0034212331
b) Nature of the transaction Sales of Ordinary shares of 25 pence each in the Company ("Ordinary Shares")
to The Wynnstay Employee Benefit Trust under a Share Supply Agreement between
Wynnstay Group Plc and Fiduchi Trustees Limited
Price(s) Volume(s)
c) Price(s) and volume(s)
£nil 1,221 Ordinary Shares
d) Aggregated information N/A single transaction
- Aggregated volume
- Price
e) Date of the transaction 11/02/2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
11/02/2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Alk Brand
2 Reason for the notification
a) Position/status CEO
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Wynnstay Group plc
b) LEI 213800TOLA726AITR960
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 25 pence each in the Company
Identification code
GB0034212331
b) Nature of the transaction Award of Options under the Company's 2025 Performance Share Plan
c) Price(s) and volume(s)
Price Volume(s)
Nil 116,129
d) Aggregated information N/A (single transaction)
e) Date of the transactions 11 February 2025
f) Place of the transaction LSE: AIM Market (XLON)
d)
Aggregated information
N/A (single transaction)
e)
Date of the transactions
11 February 2025
f)
Place of the transaction
LSE: AIM Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Rob Thomas
2 Reason for the notification
a) Position/status CFO
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Wynnstay Group plc
b) LEI 213800TOLA726AITR960
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 25 pence each in the Company
Identification code
GB0034212331
b) Nature of the transaction Award of Options under the Company's 2025 Performance Share Plan
c) Price(s) and volume(s)
Price Volume(s)
Nil 79,032
d) Aggregated information N/A (single transaction)
e) Date of the transactions 11 February 2025
f) Place of the transaction LSE: AIM Market (XLON)
d)
Aggregated information
N/A (single transaction)
e)
Date of the transactions
11 February 2025
f)
Place of the transaction
LSE: AIM Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Claire Williams
2 Reason for the notification
a) Position/status Company Secretary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Wynnstay Group plc
b) LEI 213800TOLA726AITR960
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 25 pence each in the Company
Identification code
GB0034212331
b) Nature of the transaction Award of Options under the Company's 2025 Performance Share Plan
c) Price(s) and volume(s)
Price Volume(s)
Nil 14,529
d) Aggregated information N/A (single transaction)
e) Date of the transactions 11 February 2025
f) Place of the transaction LSE: AIM Market (XLON)
d)
Aggregated information
N/A (single transaction)
e)
Date of the transactions
11 February 2025
f)
Place of the transaction
LSE: AIM Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Claire Williams
2 Reason for the notification
a) Position/status Company Secretary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Wynnstay Group plc
b) LEI 213800TOLA726AITR960
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 25 pence each in the Company
Identification code
GB0034212331
b) Nature of the transaction Award of Options under the Company's 2023 Performance Share Plan
c) Price(s) and volume(s)
Price Volume(s)
Nil 6,981
d) Aggregated information N/A (single transaction)
e) Date of the transactions 11 February 2025
f) Place of the transaction LSE: AIM Market (XLON)
d)
Aggregated information
N/A (single transaction)
e)
Date of the transactions
11 February 2025
f)
Place of the transaction
LSE: AIM Market (XLON)
For further details please contact:
Wynnstay Group plc Alk Brand, Chief Executive Officer T: 01691 827 142
Rob Thomas, Chief Financial Officer
KTZ Communications Katie Tzouliadis, Robert Morton T: 020 3178 6378
Shore Capital (Nomad and Broker) Stephane Auton/Tom Knibbs (Corporate Advisory) T: 020 7408 4090
Henry Willcocks (Corporate Broking)
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