REG - Wynnstay Group PLC - Employee SAYE Scheme and Directors' Dealings

WynnstayAnnouncement

02/08/2022 07:00

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RNS Number : 5262U  Wynnstay Group PLC  02 August 2022

2 August 2022

AIM: WYN

 

 

Wynnstay Group plc

("the Company")

 

Employee Save As You Earn Scheme and Directors' Dealings

 

The Company announces that it has issued new invitations under an established
Save As You Earn (the "SAYE Scheme"). The SAYE Scheme is approved by H.M.
Revenue and Customs.

 

Pursuant to the SAYE Scheme, certain employees have chosen to participate
resulting in them receiving options to subscribe for a total of up to 142,710
ordinary shares of 25 pence each in the Company ("SAYE Options") at a price of
550 pence per share. Included in this total of SAYE Options, the following
person discharging management responsibility (PDMR) was granted SAYE Options
on 1 August 2022 as set out below:

 

 Name                       Position           Number of SAYE Options
 Claire Alexander Williams  Company Secretary  654

 

 

Subject to certain conditions being satisfied, the entitlement to exercise the
SAYE Options arises during the period August 2025 to February 2026.
Participants who choose to exercise their entitlements pursuant to the rules
of the SAYE Scheme will meet the obligation to pay for the exercise of the
SAYE Options out of funds they have paid into the SAYE Scheme prior to such
exercise. Participants in the SAYE Scheme may opt to withdraw from the SAYE
Scheme, recovering paid-in funds, prior to that time.

 

For the purpose of the FCA disclosure requirements under the Market Abuse
Regime, the following additional information is relevant to this announcement:

 

1)    The SAYE Options are options to acquire ordinary shares of 25 pence
each in the Company under the identification code GB0034212331.

2)    The Legal Entity Identifier for Wynnstay Group plc is
213800TOLA726AITR960.

3)    The grant of the SAYE Options occurred outside a trading venue.

4)    This announcement is an initial notification.

 

For further enquiries please contact:

 

 Wynnstay Group plc     Gareth Wynn Davies, CEO          T: 01691 827118

                        Paul Roberts, Finance Director

 KTZ Communication      Katie Tzouliadis / Dan Mahoney   T: 020 3178 6378

 Shore Capital (Nomad)  John Moore / Stephane Auton      T: 020 7408 4090

 

 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                                    Grant of options under the Company's Save as You Earn Scheme
 c)   Price(s) and volume(s)

Price  Volume(s)

                                                                   Nil    654 shares
 d)   Aggregated information                                       N/A (single transaction)
 e)   Date of the transactions                                     1 August 2022
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A (single transaction)

e)

Date of the transactions

1 August 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

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