REG - Wynnstay Group PLC - Exercise of options, PDMR Transactions and TVR
02/03/2023 14:30
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RNS Number : 7154R Wynnstay Group PLC 02 March 2023
AIM: WYN
Wynnstay Group plc
("Wynnstay" or "the Company")
Exercise of Options, PDMR Transactions and Total Voting Rights
Wynnstay, the agricultural supplies group, announces the allotment of 141,766
new ordinary shares of 25p each in the Company ("Ordinary Shares"), which have
been issued in satisfaction of eligible exercises and anticipated exercises of
share options under the Company's Performance Share Plan ("PSP"), a long-term
incentive scheme, at an exercise price of £nil per Ordinary Share. A total of
68,441 Ordinary Shares have been issued to eligible participants in the scheme
following the satisfaction of the PSP performance conditions, and 73,325
Ordinary Shares issued to the Company's Employee Benefit Trust ("ESOP") in
anticipation of future deferred exercises of options under the same scheme.
Application has been made for the new Ordinary Shares to be admitted to
trading on AIM, and dealings are expected to commence on 3 March 2023.
Under the issue, as set out in the dealing notifications below, two Executive
Directors of the Company, being Gareth Davies, Chief Executive Officer, and
Paul Roberts, Finance Director, received new Ordinary Shares. Gareth Davies,
Chief Executive Officer, received 13,948 Ordinary Shares and subsequently sold
6,974 Ordinary Shares at price of 531 pence per Ordinary Share. Paul Roberts,
Finance Director, received 11,159 Ordinary Shares and subsequently sold 11,159
Ordinary Shares at a price of 531 pence per Ordinary Share.
Following these transactions, Gareth Davies, Chief Executive Officer, has a
total beneficial interest in 47,087 Ordinary Shares, representing 0.2% of the
issued share capital of the Company, and Paul Roberts, Finance Director has a
total beneficial interest in 98,998 Ordinary Shares, representing 0.4% of the
issued share capital of the Company.
In addition, certain employees, excluding the Executive Directors, sold 36,884
Ordinary Shares to the Company's ESOP Trust at a price of 531 pence per
Ordinary Share. Following the allotment and purchase, the ESOP Trust has a
total interest in 127,043 Ordinary Shares, representing 0.6% of the issued
share capital of the Company.
Following these transactions and for the purposes of the Financial Conduct
Authority's Disclosure and Transparency Rules, the total number of Ordinary
Shares in issue will be 22,482,214 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 will be 22,482,214.
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.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Gareth Wynn Davies
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 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 (1) Exercise of Options to receive Ordinary Shares
(2) Sale of Ordinary Shares
Price(s) Volume(s)
c) Price(s) and volume(s)
0pence per share 13,948 Ordinary Shares
Price(s) Volume(s)
531 pence per share 6,974 Ordinary Shares
d) Aggregated information
- Aggregated volume
N/A (single transactions)
- Price
e) Date of the transactions 02/03/2023
f) Place of the transaction (1) Outside of a trading venue.
(2) XLON
Price(s) Volume(s)
531 pence per share 6,974 Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
N/A (single transactions)
e)
Date of the transactions
02/03/2023
f)
Place of the transaction
(1) Outside of a trading venue.
(2) XLON
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Bryan Paul Roberts
2 Reason for the notification
a) Position/status Finance Director
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 (1) Exercise of Options to receive Ordinary Shares
(2) Sale of Ordinary Shares
Price(s) Volume(s)
c) Price(s) and volume(s)
0pence per share 11,159 Ordinary Shares
Price(s) Volume(s)
531 pence per share 11,159 Ordinary Shares
d) Aggregated information
- Aggregated volume
N/A (single transactions)
- Price
e) Date of the transactions 02/03/2023
f) Place of the transactions (1) Outside of a trading venue.
(2) XLON
Price(s) Volume(s)
531 pence per share 11,159 Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
N/A (single transactions)
e)
Date of the transactions
02/03/2023
f)
Place of the transactions
(1) Outside of a trading venue.
(2) XLON
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Wynnstay ESOP Trust (the "ESOP")
2 Reason for the notification
a) Position/status Gareth Davies and Paul Roberts, both directors of the Company, are trustees of
the ESOP
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 (1) Allotment of new Ordinary Shares
(2) Purchase of Shares
Price(s) Volume(s)
c) Price(s) and volume(s)
0pence per share 73,325 Ordinary Shares
Price(s) Volume(s)
531 pence per share 36,884 Ordinary Shares
d) Aggregated information
- Aggregated volume
N/A (single transactions)
- Price
e) Date of the transactions 02/03/2023
f) Place of the transactions (1) Outside of a trading venue.
(2) Outside of a trading venue.
Price(s) Volume(s)
531 pence per share 36,884 Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
N/A (single transactions)
e)
Date of the transactions
02/03/2023
f)
Place of the transactions
(1) Outside of a trading venue.
(2) Outside of a trading venue.
Enquiries:
Wynnstay Group plc Gareth Davies, Chief Executive T: 01691 827 142
Paul Roberts, Finance Director
KTZ Communications Katie Tzouliadis / Robert Morton / Dan Mahoney T: 020 3178 6378
Shore Capital (Nomad) Stephane Auton / John More / Rachel Goldstein T: 020 7408 4090
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