REG - Wynnstay Group PLC - Grant of Options and PDMR Dealings

WynnstayAnnouncement

12/03/2024 13:15

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RNS Number : 5562G  Wynnstay Group PLC  12 March 2024

Wynnstay Group plc

("the Company")

 

Grant of Options under the Employee Save As You Earn Scheme and PDMR Dealings

 

Following new invitations to participate in the Company's established Save As
You Earn Scheme, which is approved by H.M. Revenue and Customs (the "SAYE
Scheme"), the Company provides the following update.

 

Pursuant to the SAYE Scheme, certain employees have elected to participate,
resulting in options over a total of 150,506 ordinary shares of 25 pence each
in the Company ("SAYE Options") being granted on 12 March 2024 at a price of
320 pence per share, being calculated in accordance with the rules of the SAYE
Scheme.

 

The following persons discharging management responsibility ("PDMRs") have
elected to participate in the SAYE Scheme and their SAYE Options are included
in the total figures above.

 

 Name                       Position           Number of SAYE Options
 Gareth Wynn Davies         CEO                1,091
 Claire Alexander Williams  Company Secretary  1,428

 

 

Subject to the rules of the SAYE Scheme, the SAYE Options are exercisable
between April 2027 to September 2027. The exercise of the SAYE Options is not
dependent upon the satisfaction of performance criteria. 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.

 

The notifications below, made in accordance with Article 19 of the UK Market
Abuse Regulation, provide further detail.

 

For further enquiries please contact:

 

 Wynnstay Group plc     Steve Ellwood, Executive Chairman                                   T: 01691 827118

                        Rob Thomas, Group Finance Director

 KTZ Communication      Katie Tzouliadis / Robert Morton                                    T: 020 3178 6378

 Shore Capital (Nomad)  Stephane Auton/ Tom Knibbs / Rachel Goldstein (Corporate Advisory)  T: 020 7408 4090

                        Henry Willcocks (Corporate Broking)

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Gareth Wynn Davies
 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 ("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    1,091 shares
 d)   Aggregated information                                       N/A (single transaction)
 e)   Date of the transactions                                     12 March 2024
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A (single transaction)

e)

Date of the transactions

12 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 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    1,428 shares
 d)   Aggregated information                                       N/A (single transaction)
 e)   Date of the transactions                                     12 March 2024
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A (single transaction)

e)

Date of the transactions

12 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

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