REG - Wynnstay Group PLC - Scrip Dividend Election and PDMR Dealing
RNS Number : 6508DWynnstay Group PLC30 October 202030 October 2020
AIM: WYN
Wynnstay Group plc
(the "Company")
Scrip Dividend Election and PDMR Dealing
The Company announces the following information in relation to the ordinary share capital of the Company:
Elections to accept the scrip dividend alternative with regard to the interim dividend of 4.6p per share for the year ended 31 October 2020 paid on 30 October 2020 were received from the holders of 3,018,764 ordinary shares of 25p each in the Company ("Ordinary Shares") in aggregate. This represents approximately 15.1% of the Ordinary Shares in issue on 25 September 2020, being the record date for the interim dividend. Accordingly, 43,471 new Ordinary Shares have been issued in satisfaction of such elections at an equivalent price of £3.182 each, increasing the enlarged issued Ordinary Share capital of the Company to 20,051,043 Ordinary Shares. The additional cost to the Company of the dividend paid in cash amounts to approximately £781,493 in total.
In the issue, as set out in the dealing notifications below, three directors of the Company received new Ordinary Shares in lieu of cash dividends.
Application has been made for the new Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence on 6 November 2020.
Following the above transactions and for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue as at the date of this notice is 20,051,043 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 is 20,051,043.
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.
Dealing notification forms for use by persons discharging managerial responsibility and their closely associated persons
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mr D.A.T. Evans
2
Reason for the notification
a)
Position/status
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
Identification code
Ordinary shares in the Company
GB0034212331
b)
Nature of the transaction
Scrip dividend election
c)
Price(s) and volume(s)
Price
Volume(s)
£3.182
333 shares
d)
Aggregated information
N/A (single transaction)
e)
Date of the transactions
30 October 2020
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mr P.M. Kirkham
2
Reason for the notification
a)
Position/status
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
Identification code
Ordinary shares in the Company
GB0034212331
b)
Nature of the transaction
Scrip dividend election
c)
Price(s) and volume(s)
Price
Volume(s)
£3.182
16 shares
d)
Aggregated information
N/A (single transaction)
e)
Date of the transactions
30 October 2020
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mr G.W. Davies
2
Reason for the notification
a)
Position/status
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
Identification code
Ordinary shares in the Company
GB0034212331
b)
Nature of the transaction
Scrip dividend election
c)
Price(s) and volume(s)
Price
Volume(s)
£3.182
453 shares
d)
Aggregated information
N/A (single transaction)
e)
Date of the transactions
30 October 2020
f)
Place of the transaction
Outside a trading venue
For further details please contact:
Wynnstay Group plc
Gareth Davies, Chief Executive
Paul Roberts, Finance Director
T: 01691 827142
KTZ Communication
Katie Tzouliadis / Dan Mahoney
T: 020 3178 6378
Shore Capital (Nomad)
Stephane Auton / Patrick Castle
John More
T: 020 7408 4090
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