REG - Wynnstay Group PLC - Scrip dividend election, PDMR Dealing, TVR

WynnstayAnnouncement

31/10/2024 07:00

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RNS Number : 2943K  Wynnstay Group PLC  31 October 2024

 

AIM: WYN

Wynnstay Group plc

(the "Company")

 

Scrip dividend election, PDMR dealing and Total Voting Rights

 

The Company announces that elections to accept the scrip dividend alternative
with regard to the interim dividend of 5.6p per share for the year ended 31
October 2024, paid on 31 October 2024, were received from the holders of
2,876,468 ordinary shares of 25p each in the Company ("Ordinary Shares") in
aggregate. This represents approximately 12.5% of the Ordinary Shares in issue
on 27 September 2024, being the record date for the interim dividend.
Accordingly, 49,943 new Ordinary Shares have been issued in satisfaction of
such elections at an equivalent price of £3.23 each. The additional cost to
the Company of the dividend paid in cash amounts to approximately £1,131,265
in total.

 

In the issue, as set out in the dealing notifications below, two persons
discharging managerial responsibilities ("PDMRs") of the Company received new
Ordinary Shares in lieu of cash dividends. Following these transactions,
Gareth Davies has a total beneficial interest in 60,769 Ordinary Shares
representing 0.3% of the enlarged issued share capital of the Company. Claire
Williams holds 10,557 Ordinary Shares representing less than 0.1%.

 

Application has been made for the new Ordinary Shares to be admitted to
trading on AIM. Dealings are expected to commence on 1 November 2024.

 

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 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 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.

 

Dealing notification forms for use by persons discharging managerial
responsibilities and their closely associated persons

 

 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  Ordinary shares in the Company

      Identification code

                                                                   GB0034212331
 b)   Nature of the transaction                                    Scrip dividend election
 c)   Price(s) and volume(s)

Price    Volume(s)

                                                                   £3.23    1,036 shares
 d)   Aggregated information                                       N/A (single transaction)
 e)   Date of the transactions                                     31 October 2024
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A (single transaction)

e)

Date of the transactions

31 October 2024

f)

Place of the transaction

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Mrs C.A. 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 in the Company

      Identification code

                                                                   GB0034212331

 b)   Nature of the transaction                                    Scrip dividend election
 c)   Price(s) and volume(s)

Price    Volume(s)

                                                                   £3.23    124 shares
 d)   Aggregated information                                       N/A (single transaction)
 e)   Date of the transactions                                     31 October 2024
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A (single transaction)

e)

Date of the transactions

31 October 2024

f)

Place of the transaction

Outside a trading venue

 

For further details please contact:

 

 Wynnstay Group plc                  Alk Brand, Chief Executive                                           T: 01691 827118

                                     Rob Thomas, Chief Financial Officer

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

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

                                     Henry Wilcocks (Corporate Broking)

 

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