REG - Wynnstay Group PLC - Scrip dividend election

WynnstayAnnouncement

30/04/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240430:nRSd4696Ma&default-theme=true

RNS Number : 4696M  Wynnstay Group PLC  30 April 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 final dividend of 11.75p per share for the year ended 31
October 2023, paid on 30 April 2024, were received from the holders of
2,770,435 ordinary shares of 25p each in the Company ("Ordinary Shares") in
aggregate. This represents approximately 12.1% of the Ordinary Shares in issue
on 2 April 2024, being the record date for the final dividend. Accordingly,
90,837 new Ordinary Shares have been issued in satisfaction of such elections
at an equivalent price of £3.585 each. The additional cost to the Company of
the dividend paid in cash amounts to approximately £2,375,420 in total.

 

In the issue, as set out in the dealing notifications below, two PDMRs of the
Company received new Ordinary Shares in lieu of cash dividends. Following
these transactions, Gareth Davies has a total beneficial interest in 59,733
Ordinary Shares representing 0.3% of the enlarged issued share capital of the
Company. Claire Williams holds 7,149 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 7 May 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 23,077,417 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 23,077,417.

 

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 G.W. 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 in the Company

      Identification code

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

Price      Volume(s)

                                                                    £3.585     1,896 shares
 d)   Aggregated information                                       N/A (single transaction)
 e)   Date of the transactions                                     30 April 2024
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A (single transaction)

e)

Date of the transactions

30 April 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)
                                                                   £3.585    227 shares
 d)   Aggregated information                                       N/A (single transaction)
 e)   Date of the transactions                                     30 April 2024
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A (single transaction)

e)

Date of the transactions

30 April 2024

f)

Place of the transaction

Outside a trading venue

 

For further details 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 Wilcocks (Corporate Broking)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHQKCBQPBKDAQB