REG - Wynnstay Group PLC - Scrip dividend, PDMR dealing, TVR

WynnstayAnnouncement

31/10/2023 10:30

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RNS Number : 8673R  Wynnstay Group PLC  31 October 2023

AIM: WYN

Wynnstay Group plc

(the "Company")

 

Scrip dividend election, PDMR dealing and total shares in issue

 

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 5.5p per share for the year ended 31 October 2023 paid on 31
October 2023 were received from the holders of 2,804,248 ordinary shares of
25p each in the Company ("Ordinary Shares") in aggregate. This represents
approximately 12.2% of the Ordinary Shares in issue on 29 September 2023,
being the record date for the interim dividend. Accordingly, 38,809 new
Ordinary Shares have been issued in satisfaction of such elections at an
equivalent price of £3.98 each, increasing the enlarged issued Ordinary Share
capital of the Company to 22,955,163 Ordinary Shares. The additional cost to
the Company of the dividend paid in cash amounts to approximately £1,106,208
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 50,143
Ordinary Shares representing 0.2% of the enlarged issued share capital of the
Company. Claire Williams holds 3,258 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 3 November 2023.

 

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 22,955,163 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 22,955,163.

 

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                                              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)

                                                                   £3.9800    682 shares
 d)   Aggregated information                                       N/A (single transaction)
 e)   Date of the transactions                                     31 October 2023
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A (single transaction)

e)

Date of the transactions

31 October 2023

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)

                                                                   £3.9800    36 shares
 d)   Aggregated information                                       N/A (single transaction)
 e)   Date of the transactions                                     31 October 2023
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

N/A (single transaction)

e)

Date of the transactions

31 October 2023

f)

Place of the transaction

Outside a trading venue

 

For further details please contact:

 

 Wynnstay Group plc                Gareth Davies, Chief Executive                  T: 01691 827142

                                   Paul Roberts, Finance Director

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

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

 

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