REG - Wynnstay Group PLC - Scrip dividend election and PDMR dealing

WynnstayAnnouncement

01/11/2018 07:05

RNS Number : 9464F
Wynnstay Group PLC
01 November 2018
 


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 for the year ended 31 October 2018 paid on 31 October 2018 were received from the holders of 2,693,883 ordinary shares of 25p each in the Company ("Ordinary Shares"), in aggregate, representing approximately 13.65% of the Ordinary Shares in issue on 28 September 2018, being the record date for the interim dividend. Accordingly, 25,932 new Ordinary Shares have been issued in satisfaction of such elections at an equivalent price of £4.572 each, increasing the enlarged issued Ordinary Share capital of the Company to 19,771,796 Ordinary Shares. The additional cost to the Company of the dividend paid in cash amounts to approximately £751,993 in total.
 
In the issue, as set out in the dealing notifications below, two 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 7 November 2018.
 
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 19,771,796 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 19,771,796.
 
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)




 
£4.572


 
202 shares



 
 




d)
 


Aggregated information
 
 


N/A (single transaction)




e)
 


Date of the transactions
 
 


31 October 2018




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)




 
£4.572


 
10 shares



 
 




d)
 


Aggregated information
 
 


N/A (single transaction)




e)
 


Date of the transactions
 
 


31 October 2018




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


T: 020 3178 6378


















Shore Capital (Nomad)


Stephane Auton / Patrick Castle


T: 020 7408 4090



 




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