REG - Wynnstay Properties - Transaction in Own Shares

Wynnstay PropertiesAnnouncement

05/09/2022 12:30

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RNS Number : 2983Y  Wynnstay Properties PLC  05 September 2022

The information communicated within this announcement is deemed to constitute
inside information for the purposes of the Market Abuse Regulation (EU) No.
596/2014 as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018. Upon the publication of this announcement, this
information is considered to be in the public domain.

 

 

WYNNSTAY PROPERTIES PLC

 ("Wynnstay" or the "Company")

Purchase by the Company of Ordinary Shares

 

5 September 2022

 

Wynnstay (AIM:WSP) announces that, pursuant to the authority approved at the
General Meeting held on 19 July 2022, it has today purchased 15,000 of its
Ordinary Shares of 25 pence at 710 pence per share (the "Transaction").  The
shares purchased will be held in Treasury.

Following the Transaction, the unchanged holding of Mr Philip Collins and his
immediate family (the "Concert Party") of 912,590 Ordinary Shares, now
represents 33.84% of the Company's issued share capital. Pursuant to the
waiver granted by the Takeover Panel and approved by shareholders (excluding
the Concert Party) at the General Meeting held on 19 July 2022, there is no
obligation on the Concert Party to make an offer under Rule 9 or Rule 37 of
the City Code on Takeovers and Mergers.

The Company's issued share capital consists of 3,155,267 Ordinary Shares of
25p each. Following the Transaction, the number of Ordinary Shares now held in
Treasury is 458,650. Therefore the total number of voting rights in the
Company is 2,696,617, which may be used by shareholders as the denominator for
the calculation by which they will determine if they are required to notify
their interest, or a change in their interest, in the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

For further information please contact:

Wynnstay Properties plc

Philip Collins (Chairman)

020 7554 8766

WH Ireland Limited (Nominated Adviser and Broker):

Chris Hardie, Ben Thorne, Megan Liddell

020 7220 1666

 

LEI number: 2138006MASI24JYW5076.

ISIN: GB0009842898.

For more information on Wynnstay visit: www.wynnstayproperties.co.uk
(http://www.wynnstayproperties.co.uk) .

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