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Wynnstay Group PLC  -  WYN   

Exercise of Options and PDMR Transactions

Released 11:21 06-Mar-2018

RNS Number : 8400G
Wynnstay Group PLC
06 March 2018
 

     

Wynnstay Group plc

("Wynnstay" or "the Company")

 

Exercise of Options & PDMR Transactions

 

Wynnstay, the agricultural and retail group, announces that options to subscribe for 9,877 ordinary shares of 25 each in the Company ("Ordinary Shares"), which were issued under the Company's Save As You Earn Scheme, have been exercised by certain employees of the Company (the "Options").

 

Pursuant to the exercise of the Options, an application has been made to the London Stock Exchange for 9,877 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8am on 12 March 2018. The Option exercise price was 340 pence per Ordinary Share.

 

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 Admission will be 19,675,255 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 at Admission will be 19,675,255.

 

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.

 

The Company also announces that the Wynnstay ESOP Trust (the "ESOP") has today acquired 2,229 ordinary shares of 25 pence each in the Company ("Ordinary Shares) from employees of the Company at a price of 460 pence per Ordinary Share.

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the acquisition of these Ordinary Shares by the ESOP. K.R Greetham and B.P. Roberts, both directors of the Company, are trustees of the Wynnstay ESOP.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Wynnstay ESOP Trust (the "ESOP")

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Ken Greetham and Paul Roberts, both directors of the Company, are trustees of the ESOP

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 of 25 pence each in the Company ("Ordinary Shares")

 

GB0034212331

 

b)

 

Nature of the transaction

 

Purchase of Ordinary Shares

 

 

 

 

 

c)

 

 

 

 

Price(s) and volume(s)

 

 

 

 

Price(s)

 

Volume(s)

 

460.0 pence per share

 

2,229 Ordinary Shares

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

N/A (single transaction)

 

e)

 

Date of the transaction

 

06/03/2018

f)

 

Place of the transaction

 

 

Outside of a trading venue.

 

Enquiries:

 

Wynnstay Group plc

Ken Greetham, Chief Executive

Paul Roberts, Finance Director

T: 01691 827 142

 




KTZ Communications

Katie Tzouliadis

T: 020 3178 6378




Shore Capital (Nomad)

Stephane Auton / Patrick Castle

T: 020 7408 4090

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Exercise of Options and PDMR Transactions - RNS