Regulatory Story
Go to market news section View chart   Print
RNS
Wynnstay Group PLC  -  WYN   

Scrip dividend election & PDMR dealing

Released 17:39 30-Apr-2018

RNS Number : 6501M
Wynnstay Group PLC
30 April 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 final dividend for the year ended 31 October 2017 paid on 30 April 2018 were received from the holders of 3,020,434 ordinary shares of 25p each in the Company ("Ordinary Shares"), in aggregate, representing approximately 15.4% of the Ordinary Shares in issue on 3 April 2018, being the record date for the interim dividend. Accordingly, 61,670 new Ordinary Shares have been issued in satisfaction of such elections at an equivalent price of £4.120 each, increasing the enlarged issued Ordinary Share capital of the Company to 19,745,864 Ordinary Shares. The additional cost to the Company of the dividend paid in cash amounts to approximately £1,399,026 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 4 May 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 19,745,864 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 19,745,864.

 

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)

 

£4.120

 

419 shares

 

 

d)

 

Aggregated information

 

 

N/A (single transaction)

e)

 

Date of the transactions

 

 

30 April 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)

 

£4.120

 

20 shares

 

 

d)

 

Aggregated information

 

 

N/A (single transaction)

e)

 

Date of the transactions

 

 

30 April 2018

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

For further details please contact:

 

Wynnstay Group plc

Ken Greetham, 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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHBLGDSIXXBGIG
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Scrip dividend election & PDMR dealing - RNS