Director/PDMR Shareholding

RNS Number : 1374H

Synectics PLC

04 April 2022

 

RNS	4 April 2022

Synectics plc

("Synectics" or the "Company")

Director/PDMR dealings

Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, has been notified that on 1 April 2022, the Trustee of the Company's HMRC Approved Employee Share Acquisition Plan ("ESAP") purchased a total of 16,180 ordinary shares of 20 pence each in the Company ("Ordinary Shares") at an average price of £1.38725 per share in accordance with the ESAP's rules and on behalf of all ESAP participants, in respect of the six-month accumulation period ended on 31 March 2022.

Under the terms of the ESAP, participating members, including employees and certain Directors of the Company, contribute a fixed amount to the Trustee on a monthly basis. The Trustee acquires a number of shares at the end of the six-month accumulation period (the "Period") based upon the contributions made in the Period and determined by the lowest share price at either the beginning of the Period or on the date of purchase. In this instance, the share price used for the allocation of the number of shares for ESAP purposes was the price per share at the beginning of the Period which was £1.04.

As a result of this purchase, the Company has been notified that the following Executive Directors and PDMRs have acquired the following interests in Ordinary Shares:

Name	Position	Status	Number of Ordinary Shares purchased by the Trustee
Paul Webb	Chief Executive	Executive Director	865
David Bedford	Finance Director	Executive Director	865
Greg Alcorn	Divisional Director	PDMR	866

Following these purchases, the interests of Messrs Webb, Bedford and Alcorn in the shares of the Company are as follows:

Name	Number of Ordinary Shares Held	Interest in Ordinary Shares in Share Schemes	Resultant Total Interest	% of Issued Share Capital
Paul Webb	57,115	512,192	569,307	3.20%
David Bedford	20,000	187,722	207,722	1.17%
Greg Alcorn	-	26,521	26,521	0.15%

For further information, please contact:

Synectics plc	Tel: [phone]
Claire Stewart, Company Secretary
email: [e-mail]	www.synecticsplc.com
Shore Capital	Tel: [phone]
Tom Griffiths / David Coaten

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About Synectics plc

Synectics (AIM: SNX) is a leader in the design, integration and support of advanced security and surveillance systems that enable clients around the world to protect their people, communities, and assets.

Founded over 30 years ago, Synectics has deep industry experience across gaming, energy, urban transport, public space and critical infrastructure projects. The Group's expert engineering teams work in partnership with customers to create integrated product and technology solutions, proven in the most complex and demanding operating environments.

Find out more at www.synecticsplc.com

 

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