Director Shareholdings

RNS Number : 3922N

Watkin Jones plc

19 May 2020

 

For immediate release

19 May 2020

Watkin Jones plc

('Watkin Jones' or the 'Company')

Director Shareholdings

Watkin Jones plc (AIM:WJG), the UK's leading developer and manager of residential for rent, with a focus on the Build to Rent and student accommodation sectors , announces that it was today notified that Richard Simpson, Chief Executive Officer, bought 49,186 ordinary shares in the Company on 19 May 2020 at a price of 152.46 pence per share, representing 0.02% of the Company's issued share capital.

Subsequent to this purchase of shares, Richard Simpson now holds 285,510 ordinary shares in the Company, representing 0.11% of the Company's issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Simpson
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watkin Jones plc
b)	LEI	2138009X19O21NU5SG79
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 £0.01 each ISIN: GB00BD6RF223
b)	Nature of the transaction	Acquisition of 49,186 ordinary shares at 1.0p per share
c)	Price(s) and volume(s)	Price No. of shares 152.46p 49,186
d)	Aggregated information - Aggregated  volume - Price	Volume: 49,186 P rice: 152.46p
e)	Date of the transaction	19 May 2020
f)	Place of the transaction	London Stock Exchange, AIM

- Ends -

For further information:

Watkin Jones plc
Richard Simpson, Chief Executive Officer	Tel: [phone]
Phil Byrom, Chief Financial Officer	www.watkinjonesplc.com
Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker)		Tel: [phone]
Mike Bell / Ed Allsopp		www.peelhunt.com
Jefferies Hoare Govett (Joint Corporate Broker)		Tel: [phone]
Max Jones / Will Soutar		www.jefferies.com

Media enquiries:

Buchanan
Henry Harrison-Topham / Richard Oldworth Jamie Hooper / Steph Watson	Tel: [phone]
[e-mail]	www.buchanan.uk.com

Notes to Editors

Watkin Jones is the UK's leading developer and manager of residential for rent, with a focus on the Build to Rent and student accommodation sectors.  The Group has strong relationships with institutional investors, and a reputation for successful, on-time-delivery of high quality developments.  Since 1999, Watkin Jones has delivered 41,000 student beds across 123 sites, making it a key player and leader in the UK purpose-built student accommodation market.  In addition, the Fresh Property Group, the Group's specialist accommodation management company, manages nearly 18,000 student beds and Build to Rent apartments on behalf of its institutional clients.  Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments.  The Group is increasingly expanding its operations into the Build to Rent sector.

The Group's competitive advantage lies in its experienced management team and business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.

Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L.  For additional information please visit www.watkinjonesplc.com

 

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