Issue of Sharesave options and PDMR shareholding

Watkin Jones plc

02 July 2024

 

For immediate release

2 July 2024

Watkin Jones plc

('Watkin Jones' or the 'Company')

Issue of Sharesave options and PDMR shareholding

Watkin Jones announces that on 1 July 2024, the Company granted options ("Options") over 582,534 ordinary shares pursuant to the Watkin Jones plc Sharesave Scheme.

The Options have a contract start date of 1 August 2024 and normally vest and become exercisable on completion of the three year savings period. The exercise price, which was set in accordance with HM Revenue & Customs rules, is 39.07 pence per ordinary share.

Within the Options described above, Options over 23,739 ordinary shares were granted to Alex Pease, Chief Executive Officer. The Notification of Dealing Form provided in accordance with the requirements of MAR in relation to this transaction is set out below.

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	Alex Pease
2	Reason for the notification
a)	Position/status	Executive Director/PDMR
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	Grant of SAYE options
c)	Price(s) and volume(s)	Price No. of shares 39.07p 23,739
d)	Aggregated information - Aggregated      volume - Price	N/A
e)	Date of the transaction	1 July 2024
f)	Place of the transaction	Outside of a trading venue

- Ends -

Watkin Jones plc
Alex Pease, Chief Executive Officer	Tel: [phone]
Simon Jones, 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]
James Umbers /David Sheehan/Paul Bundred		www.jefferies.com

Media enquiries:

Burson Buchanan
Henry Harrison-Topham / Steph Whitmore	Tel: [phone]
[e-mail]	www.buchanan.uk.com

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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