Employee SAYE Scheme and Directors' Dealings

RNS Number : 5262U

Wynnstay Group PLC

02 August 2022

 

2 August 2022

AIM: WYN

Wynnstay Group plc

("the Company")

Employee Save As You Earn Scheme and Directors' Dealings

The Company announces that it has issued new invitations under an established Save As You Earn (the "SAYE Scheme"). The SAYE Scheme is approved by H.M. Revenue and Customs.

Pursuant to the SAYE Scheme, certain employees have chosen to participate resulting in them receiving options to subscribe for a total of up to 142,710 ordinary shares of 25 pence each in the Company ("SAYE Options") at a price of 550 pence per share. Included in this total of SAYE Options, the following person discharging management responsibility (PDMR) was granted SAYE Options on 1 August 2022 as set out below:

Name	Position	Number of SAYE Options
Claire Alexander Williams	Company Secretary	654

Subject to certain conditions being satisfied, the entitlement to exercise the SAYE Options arises during the period August 2025 to February 2026. Participants who choose to exercise their entitlements pursuant to the rules of the SAYE Scheme will meet the obligation to pay for the exercise of the SAYE Options out of funds they have paid into the SAYE Scheme prior to such exercise. Participants in the SAYE Scheme may opt to withdraw from the SAYE Scheme, recovering paid-in funds, prior to that time.

For the purpose of the FCA disclosure requirements under the Market Abuse Regime, the following additional information is relevant to this announcement:

1)  The SAYE Options are options to acquire ordinary shares of 25 pence each in the Company under the identification code GB0034212331.

2)  The Legal Entity Identifier for Wynnstay Group plc is 213800TOLA726AITR960.

3)  The grant of the SAYE Options occurred outside a trading venue.

4)  This announcement is an initial notification.

For further enquiries please contact:

Wynnstay Group plc	Gareth Wynn Davies, CEO Paul Roberts, Finance Director	T: 01691 827118
KTZ Communication	Katie Tzouliadis / Dan Mahoney	T: 020 3178 6378
Shore Capital (Nomad)	John Moore / Stephane Auton	T: 020 7408 4090

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Claire Alexander Williams
2	Reason for the notification
a)	Position/status	Company Secretary
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	Grant of options under the Company's Save as You Earn Scheme
c)	Price(s) and volume(s)	Price Volume(s) Nil 654 shares
d)	Aggregated information	N/A (single transaction)
e)	Date of the transactions	1 August 2022
f)	Place of the transaction	Outside a trading venue

 

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