Exercise of options and PDMR transactions

Wynnstay Group PLC

08 September 2023

 

AIM: WYN

Wynnstay Group plc

("Wynnstay" or "the Company")

Exercise of Options & PDMR Transactions

Wynnstay, the agricultural and specialist merchanting group, announces that on 8 September 2023, 155 individuals exercised options under the Company's Save As You Earn Scheme, resulting in the allotment of 328,159 new ordinary shares of 25 pence each in the Company ("Ordinary Shares") at an exercise price of £2.75 per Ordinary Share. Gareth Davies, Chief Executive Officer, Paul Roberts, Finance Director, and Claire Williams, Company Secretary, were included in this process, exercising options respectively over 1,309, 5,236 and 2,618 Ordinary Shares.

Following these transactions, Gareth Davies has a total beneficial interest in 49,462 Ordinary Shares, representing 0.2% of the enlarged issued share capital of the Company, Paul Roberts holds 102,046 Ordinary Shares representing 0.4%, and Claire Williams holds 3,222 Ordinary Shares representing less than 0.1%.

New Ordinary Shares to satisfy the exercise of these options will be admitted to trading on AIM under the Company's current blocklisting authority.

Following the transaction and for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue will be 22,882,745 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 at Admission will be 22,882,745.

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.

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	Gareth Wynn Davies
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	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	Exercise of Options to receive Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 275.0 pence per share 1,309 Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	08/09/2023
f)	Place of the transaction	Outside of a trading venue.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bryan Paul Roberts
2	Reason for the notification
a)	Position/status	Finance 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 of 25 pence each in the Company ("Ordinary Shares") GB0034212331
b)	Nature of the transaction	Exercise of Options to receive Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 275.0 pence per share 5,236 Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	08/09/2023
f)	Place of the transaction	Outside of a trading venue.

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	Exercise of Options to receive Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 275.0 pence per share 2,618 Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	08/09/2023
f)	Place of the transaction	Outside of a trading venue.

Enquiries:

Wynnstay Group plc	Gareth Davies, Chief Executive Paul Roberts, Finance Director	T: 01691 827 142
KTZ Communications	Katie Tzouliadis / Robert Morton	T: 020 3178 6378
Shore Capital (Nomad and Broker)	Stephane Auton / Rachel Goldstein / Tom Knibbs	T: 020 7408 4090

 

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