Grant of Options and PDMR Dealings

Wynnstay Group PLC

12 March 2024

 

Wynnstay Group plc

("the Company")

Grant of Options under the Employee Save As You Earn Scheme and PDMR Dealings

Following new invitations to participate in the Company's established Save As You Earn Scheme, which is approved by H.M. Revenue and Customs (the "SAYE Scheme"), the Company provides the following update.

Pursuant to the SAYE Scheme, certain employees have elected to participate, resulting in options over a total of 150,506 ordinary shares of 25 pence each in the Company ("SAYE Options") being granted on 12 March 2024 at a price of 320 pence per share, being calculated in accordance with the rules of the SAYE Scheme.

The following persons discharging management responsibility ("PDMRs") have elected to participate in the SAYE Scheme and their SAYE Options are included in the total figures above.

Name	Position	Number of SAYE Options
Gareth Wynn Davies	CEO	1,091
Claire Alexander Williams	Company Secretary	1,428

Subject to the rules of the SAYE Scheme, the SAYE Options are exercisable between April 2027 to September 2027. The exercise of the SAYE Options is not dependent upon the satisfaction of performance criteria. 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.

The notifications below, made in accordance with Article 19 of the UK Market Abuse Regulation, provide further detail.

For further enquiries please contact:

Wynnstay Group plc	Steve Ellwood, Executive Chairman Rob Thomas, Group Finance Director	T: 01691 827118
KTZ Communication	Katie Tzouliadis / Robert Morton	T: 020 3178 6378
Shore Capital (Nomad)	Stephane Auton/ Tom Knibbs / Rachel Goldstein (Corporate Advisory) Henry Willcocks (Corporate Broking)	T: 020 7408 4090

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gareth Wynn Davies
2	Reason for the notification
a)	Position/status	CEO
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 1,091 shares
d)	Aggregated information	N/A (single transaction)
e)	Date of the transactions	12 March 2024
f)	Place of the transaction	Outside 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	Grant of options under the Company's Save as You Earn Scheme
c)	Price(s) and volume(s)	Price Volume(s) Nil 1,428 shares
d)	Aggregated information	N/A (single transaction)
e)	Date of the transactions	12 March 2024
f)	Place of the transaction	Outside a trading venue

 

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