Issue of Equity and Directors

RNS Number : 2168G

Wynnstay Group PLC

27 January 2010

 



Wynnstay Group plc

Issue of Equity and Directors Dealings

Wynnstay Group plc (the "Company") announces that it has today issued 112,504 new ordinary shares of 0.25p each in the Company ("Ordinary Shares") following the exercise of eligible options under the Company's maturing 2004 Save As You Earn Scheme (the "Scheme") at a price of 215p per share. The new Ordinary Shares have been allotted as fully paid and application has been made for the new Ordinary Shares to be admitted to trading on AIM with dealings expected to commence on 2 February 2010.  Following this allotment, the total number of Ordinary Shares in issue is 14,655,805.  

The following directors were issued with new Ordinary Shares as a result of the exercise of options under the Scheme:

Name	No. of new Ordinary Shares	New Shareholding	% of enlarged share capital
Mr K.R. Greetham	1,537	31,249	0.21%
Mr. B.P. Roberts	5,380	120,252	0.82%

On 27 January 2010, certain employee recipients of the above allotment sold their new Ordinary Shares, amounting in aggregate to 70,699 shares, to the Wynnstay ESOP Trust at a price of 245p per share. Included in these employee recipients was Mr B.P. Roberts who sold 5,380 Ordinary Shares reducing his shareholding to 114,872 Ordinary Shares, representing 0.78% of the enlarged issued share capital of the Company.

Also on 27 January 2010 the Wynnstay ESOP Trust disposed of 83,890 Ordinary Shares and the Wynnstay Group Health Trust disposed of 16,110 Ordinary Shares at a price of 245p per share. These employee benefit trusts now hold 9,844 and Nil Ordinary Shares respectively.

For further information, please contact:

Paul Roberts, Wynnstay Group plc	Tel: [phone]
Robin Gwyn, WH Ireland Limited	Tel: [phone]

 

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