Scrip dividend election

Wynnstay Group PLC

30 April 2024

 

AIM: WYN

Wynnstay Group plc

(the "Company")

Scrip dividend election, PDMR dealing and Total Voting Rights

The Company announces that elections to accept the scrip dividend alternative with regard to the final dividend of 11.75p per share for the year ended 31 October 2023, paid on 30 April 2024, were received from the holders of 2,770,435 ordinary shares of 25p each in the Company ("Ordinary Shares") in aggregate. This represents approximately 12.1% of the Ordinary Shares in issue on 2 April 2024, being the record date for the final dividend. Accordingly, 90,837 new Ordinary Shares have been issued in satisfaction of such elections at an equivalent price of £3.585 each. The additional cost to the Company of the dividend paid in cash amounts to approximately £2,375,420 in total.

In the issue, as set out in the dealing notifications below, two PDMRs of the Company received new Ordinary Shares in lieu of cash dividends. Following these transactions, Gareth Davies has a total beneficial interest in 59,733 Ordinary Shares representing 0.3% of the enlarged issued share capital of the Company. Claire Williams holds 7,149 Ordinary Shares representing less than 0.1%.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence on 7 May 2024.

Following the above transactions and for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue is 23,077,417 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 is 23,077,417.

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.

Dealing notification forms for use by persons discharging managerial responsibility and their closely associated persons

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mr G.W. 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 in the Company   GB0034212331
b)	Nature of the transaction	Scrip dividend election
c)	Price(s) and volume(s)	Price Volume(s)  £3.585  1,896 shares
d)	Aggregated information	N/A (single transaction)
e)	Date of the transactions	30 April 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mrs C.A. 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 in the Company  GB0034212331
b)	Nature of the transaction	Scrip dividend election
c)	Price(s) and volume(s)	Price Volume(s) £3.585  227 shares
d)	Aggregated information	N/A (single transaction)
e)	Date of the transactions	30 April 2024
f)	Place of the transaction	Outside a trading venue

For further details 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 Wilcocks (Corporate Broking)	T: 020 7408 4090

 

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