Scrip dividend election/Direc

RNS Number : 1460L

Wynnstay Group PLC

30 April 2010

 



Wynnstay Group plc

(the "Company")

Scrip dividend election and Directors' shareholdings

The Company announces the following information in relation to the ordinary share capital of the Company:

Elections to accept the scrip dividend alternative with regard to the final dividend for the year ended 31^st October 2009 paid on 30^th April 2010 were received from the holders of 3,771,954 ordinary shares of 25p each in the Company ("Ordinary Shares"), in aggregate, representing approximately 25.7% of the Ordinary Shares in issue on 26^th March 2010, being the record date for the final dividend. Accordingly, 60,007 new Ordinary Shares were issued in satisfaction of such elections at an equivalent price of £2.693 each, increasing the enlarged issued Ordinary Share capital of the Company to 14,770,812 Ordinary Shares. The cost to the Company of the dividend paid in cash amounts to approximately £467,998 in total.

In the issue, the following directors received new Ordinary Shares in lieu of cash dividends:

Name	No. of new Ordinary Shares	New shareholding	% of enlarged Ordinary Share capital
Mr D.A.T. Evans	191	12,187	0.08%
Mr J.E. Davies	879	55,984	0.38%
Mr E.E. Hughes	965	61,411	0.42%
Mr J.C. Kendrick	152	9,692	0.07%
Mr E.G. Owen	382	24,326	0.16%
Lord Carlile	483	30,741	0.21%
Mr K.R. Greetham	257	31,506	0.21%

Application has been made for the new Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence and CREST member accounts are expected to be credited on 7^th May 2010.

For further details please contact:

Mr Paul Roberts, Wynnstay Group plc                          Tel: [phone]

Mr Robin Gwyn, WH Ireland Limited                           Tel: [phone]

 

END

 

 

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