Scrip dividend, PDMR dealing,Total shares in issue

Wynnstay Group PLC

28 April 2023

 

AIM: WYN

Wynnstay Group plc

(the "Company")

Scrip dividend election, PDMR dealing and total shares in issue

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 of 11.6p per share for the year ended 31 October 2022 paid on 28 April 2022 were received from the holders of 2,748,009 ordinary shares of 25p each in the Company ("Ordinary Shares") in aggregate. This represents approximately 12.2% of the Ordinary Shares in issue on 31 March 2023, being the record date for the interim dividend. Accordingly, 72,372 new Ordinary Shares have been issued in satisfaction of such elections at an equivalent price of £4.415 each, increasing the enlarged issued Ordinary Share capital of the Company to 22,554,586 Ordinary Shares. The additional cost to the Company of the dividend paid in cash amounts to approximately £2,289,230 in total.

In the issue, as set out in the dealing notifications below, two directors of the Company received new Ordinary Shares in lieu of cash dividends.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence on 02 May 2023.

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 as at the date of this notice is 22,554,586 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 22,554,586.

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 P.M. Kirkham
2	Reason for the notification
a)	Position/status	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 in the Company  GB0034212331
b)	Nature of the transaction	Scrip dividend election
c)	Price(s) and volume(s)	Price Volume(s) £4.415 32 shares
d)	Aggregated information	N/A (single transaction)
e)	Date of the transactions	28 April 2023
f)	Place of the transaction	Outside a trading venue

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	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 in the Company  GB0034212331
b)	Nature of the transaction	Scrip dividend election
c)	Price(s) and volume(s)	Price Volume(s) £4.415 1,066 shares
d)	Aggregated information	N/A (single transaction)
e)	Date of the transactions	28 April 2023
f)	Place of the transaction	Outside a trading venue

For further details please contact:

Wynnstay Group plc	Gareth Davies, Chief Executive Paul Roberts, Finance Director	T: 01691 827142
KTZ Communication	Katie Tzouliadis / Robert Morton	T: 020 3178 6378
Shore Capital (Nomad)	Stephane Auton / John More / Rachel Goldstein	T: 020 7408 4090

 

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