Director Shareholdings

RNS Number : 1995R

Watkin Jones plc

26 February 2019

 

For immediate release

26 February 2019

Watkin Jones plc

('Watkin Jones' or the 'Company')

Director Shareholdings

Watkin Jones plc (AIM:WJG), a leading UK developer and constructor of multi-occupancy residential property assets, with a focus on the student accommodation and build to rent sectors, announces that Philip Byrom (CFO) has sold 567,891 ordinary shares of one penny each in the Company, representing approximately 0.22% of the issued share capital, to facilitate future personal financial planning.  Following the trade, Philip Byrom holds 2,600,000 ordinary shares representing approximately 1.02% of the issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Byrom
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watkin Jones plc
b)	LEI	2138009X19O21NU5SG79
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 £0.01 each ISIN: GB00BD6RF223
b)	Nature of the transaction	Sale of ordinary shares
c)	Price(s) and volume(s)	Price      Shareholder No. of shares 225p Philip Byrom 500,000 225.73p Philip Byrom 11,500 225.7p Philip Byrom 22,500 225.35p Philip Byrom 8,000 225p Philip Byrom 8,000 225.53p Philip Byrom 5,000 225.26p Philip Byrom 2,891 225p Philip Byrom 10,000
d)	Aggregated information - Aggregated      volume - Price	Volume: 567,891 Weighted average price: 225.0534p
e)	Date of the transaction	22/25/26 February 2019
f)	Place of the transaction	London Stock Exchange, AIM

- Ends -

For further information:

Watkin Jones plc
Richard Simpson, Chief Executive Officer	Tel: [phone]
Phil Byrom, Chief Financial Officer	www.watkinjonesplc.com
Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker)		Tel: [phone]
Mike Bell / Justin Jones		www.peelhunt.com
Jefferies Hoare Govett (Joint Corporate Broker)		Tel: [phone]
Max Jones / Will Soutar		www.jefferies.com

Media enquiries:

Buchanan
Henry Harrison-Topham / Richard Oldworth Jamie Hooper / Steph Watson	Tel: [phone]
[e-mail]	www.buchanan.uk.com

Notes to Editors

Watkin Jones is a leading UK developer and constructor of multi-occupancy residential property assets, with a focus on the student accommodation and build to rent sectors.  The Group has strong relationships with institutional investors, and a good reputation for successful, on-time-delivery of high quality developments.  Since 1999, Watkin Jones has delivered 38,000 student beds across 117 sites, making it a key player and leader in the UK purpose built student accommodation market.  In addition, the Fresh Property Group, the Group's specialist accommodation management company, manages over 15,000 student beds and build to rent apartments on behalf of its institutional clients.  Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments.  The Group is now expanding its operations into the build to rent sector.

The Group's competitive advantage lies in its experienced management team and business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.

Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L.  For additional information please visit: www.watkinjonesplc.com

 

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