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Watkin Jones plc (WJG)

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Tuesday 19 May, 2020

Watkin Jones plc

Director Shareholdings

RNS Number : 3922N
Watkin Jones plc
19 May 2020
 

For immediate release

19 May 2020

 

 

Watkin Jones plc

('Watkin Jones' or the 'Company')

 

Director Shareholdings

 

Watkin Jones plc (AIM:WJG), the UK's leading developer and manager of residential for rent, with a focus on the Build to Rent and student accommodation sectors , announces that it was today notified that Richard Simpson, Chief Executive Officer, bought 49,186 ordinary shares in the Company on 19 May 2020 at a price of 152.46 pence per share, representing 0.02% of the Company's issued share capital.

Subsequent to this purchase of shares, Richard Simpson now holds 285,510 ordinary shares in the Company, representing 0.11% of the Company's 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

Richard Simpson

 

2

Reason for the notification

a)

Position/status

Chief Executive 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

Acquisition of 49,186 ordinary shares at 1.0p per share

c)

Price(s) and volume(s)

Price

No. of shares

152.46p

49,186

 

d)

Aggregated information

- Aggregated  volume

- Price

 

 

Volume: 49,186

P rice: 152.46p

 

e)

Date of the transaction

19 May 2020

f)

Place of the transaction

London Stock Exchange, AIM

 

- Ends -

 

For further information:

Watkin Jones plc

 

Richard Simpson, Chief Executive Officer

Tel: +44 (0) 1248 362 516

Phil Byrom, Chief Financial Officer

www.watkinjonesplc.com

 

 

Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker)

Tel: +44 (0) 20 7418 8900

Mike Bell / Ed Allsopp

www.peelhunt.com

 

 

Jefferies Hoare Govett (Joint Corporate Broker)

Tel: +44 (0) 20 7029 8000

Max Jones / Will Soutar

www.jefferies.com

 

 

 

 

Media enquiries:

Buchanan

 

Henry Harrison-Topham / Richard Oldworth

Jamie Hooper / Steph Watson

 

Tel: +44 (0) 20 7466 5000

[email protected]

www.buchanan.uk.com

 

Notes to Editors

Watkin Jones is the UK's leading developer and manager of residential for rent, with a focus on the Build to Rent and student accommodation sectors.  The Group has strong relationships with institutional investors, and a reputation for successful, on-time-delivery of high quality developments.  Since 1999, Watkin Jones has delivered 41,000 student beds across 123 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 nearly 18,000 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 increasingly 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


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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