18 September 2020
M Winkworth plc
("Winkworth" or the "Company")
Director/PDMR Shareholding
M Winkworth Plc ("Winkworth" or the "Company") announces that it was notified today, that on 17 September 2020, London & Oxford Properties Limited, a company wholly owned by Simon Agace, Non-Executive Chairman of the Company, transferred 5,900 ordinary shares of 0.5 pence each in the Company ("Shares") at a price of 100 pence per Share to his son, Louis Agace, and a further 4,100 Shares at the same price to his daughter-in-law, Faith Agace (nee Cook). Louis is a person closely associated with Simon Agace and Faith is a person closely associated with Dominic Agace, Chief Executive Officer of the Company.
As a result, London & Oxford Properties Limited no longer has an interest in the Company's issued share capital. Louis Agace's interest in the Company increased to 43,797 Shares and Faith Agace now holds 4,100 Shares, representing 0.34 per cent. and 0.03 per cent. of the total voting rights in the Company's issued share capital, respectively.
Simon Agace's interest, together with persons closely associated with him, has decreased to, in aggregate, 5,319,181 Shares, representing 41.77 per cent of the total voting rights in the Company's issued share capital.
Dominic Agace's interest, together with persons closely associated with him, has increased to, in aggregate, 641,728 Shares, representing 5.04 per cent of the total voting rights in the Company's issued share capital.
For further information please contact:
| M Winkworth plc | Tel : 020 7355 0206 |
| Dominic Agace (Chief Executive Officer) | |
| Andrew Nicol (Chief Financial Officer) | |
| Milbourne (Public Relations) | Tel : 07903 802545 |
| Tim Draper | |
| Shore Capital (NOMAD and Broker) | Tel : 020 7408 4090 |
| Robert Finlay | |
| David Coaten | |
| Henry Willcocks | |
About Winkworth
Winkworth is a leading franchisor of residential real estate agencies and is admitted to trading on the AIM Market of the London Stock Exchange.
Established in Mayfair in 1835, Winkworth has a pre-eminent position in the mid to upper segments of the central London residential sales and lettings markets. In total the company operates from some 100 offices, having expanded consistently in recent years.
The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a well-respected brand name and to benefit from the support and promotion that Winkworth offers. Franchisees deliver in-depth local knowledge and a highly personalised service to their clients.
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