M Winkworth plc
Exercise of Options,
Director Dealing
and
Total Voting Rights
M Winkworth Plc ("Winkworth" or the "Company"), the leading franchisor of real estate agencies, received notification on 23 June 2023 that, on the same day, Dominic Agace (Chief Executive Officer of the Company) and another employee exercised 102,066 and 73,488 options over the ordinary 0.5p shares in the Company ("Ordinary Shares"), respectively. The options were exercised at a price of 102.38 pence per Ordinary Share and had been held within the Company's EMI Share Option Scheme ("Scheme").
An application for admission to trading on AIM of the 175,554 new Ordinary Shares has been submitted to the London Stock Exchange and trading is expected to commence on or around 29 June 2023 ("Admission"). Following the issue of the new Ordinary Shares, the Company's total issued share capital will consist of 12,908,792 Ordinary Shares ("Enlarged Issued Share Capital") with one voting right per Ordinary Share. The Company does not hold any shares in treasury. Following the issue of the new ordinary shares, the total number of voting rights in the Company will be 12,908,792. This figure may be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.
Following Admission, Dominic Agace will have a beneficial interest in 739,694 Ordinary Shares representing 5.73% of the Enlarged 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 the leading London franchisor of residential real estate agencies with a pre-eminent position in the mid to upper segments of the sales and lettings markets. The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a long-established brand name and to benefit from the support and promotion that Winkworth offers.
Winkworth is admitted to trading on the AIM Market of the London Stock Exchange.
Pursuant to the notification obligations in accordance with Article 19 of the Market Abuse Regulation (MAR)
| 1. | Details of PDMR / person closely associated with them ('PCA') | ||||||
| a) | Name | Dominic Agace | |||||
| 2. | Details of PDMR / person closely associated with them ('PCA') | ||||||
| a) | Position / status | Chief Executive Officer, PDMR | |||||
| b) | Initial notification / amendment | Initial notification | |||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
| a) | Name | M Winkworth plc | |||||
| b) | LEI | 213800W7G6NJ2PRNUM27 | |||||
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; | ||||||
| c) | Description of the financial instrument | Ordinary shares of 0.5p each in the capital of M Winkworth plc ISIN: GB00B4TT7L53 | |||||
| d) | Nature of the transaction | Exercise of options | |||||
| e) | Price and volume |
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| f) | Aggregated information
Aggregated volume
Price |
As above | |||||
| g) | Date of the transaction | 23 June 2023 | |||||
| h) | Place of the transaction | Off market | |||||
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