RNS Number : 4412Y
Windar Photonics PLC
03 January 2024
 

Windar Photonics plc

("Windar" or the "Company")

Issue of Equity &

 Director/PDMR Shareholding

Windar Photonics plc (AIM:WPHO), the technology group that has developed a cost efficient and innovative LiDAR wind sensor for use on electricity generating wind turbines, announces that it has agreed to issue in aggregate 295,000 new ordinary shares of 1 pence each in the capital of the Company ("New Ordinary Shares"),  to certain non-executive directors and a PDMR,  in lieu of fees details of which are set out below:

 

Name

Title

Fees due

Issue price

Shares issued in lieu of fees

Holding post the issue of New Ordinary Shares

% of Issued Share capital

David Lis

Non-Executive Chairman

 Â£ 21,600.00

 36p

60,000

397,500

0.6%

Andrew ("Andy") John Richardson

Non-Executive Director

 Â£ 10,000.00

 20p

          50,000

               50,000

0.1%

Paul Joseph Hodges

Non-Executive Director

 Â£ 25,000.00

 20p

          125,000

          2,250,318

3.3%

Jason Smith

PDMR

 Â£ 12,000.00

 20p

          60,000

               60,000

0.1%

 

Application has been made for a total of 295,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will be effective from 9 January 2024. Following Admission, the Company's issued share capital will consist of 68,656,444 Ordinary Shares of which no shares are held in treasury. Therefore, the total number of voting rights in the Company is 68,656,444. Shareholders may use this figure 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 and Transparency Rules.

 

For further information, please visit http://www.investor.windarphotonics.com or contact:

 

Windar Photonics plc


Jørgen Korsgaard Jensen, CEO

                                                                   Tel:  +45 24234930



WH Ireland Limited (Nomad & Broker)


Hugh Morgan / James Bavister / Isaac Hooper

                                                                   Tel:  +44 20 7220 1666

 

Notes to Editors:

Windar Photonics is a technology group that develops cost-efficient and innovative Light Detection and Ranging ("LiDAR") optimisation systems for use on electricity generating wind turbines. LiDAR wind sensors in general are designed to remotely measure wind speed and direction.

 

 

1

 

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

 David Lis

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Windar Photonics plc

b)

LEI

2138003JZZMKJGOOCR02

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

Ordinary shares of 1 pence each



Identification code

GB00BTFR4F17



b)

Nature of the transaction

Issue of New Ordinary Shares in lieu of fees

c)

 

Price(s) and volume(s)

Volume: 60,000 ordinary shares

Price: 36 pence




d)

 

Aggregated information




- Aggregated volume

N/A



- Price




e)

Date of the transaction

2 January 2024

f)

Place of the transaction

London Stock Exchange (AIM: WPHO)

 

1

 

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

 Andrew ("Andy") John Richardson

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Windar Photonics plc

b)

LEI

2138003JZZMKJGOOCR02

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

Ordinary shares of 1 pence each



Identification code

GB00BTFR4F17



b)

Nature of the transaction

Issue of New Ordinary Shares in lieu of fees

c)

 

Price(s) and volume(s)

Volume: 50,000 ordinary shares

Price: 20 pence




d)

 

Aggregated information




- Aggregated volume

N/A



- Price




e)

Date of the transaction

2 January 2024

f)

Place of the transaction

London Stock Exchange (AIM: WPHO)

 

1

 

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

 Paul Joseph Hodges

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Windar Photonics plc

b)

LEI

2138003JZZMKJGOOCR02

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

Ordinary shares of 1 pence each



Identification code

GB00BTFR4F17



b)

Nature of the transaction

Issue of New Ordinary Shares in lieu of fees

c)

 

Price(s) and volume(s)

Volume: 125,000 ordinary shares

Price: 20 pence




d)

 

Aggregated information




- Aggregated volume

N/A



- Price




e)

Date of the transaction

2 January 2024

f)

Place of the transaction

London Stock Exchange (AIM: WPHO)

 

1

 

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

 Jason Smith

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Windar Photonics plc

b)

LEI

2138003JZZMKJGOOCR02

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

Ordinary shares of 1 pence each



Identification code

GB00BTFR4F17



b)

Nature of the transaction

Issue of New Ordinary Shares in leui of fees

c)

 

Price(s) and volume(s)

Volume: 60,000 ordinary shares

Price: 20 pence




d)

 

Aggregated information




- Aggregated volume

N/A



- Price




e)

Date of the transaction

2 January 2024

f)

Place of the transaction

London Stock Exchange (AIM: WPHO)

 

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