Wynnstay Group plc
("the Company")
Grant of Options under the Employee Save As You Earn Scheme and PDMR Dealings
Following new invitations to participate in the Company's established Save As You Earn Scheme, which is approved by H.M. Revenue and Customs (the "SAYE Scheme"), the Company provides the following update.
Pursuant to the SAYE Scheme, certain employees have elected to participate, resulting in options over a total of 150,506 ordinary shares of 25 pence each in the Company ("SAYE Options") being granted on 12 March 2024 at a price of 320 pence per share, being calculated in accordance with the rules of the SAYE Scheme.
The following persons discharging management responsibility ("PDMRs") have elected to participate in the SAYE Scheme and their SAYE Options are included in the total figures above.
| Name | Position | Number of SAYE Options |
| Gareth Wynn Davies | CEO | 1,091 |
| Claire Alexander Williams | Company Secretary | 1,428 |
Subject to the rules of the SAYE Scheme, the SAYE Options are exercisable between April 2027 to September 2027. The exercise of the SAYE Options is not dependent upon the satisfaction of performance criteria. Participants who choose to exercise their entitlements pursuant to the rules of the SAYE Scheme will meet the obligation to pay for the exercise of the SAYE Options out of funds they have paid into the SAYE Scheme prior to such exercise. Participants in the SAYE Scheme may opt to withdraw from the SAYE Scheme, recovering paid-in funds, prior to that time.
The notifications below, made in accordance with Article 19 of the UK Market Abuse Regulation, provide further detail.
For further enquiries please contact:
| Wynnstay Group plc | Steve Ellwood, Executive Chairman Rob Thomas, Group Finance Director | T: 01691 827118
|
| | | |
| KTZ Communication | Katie Tzouliadis / Robert Morton | T: 020 3178 6378 |
| | | |
| Shore Capital (Nomad) | Stephane Auton/ Tom Knibbs / Rachel Goldstein (Corporate Advisory) Henry Willcocks (Corporate Broking) | T: 020 7408 4090 |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Gareth Wynn Davies | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CEO | ||||
| b) | Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Wynnstay Group plc | ||||
| b) | LEI | 213800TOLA726AITR960 | ||||
| 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 25 pence each in the Company ("Ordinary Shares")
GB0034212331 | ||||
| b) | Nature of the transaction | Grant of options under the Company's Save as You Earn Scheme | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d) | Aggregated information | N/A (single transaction) | ||||
| e) | Date of the transactions | 12 March 2024 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Claire Alexander Williams | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Company Secretary | ||||
| b) | Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Wynnstay Group plc | ||||
| b) | LEI | 213800TOLA726AITR960 | ||||
| 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 25 pence each in the Company ("Ordinary Shares")
GB0034212331 | ||||
| b) | Nature of the transaction | Grant of options under the Company's Save as You Earn Scheme | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d) | Aggregated information | N/A (single transaction) | ||||
| e) | Date of the transactions | 12 March 2024 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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