| For immediate release | 2 July 2024 |
Watkin Jones plc
('Watkin Jones' or the 'Company')
Issue of Sharesave options and PDMR shareholding
Watkin Jones announces that on 1 July 2024, the Company granted options ("Options") over 582,534 ordinary shares pursuant to the Watkin Jones plc Sharesave Scheme.
The Options have a contract start date of 1 August 2024 and normally vest and become exercisable on completion of the three year savings period. The exercise price, which was set in accordance with HM Revenue & Customs rules, is 39.07 pence per ordinary share.
Within the Options described above, Options over 23,739 ordinary shares were granted to Alex Pease, Chief Executive Officer. The Notification of Dealing Form provided in accordance with the requirements of MAR in relation to this transaction is set out below.
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 | Alex Pease
| ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Executive Director/PDMR
| ||||
| 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 | Grant of SAYE options | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
N/A
| ||||
| e) | Date of the transaction | 1 July 2024 | ||||
| f) | Place of the transaction | Outside of a trading venue | ||||
- Ends -
| Watkin Jones plc |
| |
| Alex Pease, Chief Executive Officer | Tel: +44 (0) 20 3617 4453 | |
| Simon Jones, Chief Financial Officer | ||
| | | |
|
Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker) |
Tel: +44 (0) 20 7418 8900 | |
| Mike Bell / Ed Allsopp | ||
| | | |
|
Jefferies Hoare Govett (Joint Corporate Broker) |
Tel: +44 (0) 20 7029 8000 | |
| James Umbers /David Sheehan/Paul Bundred
| ||
| | | |
Media enquiries:
| Burson Buchanan |
|
| Henry Harrison-Topham / Steph Whitmore |
Tel: +44 (0) 20 7466 5000 |
| watkinjones@buchanan.uk.com | www.buchanan.uk.com |
Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L. For additional information please visit www.watkinjonesplc.com
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