TIDMWYN

RNS Number : 1967U

Wynnstay Group PLC

20 October 2017

Wynnstay Group plc

("Wynnstay" or "the Company")

Exercise of Options and PDMR Transactions

Exercise of Options

Wynnstay, the agricultural and retail group, announces that options to subscribe for 8,860 ordinary shares of 25 each in the Company ("Ordinary Shares"), which were issued under the Company's Save As You Earn Scheme (the "Scheme"), have today been exercised by certain employees of the Company (the "Options"). Pursuant to this exercise of the Options, an application has been made to the London Stock Exchange for 8,860 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8am on 26 October 2017.

Included in the above exercise of Options, the following director exercised Options under the Scheme at an exercise price of 340 pence per Ordinary Share:

 
 Name               No. of Options     Number of       % of enlarged 
                       exercised        Ordinary       Ordinary Share 
                                       Shares held      capital held 
                                      follow Option 
                                        exercise 
-----------------  ---------------  ---------------  ---------------- 
 Mr B.P. Roberts        1,323           101,498            0.52% 
-----------------  ---------------  ---------------  ---------------- 
 

Following the exercise of Options, and for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue as at Admission will be 19,641,192 with each share carrying the right to one vote. There are no shares held in treasury. Therefore, the total number of voting rights in the Company at Admission will be 19,641,192.

The above figure may be used by shareholders in the Company 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 share capital of the Company under the Disclosure and Transparency Rules.

ESOP transaction

The Company also announces that the Wynnstay ESOP Trust (the "ESOP") has today acquired 7,407 Ordinary Shares from employees of the Company who had exercised Options in the Scheme at a price of 475 pence per Ordinary Share. K.R Greetham and B.P. Roberts, both directors of the Company, are trustees of the Wynnstay ESOP.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details of the PDMR dealings set out above.

 
 1      Details of the person discharging managerial responsibilities / person closely associated 
-----  --------------------------------------------------------------------------------------------------------------- 
 a)     Name                                                     MR B.P. Roberts 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 2      Reason for the notification 
-----  --------------------------------------------------------------------------------------------------------------- 
 a)     Position/status                                          Finance Director 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 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         Ordinary shares of 25 pence each in the Company 
        instrument                                               ("Ordinary Shares") 
 
        Identification code                                      GB0034212331 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 b)     Nature of the transaction                                Exercise of Options over Ordinary Shares 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 
                                                                    Exercise Price(s)   Volume(s) 
                                                                   ------------------  ---------------- 
   c)     Price(s) and volume(s) 
                                                                     340.0 pence         1,323 Ordinary 
                                                                     per share           Shares 
                                                                   ------------------  ---------------- 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 d)     Aggregated information 
 
         - Aggregated volume 
                                                                   N/A (single transaction) 
         - Price 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 e)     Date of the transaction                                  20/10/2017 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 f)     Place of the transaction                                 Outside of a trading venue. 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 
 
 1      Details of the person discharging managerial responsibilities / person closely associated 
-----  --------------------------------------------------------------------------------------------------------------- 
 a)     Name                                                     Wynnstay ESOP Trust (the "ESOP") 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 2      Reason for the notification 
-----  --------------------------------------------------------------------------------------------------------------- 
 a)     Position/status                                          Ken Greetham and Paul Roberts, both directors of the 
                                                                 Company, are trustees of the ESOP 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 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         Ordinary shares of 25 pence each in the Company 
        instrument                                               ("Ordinary Shares") 
 
        Identification code                                      GB0034212331 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 b)     Nature of the transaction                                Purchase of Ordinary Shares 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 
                                                                    Price(s)       Volume(s) 
                                                                   -------------  ---------------- 
   c)     Price(s) and volume(s) 
                                                                     475.0 pence    7,407 Ordinary 
                                                                     per share      Shares 
                                                                   -------------  ---------------- 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 d)     Aggregated information 
 
         - Aggregated volume 
                                                                   N/A (single transaction) 
         - Price 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 e)     Date of the transaction                                  20/10/2017 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 f)     Place of the transaction                                 Outside of a trading venue. 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 

Enquiries:

 
 Wynnstay Group       Ken Greetham, Chief      T: 01691 827 
  plc                  Executive                142 
                       Paul Roberts, Finance 
                       Director 
 
 KTZ Communications   Katie Tzouliadis         T: 020 3178 6378 
 
 Shore Capital        Stephane Auton           T: 020 7408 4090 
  (Nomad)              / Patrick Castle 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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