TIDMWYN

RNS Number : 8400G

Wynnstay Group PLC

06 March 2018

Wynnstay Group plc

("Wynnstay" or "the Company")

Exercise of Options & PDMR Transactions

Wynnstay, the agricultural and retail group, announces that options to subscribe for 9,877 ordinary shares of 25 each in the Company ("Ordinary Shares"), which were issued under the Company's Save As You Earn Scheme, have been exercised by certain employees of the Company (the "Options").

Pursuant to the exercise of the Options, an application has been made to the London Stock Exchange for 9,877 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8am on 12 March 2018. The Option exercise price was 340 pence per Ordinary Share.

Following the above transactions 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 19,675,255 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 19,675,255.

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.

The Company also announces that the Wynnstay ESOP Trust (the "ESOP") has today acquired 2,229 ordinary shares of 25 pence each in the Company ("Ordinary Shares) from employees of the Company at a price of 460 pence per Ordinary Share.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the acquisition of these Ordinary Shares by the ESOP. K.R Greetham and B.P. Roberts, both directors of the Company, are trustees of the Wynnstay ESOP.

 
 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) 
                                                                     460.0 pence    2,229 Ordinary 
                                                                     per share      Shares 
                                                                   -------------  ---------------- 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 d)     Aggregated information 
 
         - Aggregated volume 
                                                                   N/A (single transaction) 
         - Price 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 e)     Date of the transaction                                  06/03/2018 
-----  -------------------------------------------------------  ------------------------------------------------------ 
 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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(END) Dow Jones Newswires

March 06, 2018 06:21 ET (11:21 GMT)

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