For
immediate release
5 February 2025
Watkin Jones
plc
('Watkin
Jones' or the 'Company')
Director/PDMR
Shareholding
Watkin Jones plc (AIM:WJG) announces
that on 4 February 2025 the following nominal-cost share awards
over ordinary shares of 1 penny each in the Company were granted
under the Watkin Jones Deferred Share Bonus Plan to the following
persons discharging managerial responsibilities ("Awards"):
|
PDMR
|
Position
|
Number of shares granted
under the Awards
|
|
Alex Pease
|
Chief Executive Officer
|
107,622
|
|
Simon Jones
|
Chief Financial Officer
|
33,381
|
The Awards have a nominal exercise
price of one penny per share and normally become exercisable on the
first anniversary of the date of grant, subject to continued
employment.
The notification below, made in
accordance with the requirements of the UK Market Abuse Regulation,
provides further detail:
|
1
|
Details of the person discharging managerial
responsibilities / person closely associated
|
|
a)
|
Name
|
Alex Pease
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive Officer
|
|
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 Award under the Watkin Jones Deferred
Share Bonus Plan
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
107,622
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable
|
|
e)
|
Date of the transaction
|
4 February 2025
|
|
f)
|
Place of the transaction
|
Outside of a trading venue
|
|
1
|
Details of the person discharging managerial
responsibilities / person closely associated
|
|
a)
|
Name
|
Simon Jones
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial Officer
|
|
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 Award under the Watkin Jones Deferred
Share Bonus Plan
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
33,381
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable
|
|
e)
|
Date of the transaction
|
4 February 2025
|
|
f)
|
Place of the transaction
|
Outside of a trading venue
|
- Ends -
For further information:
|
Watkin Jones
plc
|
|
|
Adam McGhin, Chief Legal Officer and Company
Secretary
|
Tel: +44 (0) 20 3617
4453
|
|
|
www.watkinjonesplc.com
|
Notes to
Editors
Watkin Jones is the UK's leading
developer and manager of residential for rent, with a focus on the
build to rent, student accommodation and affordable housing
sectors. The Group has strong relationships with institutional
investors, and a reputation for successful, on-time-delivery of
high-quality developments. Since 1999, Watkin Jones has delivered
over 49,000 student beds across 147 schemes, making it a key player
and leader in the UK purpose-built student accommodation market,
and is increasingly expanding its operations into the build to rent
sector. In addition, Fresh, the Group's specialist accommodation
management business, manages over 16,800 student beds and build to
rent apartments on behalf of its institutional clients. Watkin
Jones has also been responsible for over 50 residential
developments, ranging from starter homes to executive housing and
apartments.
The Group's competitive advantage
lies in its experienced management team and capital-light business
model, which enables it to offer an end-to-end solution for
investors, delivered entirely in-house with minimal reliance on
third parties, across the entire life cycle of an asset.
Watkin Jones was admitted to trading
on AIM in March 2016 with the ticker WJG.L. For additional
information please visit www.watkinjonesplc.com
