Wynnstay Group PLC Employee SAYE Scheme and Directors' Dealings (5262U)

TIDMWYN

RNS Number : 5262U

Wynnstay Group PLC

02 August 2022

2 August 2022

AIM: WYN

Wynnstay Group plc

("the Company")

Employee Save As You Earn Scheme and Directors' Dealings

The Company announces that it has issued new invitations under an established Save As You Earn (the "SAYE Scheme"). The SAYE Scheme is approved by H.M. Revenue and Customs.

Pursuant to the SAYE Scheme, certain employees have chosen to participate resulting in them receiving options to subscribe for a total of up to 142,710 ordinary shares of 25 pence each in the Company ("SAYE Options") at a price of 550 pence per share. Included in this total of SAYE Options, the following person discharging management responsibility (PDMR) was granted SAYE Options on 1 August 2022 as set out below:

 
 Name                              Position        Number of SAYE Options 
 Claire Alexander Williams    Company Secretary             654 
                             -------------------  -----------------------

Subject to certain conditions being satisfied, the entitlement to exercise the SAYE Options arises during the period August 2025 to February 2026. 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.

For the purpose of the FCA disclosure requirements under the Market Abuse Regime, the following additional information is relevant to this announcement:

1) The SAYE Options are options to acquire ordinary shares of 25 pence each in the Company under the identification code GB0034212331.

   2)    The Legal Entity Identifier for Wynnstay Group plc is 213800TOLA726AITR960. 
   3)    The grant of the SAYE Options occurred outside a trading venue. 
   4)    This announcement is an initial notification.

For further enquiries please contact:

 
 Wynnstay Group plc      Gareth Wynn Davies, CEO           T: 01691 827118 
                          Paul Roberts, Finance Director 
 
 KTZ Communication       Katie Tzouliadis / Dan Mahoney    T: 020 3178 
                                                            6378 
 
 Shore Capital (Nomad)   John Moore / Stephane Auton       T: 020 7408 
                                                            4090 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                         Claire Alexander Williams 
     ---------------------------  -------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------- 
 a)   Position/status              Company Secretary 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Wynnstay Group plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          213800TOLA726AITR960 
     ---------------------------  -------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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           Ordinary shares of 25 pence each 
       financial instrument,        in the Company ("Ordinary Shares") 
       type of instrument 
 
       Identification code          GB0034212331 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Grant of options under the Company's 
                                    Save as You Earn Scheme 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price   Volume(s) 
 
                                       Nil     654 shares 
                                             ------------ 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information       N/A (single transaction) 
     ---------------------------  -------------------------------------- 
 e)   Date of the transactions     1 August 2022 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     Outside a trading venue 
     ---------------------------  --------------------------------------

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August 02, 2022 02:00 ET (06:00 GMT)

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