Business
Exercise of Options and Director/PDMR dealings
Exercise of Options and Director/PDMR dealings.
About this update from Synectics Plc
[{"type":"text","content":"\n \nRNS Number : 1519U Synectics PLC 27 March 2019 \n\nSynectics plc\n(\"Synectics\" or the \"Company\")\n \nExercise of Share Plan Options and Director/PDMR dealings\n \n27 March 2019\n \nSynectics (AIM: SNX), a leader in the design, integration, control and management of advanced surveillance technology and networked security systems, announces that on 26 March 2019 options over ordinary shares of 20p each in the Company (\"Shares\"), which vested under the performance criteria of its Performance Share Plan (\"PSP\"), were exercised and either held or sold at a price of £2.04 per Share, as follows:\n \n\n\n\nName\n\n\nPosition\n\n\nStatus\n\n\nPSP options exercised\n\n\nShares retained in own name\n\n\nShares sold\n\n\n\n\nPaul Webb*\n\n\nChief Executive\n\n\nExecutive Director\n\n\n30,000\n\n\n15,793\n\n\n14,207\n\n\n\n\nStacey Anderson\n\n\nManaging Director, SSS Management Services\n\n\nPDMR\n\n\n4,000\n\n\n-\n\n\n4,000\n\n\n\n\nAmanda Larnder*\n\n\nFinancial Controller\n\n\nPDMR\n\n\n7,500\n\n\n4,326\n\n\n3,174\n\n\n\n \n*Paul Webb, Chief Executive, and Amanda Larnder sold sufficient Shares to cover the immediate tax liability on exercise of the options. The balance of 15,793 and 4,326 shares respectively were transferred into their own names.\n \nFollowing these transactions, their total interests in Synectics shares are now as follows:\n \n\n\n\nName\n\n\nShares Held\n\n\nInterest in Shares in Share Schemes\n\n\nResultant Total Interest\n\n\n% of Issued Share Capital\n\n\n\n\nPaul Webb\n\n\n52,115\n\n\n246,923\n\n\n299,038\n\n\n1.68%\n\n\n\n\nStacey Anderson\n\n\n-\n\n\n12,000\n\n\n12,000\n\n\n0.07%\n\n\n\n\nAmanda Larnder\n\n\n4,326\n\n\n2,500\n\n\n6,826\n\n\n0.04%\n\n\n\n \nFull details of the PSP are set out in the Company's Annual Report for the year ended 30 November 2018.\n \nFor further information, please contact:\n \nSynectics plc\nClaire Stewart, Company Secretary\nTel: +44(0) 114 255 2509\n \nStockdale Securities\nTom Griffiths / Henry Willcocks\nTel: +44 (0) 20 7601 6100\n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this informati...