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Exercise of Options and PDMR Transactions

Exercise of Options and PDMR Transactions.

articleWynnstay Group PlcMarch 6, 20183/company/wynnstay-group-plc/news/exercise-of-options-and-pdmr-transactions-1
Exercise of Options and PDMR Transactions

About this update from Wynnstay Group Plc

[{"type":"text","content":"\n \nRNS Number : 8400G Wynnstay Group PLC 06 March 2018  \n\n     \nWynnstay Group plc\n(\"Wynnstay\" or \"the Company\")\n \nExercise of Options & PDMR Transactions\n \nWynnstay, 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\").\n \nPursuant 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.\n \nFollowing 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.\n \nThe 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.\n \nThe 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.\n \nThe 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. \n \n\n\n\n\n1 \n \n\n\nDetails of the person discharging managerial responsibilities / person closely associated \n \n\n\n\n\na) \n \n\n\nName \n \n\n\nWynnstay ESOP Trust (the \"ESOP\") \n\n\n\n\n2 \n \n\n\nReason for the notification \n \n\n\n\n\na) \n \n\n\n...

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