Business
Exercise of options, PDMR Transactions and TVR
Exercise of options, PDMR Transactions and TVR.
About this update from Wynnstay Group Plc
[{"type":"text","content":"\n \n \n \n \n \n \n AIM: WYN \n \n \n \n \n Wynnstay Group plc\n \n \n \n \n (\"Wynnstay\" or \"the Company\")\n \n \n \n \n \n \n \n \n \n Exercise of Options, PDMR Transactions and Total Voting Rights\n \n \n \n \n \n \n \n \n Wynnstay, the agricultural supplies group, announces the allotment of 141,766\n new ordinary shares of 25p each in the Company (\"Ordinary Shares\"),\n which have been issued in satisfaction of eligible exercises and anticipated exercises of share options under the Company's Performance Share Plan (\"PSP\"), a long-term incentive scheme, at an exercise price of £nil per Ordinary Share. A total of 68,441 Ordinary Shares have been issued to eligible participants in the scheme following the satisfaction of the PSP performance conditions, and 73,325 Ordinary Shares issued to the Company's Employee Benefit Trust (\"ESOP\") in anticipation of future deferred exercises of options under the same scheme.\n \n \n \n \n \n Application has been made for the new Ordinary Shares to be admitted to trading on AIM, and dealings are expected to commence on 3 March 2023.\n \n \n Under the issue, as set out in the dealing notifications below, two Executive Directors of the Company, being Gareth Davies, Chief Executive Officer, and Paul Roberts, Finance Director, received new Ordinary Shares. Gareth Davies, Chief Executive Officer, received 13,948 Ordinary Shares and subsequently sold 6,974 Ordinary Shares at price of 531 pence per Ordinary Share. Paul Roberts, Finance Director, received 11,159 Ordinary Shares and subsequently sold 11,159 Ordinary Shares at a price of 531 pence per Ordinary Share.\n \n \n \n \n \n Following these transactions, Gareth Davies, Chief Executive Officer, has a total beneficial interest in 47,087 Ordinary Shares, representing 0.2% of the issued share capital of the Company, and Paul Roberts, Finance Director has a total beneficial interest in 98,998 Ordinary Shares, representing 0.4% of the issued share capital of the Company.\n \n \n \n \n \n In addition, certain employees, excluding the Executive Directors, sold 36,884 Ordinary Shares to the Company's ESOP Trust at a price of 531 pence per Ordinary Share. Following the allotment and purchase, the ESOP Trust has a total interest in 127,043 Ordinary Shares, representing 0.6% of the issued share capital of the Co...