Business
Grant of Options and PDMR Dealings
Grant of Options and PDMR Dealings.
About this update from Wynnstay Group Plc
[{"type":"text","content":"\n\nWynnstay Group plc\n(\"the Company\")\n \nGrant of Options under the Employee Save As You Earn Scheme and PDMR Dealings\n \nFollowing new invitations to participate in the Company's established Save As You Earn Scheme, which is approved by H.M. Revenue and Customs (the \"SAYE Scheme\"), the Company provides the following update.\n \nPursuant to the SAYE Scheme, certain employees have elected to participate, resulting in options over a total of 150,506 ordinary shares of 25 pence each in the Company (\"SAYE Options\") being granted on 12 March 2024 at a price of 320 pence per share, being calculated in accordance with the rules of the SAYE Scheme.\n \nThe following persons discharging management responsibility (\"PDMRs\") have elected to participate in the SAYE Scheme and their SAYE Options are included in the total figures above.\n \n\n\n\n\nName\n\n\nPosition\n\n\nNumber of SAYE Options\n\n\n\n\nGareth Wynn Davies\n\n\nCEO\n\n\n1,091\n\n\n\n\nClaire Alexander Williams\n\n\nCompany Secretary\n\n\n1,428\n\n\n\n\n \n \nSubject to the rules of the SAYE Scheme, the SAYE Options are exercisable between April 2027 to September 2027. The exercise of the SAYE Options is not dependent upon the satisfaction of performance criteria. 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.\n \nThe notifications below, made in accordance with Article 19 of the UK Market Abuse Regulation, provide further detail.\n \nFor further enquiries please contact:\n \n\n\n\n\nWynnstay Group plc\n\n\nSteve Ellwood, Executive Chairman\nRob Thomas, Group Finance Director\n\n\nT: 01691 827118\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKTZ Communication\n\n\nKatie Tzouliadis / Robert Morton\n\n\nT: 020 3178 6378\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nShore Capital (Nomad)\n\n\nStephane Auton/ Tom Knibbs / Rachel Goldstein (Corporate Advisory)\nHenry Willcocks (Corporate Broking)\n\n\nT: 020 7408 4090\n\n\n\n\n \n \n\n\n\n\n1\n\n\...