Wey Education PLC Director/PDMR Shareholding (9765Q)
25 June 2020 - 12:31AM
UK Regulatory
TIDMWEY
RNS Number : 9765Q
Wey Education PLC
24 June 2020
24 June 2020
WEY EDUCATION PLC
("Wey Education" or the "Company")
Director/PDMR Shareholding
Wey Education (AIM: WEY), the educational services group,
announces director dealings in the Company's shares.
Barrie Whipp, Chairman, has notified the Company that on 23 June
2020 his personal SIPP sold 491,000 ordinary shares of 1 pence each
in the Company ("Ordinary Shares") at an average price of 28.61
pence per Ordinary Share.
Following this transaction, further detailed below, Mr Whipp's
interest in the share capital of the Company is now 500,000
Ordinary Shares, representing 0.36 per cent. of the Company's
issued share capital.
Barrie Whipp commented, "WEY shares had become a significant
part of my personal pension plan and in consultation with the fund
manager we decided to reduce my holding. My direct non-SIPP holding
in WEY remains unchanged".
The below notifications made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Barrie Whipp
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2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chairman
------------------------------- ----------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Wey Education plc
------------------------------- ----------------------------------
b) LEI 2138009M9659SXKA3I32
------------------------------- ----------------------------------
4 Details of the transaction(s): section to be repeated
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
financial instrument, Ordinary shares of 1p each
type of instrument
GB00B54NKM12
Identification code
------------------------------- ----------------------------------
b) Nature of the transaction Sale
------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
28.61p 491,000
----------
------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume
491,000
- Price
GBP140,475.10
------------------------------- ----------------------------------
e) Date of the transaction 23 June 2020
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------- ----------------------------------
Enquiries:
Wey Education Plc
Barrie Whipp (Chairman) +44 (0) 7778 367 999
Barry Nichols-Grey (Executive Director - Finance) +44 (0) 1873 813 900
WH Ireland Limited
(Nominated Advisor and Broker)
James Joyce/ Chris Savidge (Corporate Finance) +44 (0) 20 7220 1666
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END
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