Watkin Jones plc Issue of Sharesave options and PDMR shareholding
02 July 2024 - 7:23PM
RNS Regulatory News
RNS Number : 7984U
Watkin Jones plc
02 July 2024
|
For immediate
release
|
2 July 2024
|
Watkin Jones plc
('Watkin Jones' or
the 'Company')
Issue of
Sharesave options and PDMR shareholding
Watkin Jones announces that on 1
July 2024, the Company granted options ("Options") over 582,534
ordinary shares pursuant to the Watkin Jones plc Sharesave
Scheme.
The Options have a contract start
date of 1 August 2024 and normally vest and become exercisable on
completion of the three year savings period. The exercise price,
which was set in accordance with HM Revenue & Customs rules, is
39.07 pence per ordinary share.
Within the Options described above,
Options over 23,739 ordinary shares were granted to Alex Pease,
Chief Executive Officer. The Notification of Dealing Form provided
in accordance with the requirements of MAR in relation to this
transaction is set out below.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Alex Pease
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Executive Director/PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Watkin Jones plc
|
|
b)
|
LEI
|
2138009X19O21NU5SG79
|
|
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, type of instrument
Identification code
|
Ordinary Shares of £0.01
each
ISIN: GB00BD6RF223
|
|
b)
|
Nature of the transaction
|
Grant of SAYE options
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
No. of shares
|
|
39.07p
|
23,739
|
|
|
d)
|
Aggregated information
-
Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
1 July 2024
|
|
f)
|
Place of the transaction
|
Outside of a
trading venue
|
- Ends
-
|
Watkin Jones plc
|
|
|
Alex Pease, Chief Executive
Officer
|
Tel: +44
(0) 20 3617 4453
|
|
Simon Jones, Chief Financial
Officer
|
www.watkinjonesplc.com
|
|
|
|
|
Peel Hunt LLP (Nominated
Adviser & Joint Corporate Broker)
|
Tel: +44
(0) 20 7418 8900
|
|
Mike Bell / Ed Allsopp
|
www.peelhunt.com
|
|
|
|
|
Jefferies Hoare Govett (Joint
Corporate Broker)
|
Tel: +44
(0) 20 7029 8000
|
|
James Umbers /David Sheehan/Paul
Bundred
|
www.jefferies.com
|
|
|
|
|
Media enquiries:
|
Burson Buchanan
|
|
|
Henry Harrison-Topham / Steph
Whitmore
|
Tel: +44
(0) 20 7466 5000
|
|
watkinjones@buchanan.uk.com
|
www.buchanan.uk.com
|
Watkin Jones was admitted to trading
on AIM in March 2016 with the ticker WJG.L. For additional
information please visit
www.watkinjonesplc.com
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