WJG.L

Watkin Jones Plc
Watkin Jones plc - Issue of Sharesave options and PDMR shareholding
2nd July 2024, 09:23
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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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