Last checked at 27 Feb 2018 15:24
27 February 2018
Jaywing plc
("Jaywing" or the "Company")
Director/PDMR Shareholding
Further to the Company's announcement released today regarding a Placing to raise up to £1.3 million, the following Directors have confirmed their agreement to participate in the Placing by subscribing for Placing Shares at the Placing Price, representing £95,000 in aggregate, subject to the passing of the Resolutions at the General Meeting.
Accordingly, conditional upon the passing of the Resolutions at the General Meeting, an application will be made for the total number of Placing Shares, being 6,536,450, to be admitted to trading on AIM on 15 March 2018. The gross monies raised in the Placing will therefore be £1,307,290.
Following Admission, the Company will have 93,432,217 Ordinary Shares in issue, of which 99,622 are currently held in Treasury. Accordingly, the total number of voting rights of the Company's Ordinary Shares immediately following Admission is expected to be 93,332,595.
Capitalised terms shall have the same meaning as those defined in the Company's announcement published today under RNS No. 9839F.
Details of the Placing Shares for which the Directors will be purchasing and their resultant shareholdings are displayed below:
Name
| Title | Number of Ordinary Shares currently held | Number of Placing Shares subscribed | Purchase Price (pence) | Total beneficial interest in Ordinary Shares following Admission | Percentage of Enlarged Share Capital carrying voting rights |
Ian Robinson | Deputy Chairman | 370,267 | 100,000 | 20 | 470,267 | 0.50% |
Philip Hanson | Non-Executive Director | 34,462 | 75,000 | 20 | 109,462 | 0.12% |
Rob Shaw | Chief Executive Officer | 124,869 | 50,000 | 20 | 174,869 | 0.19% |
Adrian Lingard | Chief Operating Officer | 61,000 | 50,000 | 20 | 111,000 | 0.12% |
Mike Sprot | Chief Financial Officer | 18,519 | 50,000 | 20 | 68,519 | 0.07% |
Martin Boddy | Executive Chairman | 4,916,667 | 100,000 | 20 | 5,016,667 | 5.38% |
Andy Gardner | Chief Strategy Officer | 4,987,470 | 50,000 | 20 | 5,037,470 | 5.40% |
Enquiries:
Jaywing plc (www.jaywingplc.com)
Michael Sprot (Company Secretary) Tel: 0114 281 1200
Cenkos Securities plc
Nicholas Wells/Callum Davidson (Nomad) Tel: 0207 397 8920