Last checked at 22 Dec 2014 13:00
Date: Monday 22nd December
On behalf of: Jaywing plc ("the Company" or "the Group")
Jaywing plc
("Jaywing" or "the Company")
Directors' Dealings
The Company announces that Stephen Davidson, Deputy Chairman, has today exercised nil cost options over 1,754,386 ordinary shares of 5 pence each ("Ordinary Shares") and subsequently sold 893,275 shares at a price of 27p per share. Following this transaction, Mr Davidson holds 1,650,453 ordinary shares representing approximately 2.16% of the enlarged total voting rights of the Company. Application has been made for the Ordinary Shares to be admitted to trading in AIM ("Admission"). It is expected that Admission will occur on 29 December 2014.
Furthermore, the Company has also been informed of the following purchases of shares by Directors today:
Director | Shares purchased at 27p each | Resultant total holding in Jaywing |
Ian Robinson, Chairman | 55,556 | 0.48% |
Michael Sprot, Finance Director | 18,519 | 0.02% |
Following Admission, the Company will have 76,359,385 Ordinary Shares in issue. There are 99,622 Ordinary Shares held in Treasury. The total number of voting rights in the Company is therefore 76,259,763. This number (76,259,763) may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or a change in their interest in, the Company under the Disclosure and Transparency Rules.
Lord Michael Ashcroft has today acquired a further 819,200 shares in the Company. Following this transaction, Lord Ashcroft holds 18,871,712 ordinary shares representing approximately 24.7% of the enlarged total voting rights of the Company.
Enquiries:Jaywing plcMichael Sprot (Company Secretary) Tel: 0114 281 1200
Cenkos Securities plc
Nicholas Wells (Nomad) Tel: 0207 397 8920