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Director/PDMR Shareholding

Wed, 11th Mar 2020 16:23

RNS Number : 8272F
Synectics PLC
11 March 2020
 

Synectics plc

("Synectics" or the "Company")

 

Director/PDMR dealings

 

11 March 2020

 

Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, announces that on 11 March 2020, Darren Alder, a PDMR of the Company, exercised options over shares which had vested under the performance criteria of its Performance Share Plan ("PSP")  and sold the shares at a price of £1.485 per share as follows:

 

Name

Position

Status

PSP options exercised

Shares retained in own name

Shares sold

Darren Alder

Divisional Director

PDMR

10,000

-

10,000

 

Full details of the PSP are set out in the Company's Annual Report for the year ended 30 November 2018.

 

Following this transaction Darren Alder has no interests in the shares of the Company.

 

For further information, please contact:

 

Synectics plc

Claire Stewart, Company Secretary

Tel: +44(0) 114 280 2828

 

Shore Capital
Tom Griffiths / Henry Willcocks
Tel: +44 (0) 20 7408 4050

 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

  1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Darren Alder

2

 

Reason for the notification

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name 

Synectics plc

b)

 

LEI

213800C1F7YZH96U2Z49

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

 

Ordinary Shares of 20p each

b)

Identification code 

 

GB0007156838

c)

 

Nature of the transaction 

 

Exercise of options and subsequent on-market sale of shares

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

Nil (exercise price)

1485p (sale price)

10,000 shares

10.000 shares

 

d)

 

Aggregated information 

- Aggregated volume

- Price

 

n/a

e)

 

Date of the transaction 

11 March 2020

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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