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Last checked at 
2 Sep 2025 07:00
2 September 2025 |
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Synectics plc
("Synectics" or the "Company")
Director/PDMR Shareholding
Synectics plc (AIM: SNX), a leader in advanced security and surveillance solutions, announces that, on 1 September 2025, Amanda Larnder, Chief Executive Officer and an Executive Director of the Company, exercised options over 62,000 ordinary shares of 20 pence each in the Company ("Ordinary Shares") and David Aindow, Chief Strategy Officer for Synectic Systems and a PDMR of the Company, exercised options over 20,000 Ordinary Shares, in each case at a price of £3.15 per Ordinary Share ("Exercise Price"), which had vested under the performance criteria of the Company's Performance Share Plan ("PSP") and were granted on 1 August 2022 (the "Option Exercise").
In order to satisfy the tax liability due under each Option Exercise, the Company has implemented a net settlement arrangement. As such, 29,140 Ordinary Shares and 9,400 Ordinary Shares, respectively, were withheld from issue to Amanda Larnder and David Aindow at the Exercise Price, the value of which will be paid by the Company to His Majesty's Revenue and Customs by the Company on their behalf (the "Tax Liability").
Following the Option Exercise and net settlement of the Tax Liability, Amanda Larnder has been issued 32,860 Ordinary Shares and David Aindow has been issued 10,600 Ordinary Shares. In addition, on 1 September 2025, David Aindow, sold these 10,600 Ordinary Shares at a price of £3.150 per Ordinary Share.
The Ordinary Shares issued pursuant to the Option Exercise have been satisfied by way of a transfer of Ordinary Shares currently held by the Company's employee benefit trust. Further details of the PSP can be found in the Company's annual report and accounts at www.synecticsplc.com.
Summary of transactions:
Name | Position | Status | Number of options under the PSP exercised | Ordinary Shares issued (net of Tax Liability) | Number of Ordinary Shares sold |
Amanda Larnder | Chief Executive Officer | Executive Director | 62,000 | 32,860 | 0 |
David Aindow | Chief Strategy Officer, Synectic Systems | PDMR | 20,000 | 10,600 | 10,600 |
Following these transactions, their interests in Ordinary Shares are as follows:
Name | Number of Ordinary Shares Held | % of Issued Share Capital | Remaining interest in Options over Ordinary Shares |
Amanda Larnder | 37,816 | 0.2 | 1,102,000 |
David Aindow | 2,000 | 0.01 | 40,351 |
For further information, please contact:
Synectics plc Claire Stewart, Company Secretary email: info@synecticsplc.com | Tel: +44 (0) 114 280 2828 www.synecticsplc.com |
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Shore Capital | Tel: +44 (0) 20 7408 4090 |
Corporate Advisory: Tom Griffiths / David Coaten / George Payne Corporate Broking: Fiona Conroy |
Vigo Consulting Jeremy Garcia / Fiona Hetherington / Peter Jacob synectics@vigoconsulting.com | Tel: +44 (0) 20 7390 0230 | |
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About Synectics plc
Synectics plc (AIM: SNX) is a leader in advanced security and surveillance solutions that help protect people, property and assets around the world.
It transforms customer operations by seamlessly integrating systems, technologies, and data into a unified solution-enhancing safety, improving efficiency, and enabling smarter, faster decision-making and response capabilities.
With its technical expertise, decades of experience, and strong partnerships, Synectics sets itself apart by delivering innovation and service that drive real value and long-term success.
Find out more at www.synecticsplc.com.
The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation, is appended 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 (PCA) | |||||
a) | Name |
Executive Director:
PDMR:
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2 | Reason for the notification | |||||
a) | Position/status | See 1a) above | ||||
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
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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 Identification code | Ordinary Shares of 20 pence each GB0007156838 | ||||
b) | Nature of the transaction | Exercise of options under Performance Share Plan
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c) | Price(s) and volume(s) | Price: £3.150
Volumes:
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d) | Aggregated information - Aggregated volume - Price | N/A
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e) | Date of the transaction | 01 September 2025
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f) | Place of the transaction | AIM, London Stock Exchange
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1 | Details of the person discharging managerial responsibilities / person closely associated (PCA) | |||
a) | Name |
PDMR:
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2 | Reason for the notification | |||
a) | Position/status | See 1a) above | ||
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
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b) | LEI | 213800C1F7YZH96U2Z49
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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 20 pence each GB0007156838 | ||
b) | Nature of the transaction | Sale of Ordinary Shares
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c) | Price(s) and volume(s) | Price: £3.150
Volumes:
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d) | Aggregated information - Aggregated volume - Price | N/A
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e) | Date of the transaction | 01 September 2025
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f) | Place of the transaction | AIM, London Stock Exchange
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