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Last checked at 
4 Oct 2022 07:00
RNS |
4 October 2022 |
Synectics plc
("Synectics" or the "Company")
Director/PDMR dealings
Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, has been notified that on 3 October 2022, the Trustee of the Company's HMRC Approved Employee Share Acquisition Plan ("ESAP") purchased a total of 13,869 ordinary shares of 20 pence each in the Company ("Ordinary Shares") at a price of £1.10 per share in accordance with the ESAP's rules and on behalf of all ESAP participants, in respect of the six-month accumulation period ended on 30 September 2022.
Under the terms of the ESAP, participating members, including employees and a Director of the Company, contribute a fixed amount to the Trustee on a monthly basis. The Trustee acquires a number of shares at the end of the six-month accumulation period (the "Period") based upon the contributions made in the Period and determined by the lowest share price at either the beginning of the Period or on the date of purchase. In this instance, the share price used for the allocation of the number of shares for ESAP purposes was the price per share on the date of purchase which was £1.10.
As a result of this purchase, the Company has been notified that the following Executive Director and PDMR have acquired the following interests in Ordinary Shares:
Name |
Position |
Status | Number of Ordinary Shares purchased by the Trustee |
Paul Webb | Chief Executive | Executive Director | 819 |
Greg Alcorn | Divisional Director | PDMR | 818 |
Following these purchases, the interests of Messrs Webb and Alcorn in the shares of the Company are as follows:
Name |
Number of Ordinary Shares Held | Interest in Ordinary Shares in Share Schemes |
Resultant Total Interest |
% of Issued Share Capital |
Paul Webb | 57,115 | 513,176 | 570,291 | 3.20 |
Greg Alcorn | 0 | 47,427 | 47,427 | 0.27 |
For further information, please contact:
Synectics plc | Tel: +44 (0) 114 280 2828 |
Claire Stewart, Company Secretary | |
email: legalandsecretarial@synecticsplc.com | www.synecticsplc.com |
Shore Capital | Tel: +44 (0) 20 7408 4050 |
Tom Griffiths / David Coaten
|
Ends
About Synectics plc
Synectics (AIM: SNX) is a leader in the design, integration and support of advanced security and surveillance systems that enable clients around the world to protect their people, communities, and assets.
Founded over 30 years ago, Synectics has deep industry experience across gaming, energy, urban transport, public space and critical infrastructure projects. The Group's expert engineering teams work in partnership with customers to create integrated product and technology solutions, proven in the most complex and demanding operating environments.
Find out more at www.synecticsplc.com
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