Last checked at 11 Mar 2020 16:23
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 CapitalTom Griffiths / Henry WillcocksTel: +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) |
| ||||
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) | ||||