29 Jun 2017 07:01
29 June 2017
WEY EDUCATION PLC
("Wey" or the "Company")
Director/PDMR Shareholding
On 29 June 2017 the Company announced the issue of share awards to David Massie in relation to the satisfaction of conditions related to share awards. The shares have been issued to Mr Massie a director of the Company. Following the issue Mr Massie is now interested in a total of 20,183,173 Ordinary Shares representing approximately 19.5 per cent. of the Company's issued share capital.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Mr David Massie | |
2 | Reason for the notification | ||
a) | Position/status | Director | |
b) | Initial notification/ Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Wey Education plc | |
b) | LEI | N/A | |
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 1p each
| |
Identification code
| GB00B54NKM12
| ||
b) | Nature of the transaction | Receipt of share award | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil | 1,000,000 | ||
1.0p | 1,666,666 | ||
d) | Aggregated information | ||
Aggregated volume | 2,666,666 | ||
Price | £16,666.66 | ||
e) | Date of the transaction | 29 June 2017 | |
f) | Place of the transaction | London Stock Exchange, AIM | |
Contacts:
Wey Education Plc +44 (0) 207 518 9700
David Massie (Chairman) +44 (0)7885 957958
WH Ireland Limited
(Nominated Advisor and Broker)
Mike Coe/Ed Allsopp (Corporate Finance) +44 (0) 117 945 3470