10 Jan 2017 14:23
10 January 2017
WEY EDUCATION PLC
("Wey" or the "Company")
Director/PDMR Shareholding
On 10 January 2017 the Company announced the issue of deferred consideration shares in relation to the acquisition of InterHigh. The shares have been issued to Mr and Mrs P Daniell who are respectively the Principal of InterHigh and a director of the Company. Following the issue Mr and Mrs Daniell are now interested in a total of 13,065,157 Ordinary Shares representing approximately 13.28 per cent. of the Company's issued share capital.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mrs Jacqueline Daniell / Mr P Daniell | ||||
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
Identification code | Ordinary shares of 1p each
GB00B54NKM12 | ||||
b) | Nature of the transaction | Receipt of deferred consideration shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
2,640,364 £101,654 | ||||
e) | Date of the transaction | 9 January 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
Contacts: | |
Wey Education plc | www.weyeducation.com |
David Massie
| +44 (0) 207 518 9700
|
WH Ireland Limited | Nominated Adviser & Broker |
Mike Coe, Ed Allsopp | +44 (0) 117 945 3470 |