25 Jun 2020 09:59
25 June 2020
WEY EDUCATION PLC
("Wey Education" or the "Company")
Director/PDMR Shareholding
Wey Education (AIM: WEY), the educational services group, announces a number of director dealings in the Company's shares.
Tony Knowles, Executive Director - Human Resources, has notified the Company that on 24 June 2020 he sold 150,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 27.2 pence per Ordinary Share.
Following this transaction, further detailed below, Mr Knowles' interest in the share capital of the Company is now 66,862 Ordinary Shares, representing 0.05 per cent. of the Company's issued share capital.
Barry Nichols-Grey, Executive Director - Finance, has notified the Company that on 24 June 2020 he sold 40,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") held in his SIPP at a price of 28.56 pence per Ordinary Share.
Following this transaction, further detailed below, Mr Nichols-Grey's interest in the share capital of the Company is now 43,633 Ordinary Shares, representing 0.03 per cent. of the Company's issued share capital.
Barrie Whipp, Chairman commented "Both of these transactions represent diversification of the directors' individual investment and pension portfolios. Both directors retain a shareholding in the company and are aligned to its future success through the company's share option scheme."
The below notifications made 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
|
Tony Knowles | ||||
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
| 2138009M9659SXKA3I32
| ||||
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
| Sale | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
150,000
£40,788.00
| ||||
e)
| Date of the transaction
| 24 June 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
|
Barry Nichols-Grey | ||||
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
| 2138009M9659SXKA3I32
| ||||
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
| Sale | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
40,000
£11,424
| ||||
e)
| Date of the transaction
| 24 June 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||
Enquiries:
Wey Education Plc
Barrie Whipp (Chairman) +44 (0) 7778 367 999
Barry Nichols-Grey (Executive Director - Finance) +44 (0) 1873 813 900
WH Ireland Limited
(Nominated Advisor and Broker)
James Joyce/ Chris Savidge (Corporate Finance) +44 (0) 20 7220 1666