WYG Regulatory News (WYG)

(a) Full name of discloser:

WYG plc

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

-

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

WYG plc

(d) Is the discloser the offeror or the offeree?

OFFEREE

(e) Date position held:

3 February 2015

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

NO

Class of relevant security:

Ordinary Shares of 0.1 pence each

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

Nil

0

Nil

0

(2) Cash-settled derivatives:

Nil

0

Nil

0

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

Nil

0

Nil

0

TOTAL:

Nil

0

Nil

0

Class of relevant security in relation to which subscription right exists:

None

Details, including nature of the rights concerned and relevant percentages:

None

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

Director

Number of WYG plc shares

Percentage of existing WYG plc Shares (66,985,706)

Paul Hamer

126,842

0.19%

Sean Cummins

15,144

0.02%

Mike McTighe

200,000

0.30%

David Jeffcoat

190,264

0.28%

Robert Barr

20,025

0.03%

Director

Transformation Incentive Plan (TIP) (Note 1)

Chairman's

Matching

Share Award (Note 2)

Vested

Not yet vested

Total

Vested

Not yet vested

Total

Paul Hamer

1,437,906

2,875,814

4,313,720

Sean Cummins

647,058

1,294,116

1,941,174

Graham Olver

647,058

1,294,116

1,941,174

Mike McTighe

287,581

575,162

862,743

500,000

500,000

In accordance with the rules of the TIP, the Awards have been granted as a conditional allocation of Ordinary Shares with a nominal value exercise price and no shareholder rights will be conferred upon the awardholders until the Awards have vested and Ordinary Shares are acquired. Such vesting is subject to the achievement of the share price threshold targets for the Ordinary Shares shown in the table below. The vested Awards have not been exercised by the holders and, if not exercised, will expire on the tenth anniversary of the Award date. Any Awards that remain unvested will expire automatically on 12 July 2016.

Performance Threshold for TIP

(Ordinary Share price level for 25 consecutive trading days)

Percentage of Award vesting

£1.50 or above

100%

£1.25 or above

66.66%

£1.00 or above

33.33%

Less than £1.00

Nil

A share matching arrangement, whereby the Chairman's investment of £100,000 in the Company's capital restructuring can be matched on a 2.5 to 1 basis after three years providing that the Chairman remains on the Board for this period.

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

3 February 2015

Benjamin Whitworth, Company Secretary

+44 (0)113 219 2254