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Last checked at 
23 Jul 2014 11:49
AIM: WYN
Wynnstay Group plc
(the "Company")
Employee Save As You Earn Scheme and Directors' Dealings
The Company announces that it has issued new invitations under an established Save As You Earn (the "SAYE Scheme"). The SAYE Scheme is approved by H.M. Revenue and Customs.
Pursuant to the SAYE Scheme, certain employees have chosen to participate resulting in them receiving options to subscribe for up to 352,696 ordinary shares of 25 pence each in the Company ("SAYE Options") at a price of 506 pence per share. Included in this total of SAYE Options, the following directors were granted SAYE Options on 22 July 2014 as set out below:
Director name | Number of SAYE Options |
Kenneth Richard Greetham | 2,371 |
David Andrew Thomas Evans | 2,371 |
Bryan Paul Roberts | 1,185 |
Subject to certain conditions being satisfied, the entitlement to exercise the New Options arises during the period 22 July 2019 to 22 January 2020. Participants who choose to exercise their entitlements pursuant to the rules of the SAYE Scheme will meet the obligation to pay for exercise of the SAYE Options out of funds they have paid into the SAYE Scheme prior to such exercise. Participants in the SAYE Scheme may opt to withdraw from the SAYE Scheme, recovering paid-in funds, prior to that time.
For further enquiries please contact:
Wynnstay Group plc | Ken Greetham, Chief Executive Paul Roberts, Finance Director | T: 01691 827142
|
KTZ Communication | Katie Tzouliadis / Deborah Walter | T: 020 3178 6378 |
Shore Capital (Nomad) | Stephane Auton / Patrick Castle | T: 020 7408 4090 |
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