Last checked at 1 Oct 2013 14:19
1 October 2013
AIM:WYN
Wynnstay Group plc
("Wynnstay" or the "Group" or the "Company")
Issue of Equity
On 1 October 2013, the Company issued 357,406 new ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") following the exercise of eligible options under a number of the Company's existing employee share schemes as shown in the table below (the "Option Shares").
Scheme Name | No. Options being Exercised & New Ordinary Shares Issued |
Exercise Price per Share |
Approved SAYE 2008 | 312,856 | £2.20 |
Approved CSOP 2008 | 36,550 | £2.53 |
Unapproved 2008 | 8,000 | £2.53 |
Included in the allotment above relating to the Approved SAYE 2008 scheme, the executive directors of the Company exercised options as follows:
Name | No. Options being Exercised |
New shareholding | % of enlarged Share capital |
Mr D.A.T. Evans | 5,918 | 18,895 | 0.10% |
Mr B.P. Roberts | 2,219 | 105,219 | 0.56% |
Mr K.R. Greetham | 5,918 | 39,969 | 0.21% |
An application has been made for the Option Shares to be admitted to trading on AIM which is expected to occur at 8.00 am on 2 October 2013 ("Admission").
On 1 October 2013, certain of the employee recipients of the above allotments, but not including the executive directors, sold their Option Shares, amounting in aggregate to 129,574 Ordinary Shares, to the Wynnsay ESOP Trust at a price of 574 pence per share. Also on 1 October 2013, the Wynnstay ESOP Trust disposed of 135,174 Ordinary Shares at a price of 574 pence per share. Following this disposal, the Wynnstay ESOP Trust now holds Nil Ordinary Shares of the total issued share capital of the Company as enlarged by Admission.
Following Admission, the Company's issued share capital and total voting rights comprises 18,832,306 Ordinary Shares. No shares were held in treasury at the date of this announcement. The total current voting rights in the Company is therefore 18,832,306.
The above figure (18,832,306 Ordinary Shares) is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.
Enquiries:
Wynnstay Group plc | Ken Greetham, Chief Executive Paul Roberts, Finance Director | T: 01691 828512
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Biddicks | Katie Tzouliadis / Alex Shilov | T: 020 3178 6378 |
Shore Capital (Nomad) | Stephane Auton / Patrick Castle | T: 020 7408 4090 |