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Last checked at 
4 Nov 2008 14:48
Wynnstay Group plc
(the "Company")
Scrip dividend election and Directors' shareholdings
The Company announces the following information in relation to the ordinary share capital of the Company:
Elections to accept the scrip dividend alternative with regard to the interim dividend for the year ended 31st October 2008 paid on 31st October 2008 were received from the holders of 4,949,538 ordinary shares of 25p each in the Company ("Ordinary Shares"), in aggregate, representing approximately 34.4% of the Ordinary Shares in issue on 3rd October 2008, being the record date for the final dividend. Accordingly, 42,625 new Ordinary Shares were issued in satisfaction of such elections at an equivalent price of £2.326 each, increasing the enlarged issued Ordinary Share capital of the Company to 14,422,235 Ordinary Shares. The cost to the Company of the dividend paid in cash amounts to approximately £188,601 in total.
In the issue, the following directors received new Ordinary Shares in lieu of cash dividends:
|
Name |
No. of new Ordinary Shares |
New shareholding |
% of enlarged Ordinary Share capital |
|
Mr J.M. Jones |
1,206 |
141,419 |
0.98% |
|
Mr K.R. Greetham |
61 |
15,245 |
0.11% |
|
Mr J.E. Davies |
443 |
52,060 |
0.36% |
|
Mr E.E. Hughes |
449 |
58,458 |
0.41% |
|
Mr J.C. Kendrick |
78 |
9,233 |
0.06% |
|
Mr E.G. Owen |
198 |
23,175 |
0.16% |
|
Lord Carlile of Berriew |
250 |
41,787 |
0.29% |
Application has been made for the new Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence and CREST member accounts are expected to be credited on 10th November 2008.
For further details please contact:
|
Mr Paul Roberts, Wynnstay Group plc |
Tel: 01691 828512 |
|
Mr David Youngman, WH Ireland Limited |
Tel: 0161 832 2174 |
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