12 Apr 2017 13:28
Date: Wednesday 12th April 2017
On behalf of: Jaywing plc ("the Company" or "the Group")
Jaywing plc
("Jaywing" or "the Company")
Exercise of Options
Issue of Equity
and
Directors' Dealings
Jaywing plc (AIM: JWNG), announces that options to subscribe for an aggregate of 185,869 ordinary shares of £0.05 each ("Ordinary Shares") in the Company have today been exercised by certain directors of the Company, pursuant to the Company's Performance Share Plan.
Directors Robert Shaw, CEO UK & Australia and Adrian Lingard, COO, have exercised options over 124,869 Ordinary Shares and 61,000 Ordinary Shares respectively. Following this exercise, Robert Shaw and Adrian Lingard will hold a total of 124,869 Ordinary Shares and 61,000 Ordinary Shares in the Company respectively.
An application has been made to the London Stock Exchange for 185,869 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on 20 April 2017.
Following Admission, the Company will have 86,895,767 ordinary shares in issue admitted to trading on AIM.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | 1. Robert Shaw 2. Adrian Lingard | ||||
2 | Reason for the notification | |||||
a) | Position/status | 1. Chief Executive Officer (UK & Australia) & Board Director 2. Chief Operating Officer & Board Director | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Jaywing plc | ||||
b) | LEI | N/A | ||||
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 £0.05 each
ISIN: GB00B1FPT10 | ||||
b) | Nature of the transaction | Exercise of options
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Volume: 185,869 Weighted average price: £0.05
| ||||
e) | Date of the transaction | 12 April 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries:Jaywing plcMichael Sprot (Company Secretary) Tel: 0114 281 1200
Cenkos Securities plc
Ivonne Cantu/Callum Davidson(Nomad) Tel: 0207 397 8920
Jaywing (JWNG)