Issue of Sharesave options and PDMR shareholding
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your WJG notes
Watkin Jones announces that on 1 July 2024, the Company granted options ("Options") over 582,534 ordinary shares pursuant to the Watkin Jones plc Sharesave Scheme.
The Options have a contract start date of 1 August 2024 and normally vest and become exercisable on completion of the three year savings period. The exercise price, which was set in accordance with HM Revenue & Customs rules, is 39.07 pence per ordinary share.
Within the Options described above, Options over 23,739 ordinary shares were granted to Alex Pease, Chief Executive Officer. The Notification of Dealing Form provided in accordance with the requirements of MAR in relation to this transaction is set out below.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Alex Pease |
| 2 | Reason for the notification | |
| a) | Position/status | Executive Director/PDMR |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Watkin Jones plc |
| b) | LEI | 2138009X19O21NU5SG79 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of £0.01 each ISIN: GB00BD6RF223 |
| b) | Nature of the transaction | Grant of SAYE options |
| c) | Price(s) and volume(s) | Price No. of shares 39.07p 23,739 |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 1 July 2024 |
| f) | Place of the transaction | Outside of a trading venue |
| Watkin Jones plc | ||
| Alex Pease, Chief Executive Officer | Tel: +44 (0) 20 3617 4453 | |
| Simon Jones, Chief Financial Officer | www.watkinjonesplc.com | |
| Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker) | Tel: +44 (0) 20 7418 8900 | |
| Mike Bell / Ed Allsopp | www.peelhunt.com | |
| Jefferies Hoare Govett (Joint Corporate Broker) | Tel: +44 (0) 20 7029 8000 | |
| James Umbers /David Sheehan/Paul Bundred | www.jefferies.com | |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.