Issue of Sharesave options and PDMR shareholdings
Company granted Sharesave options to 4.4m shares at 23.35p exercise price on 27 June 2025.
- Sharesave options granted 4,399,277 shares
- Exercise price 23.35 pence per share
- Options granted to CEO (Alex Pease) 39,293 shares
- Options granted to CFO (Simon Jones) 78,586 shares
- Contract start date 1 August 2025
- Vesting periods 3 or 5 years
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Watkin Jones announces that on 27 June 2025, the Company granted options ("Options") over 4,399,277 ordinary shares pursuant to the Watkin Jones plc Sharesave Scheme.
The Options have a contract start date of 1 August 2025 and normally vest and become exercisable on completion of the three or five year savings period. The exercise price, which was set in accordance with HM Revenue & Customs rules, is 23.35 pence per ordinary share.
Within the Options described above, Options over 39,293 ordinary shares were granted to Alex Pease, Chief Executive Officer and 78,586 to Simon Jones, Chief Financial Officer. The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the transactions are 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 23.35 39,293 |
| d) | Aggregated information -Aggregated volume -Price | N/A |
| e) | Date of the transaction | 27 June 2025 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Simon Jones |
| 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 23.35 78,586 |
| d) | Aggregated information -Aggregated volume -Price | N/A |
| e) | Date of the transaction | 27 June 2025 |
| f) | Place of the transaction | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.