Director Dealings

RNS Number : 6315H

M Winkworth Plc

01 December 2015

 

1 December 2015

M Winkworth plc

Director Dealings

The Company received notification on 27 November 2015 that, on 27 November 2015, Chris Neoh (a director of the Company) exercised 57,000 options over the ordinary 0.5p shares in the Company ("Ordinary Shares"). The options were exercised at a price of 110 pence per share and had been held within the Company's EMI Share Option Scheme ("Scheme");

An application form for admission to trading on AIM of the 57,000 new ordinary shares has been submitted to the London Stock Exchange and trading is expected to commence on or around 7 December 2015. The shares will be held in a nominee account in the name of Maria Neoh (the wife of Chris Neoh).

Following the issue of the new ordinary shares, the Company's total issued share capital will consist of 12,733,238 Ordinary Shares ("Enlarged Issued Share Capital") with one voting right per Ordinary Share. The Company does not hold any shares in treasury. Therefore, following the issue of the new ordinary shares, the total number of voting rights in the Company will be 12,733,238.

Following the option exercise, Chris Neoh will have a beneficial interest in 69,500 Ordinary Shares representing 0.55% of the Enlarged Issued Share Capital.

For further information please contact:

M Winkworth PLC	Tel : [phone]
Dominic Agace (Chief Executive Officer)
Chris Neoh (Chief Financial Officer)
Susannah Sheppard (Corporate PR)
Milbourne	Tel : [phone]
Tim Draper (Financial PR)
Liberum Capital Limited (NOMAD and Broker)	Tel: [phone]
Tom Fyson / Christopher Britton

About Winkworth

Winkworth is a leading franchisor of residential real estate agencies and is admitted to trading on the AIM Market of the London Stock Exchange.

Established in Mayfair in 1835, Winkworth has a pre-eminent position in the mid to upper segments of the central London residential sales and lettings markets. In total the company operates from some 100 offices, having expanded consistently in recent years.

The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a well-respected brand name and to benefit from the support and promotion that Winkworth offers. Franchisees deliver in-depth local knowledge and a highly personalised service to their clients.

For further information please visit: www.winkworthplc.com

 

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