Director/PDMR Shareholding

RNS Number : 5602I
Synectics PLC
02 April 2020
 

Synectics plc

("Synectics" or the "Company")

 

Director/PDMR dealings

 

2 April 2020

 

Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems , has been notified that the Trustee of the Company's HMRC Approved Employee Share Acquisition Plan ("ESAP") purchased on 1 April 2020 13,875 ordinary shares of 20 pence each in the Company at £1.185 per share in accordance with the ESAP's rules and on behalf of all ESAP participants, in respect of the six-month accumulation period ended on 31 March 2020.

 

Under the terms of the ESAP, participating members, including employees and Directors of the Company, contribute a fixed amount to the Trustee on a monthly basis. The Trustee acquires a number of shares at the end of the six-month accumulation period (the "Period") based upon the contributions made in the Period and determined by the lowest share price at either the beginning of the Period or on the date of purchase. In this instance the share price used for the allocation of the number of Shares for ESAP purposes was the price per share on the date of purchase.

 

As a result of this purchase, the Company has been notified that the following Executive Director and PDMRs have acquired the following interests in shares of the Company:

 

Name

Position

Status

Number of Shares purchased by the Trustee

Paul Webb

Chief Executive

Executive Director

760

Greg Alcorn

Divisional Director

PDMR

760

David Lowe

Business Strategy Director

PDMR

759

Mark Pennington

Managing Director: QSG

PDMR

506

 

Following this purchase, the interests of Paul Webb, Greg Alcorn, David Lowe and Mark Pennington in the shares of the Company are as follows:

 

Name

Shares Held

Interest in Shares in Share Schemes

Resultant Total Interest

% of Issued Share Capital

Paul Webb

52,115

233,909

286,024

1.61%

Greg Alcorn

-

3,237

3,237

0.02%

David Lowe

10,000

20,759

30,759

0.17%

Mark Pennington

-

10,506

10,506

0.06%

 

For further information, please contact:

 

Synectics plc

Claire Stewart, Company Secretary

Tel: +44(0)   114 280 2828

 

Shore Capital
Tom Griffiths / Henry Willcocks
Tel: +44 (0) 20 7408 4050

 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

   1

 

Details of the person discharging managerial responsibilities / person closely associated  

a)

 

Names 

Paul Webb

2

 

Reason for the notification

a)

 

Position/status

 

Executive Director

b)

 

Initial notification /Amendment 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name 

Synectics plc

b)

 

LEI

213800C1F7YZH96U2Z49

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

 

Ordinary Shares of 20p each

b)

Identification code 

 

GB0007156838

c)

 

Nature of the transaction 

 

Purchase (by employee share acquisition plan)

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

1185p

760 shares

d)

 

Aggregated information 

- Aggregated volume

- Price

 

n/a

e)

 

Date of the transaction 

1 April 2020

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

   1

 

Details of the person discharging managerial responsibilities / person closely associated  

a)

 

Names 

Greg Alcorn

2

 

Reason for the notification

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name 

Synectics plc

b)

 

LEI

213800C1F7YZH96U2Z49

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

 

Ordinary Shares of 20p each

b)

Identification code 

 

GB0007156838

c)

 

Nature of the transaction 

 

Purchase (by employee share acquisition plan)

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

1185p

760 shares

d)

 

Aggregated information 

- Aggregated volume

- Price

 

n/a

e)

 

Date of the transaction 

1 April 2020

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

   1

 

Details of the person discharging managerial responsibilities / person closely associated  

a)

 

Names 

David Lowe

2

 

Reason for the notification

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name 

Synectics plc

b)

 

LEI

213800C1F7YZH96U2Z49

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

 

Ordinary Shares of 20p each

b)

Identification code 

 

GB0007156838

c)

 

Nature of the transaction 

 

Purchase (by employee share acquisition plan)

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

1185p

759 shares

d)

 

Aggregated information 

- Aggregated volume

- Price

 

n/a

e)

 

Date of the transaction 

1 April 2020

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

   1

 

Details of the person discharging managerial responsibilities / person closely associated  

a)

 

Names 

Mark Pennington

2

 

Reason for the notification

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name 

Synectics plc

b)

 

LEI

213800C1F7YZH96U2Z49

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

 

Ordinary Shares of 20p each

b)

Identification code 

 

GB0007156838

c)

 

Nature of the transaction 

 

Purchase (by employee share acquisition plan)

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

1185p

506 shares

d)

 

Aggregated information 

- Aggregated volume

- Price

 

n/a

e)

 

Date of the transaction 

1 April 2020

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

 

 


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