13 July 2026
Watkin Jones plc
('Watkin Jones' or the 'Company')
Issue of Sharesave options and PDMR shareholdings
Watkin Jones announces that on 10 July 2026, the Company granted options ("Options") over 2,217,345 ordinary shares pursuant to the Watkin Jones plc Sharesave Scheme.
The Options have a contract start date of 1 August 2026 and normally vest and become exercisable on completion of the three savings period. The exercise price, which was set in accordance with HM Revenue & Customs rules, is 16.80 pence per ordinary share.
Within the Options described above, Options over 65,000 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 the transactions is set out below.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1 |
Details of the person discharging managerial responsibilities / person closely associated
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a) |
Name |
Alex Pease
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2 |
Reason for the notification
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a) |
Position/status |
Chief Executive Officer
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b) |
Initial notification/ Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) |
Name |
Watkin Jones plc
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b) |
LEI |
2138009X19O21NU5SG79
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of £0.01 each
ISIN: GB00BD6RF223
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b) |
Nature of the transaction
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Grant of SAYE options |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information
-Aggregated volume
-Price |
N/A |
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e) |
Date of the transaction |
10 July 2026 |
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f) |
Place of the transaction |
Outside of a trading venue
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- Ends -
For further information:
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Watkin Jones plc |
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Alex Pease, Chief Executive Officer |
Tel: +44 (0) 20 3617 4453 |
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Simon Jones, Chief Financial Officer |
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Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker) |
Tel: +44 (0) 20 7418 8900 |
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Mike Bell / Ed Allsopp |
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Singer Capital Markets (Joint Corporate Broker) |
Tel: +44 (0) 20 7496 3000 |
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Sara Hale / Graham Hertrich / James Todd |
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Media enquiries:
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MHP (Financial PR) |
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Reg Hoare / Rachel Farrington / Catherine Chapman |
Tel: +44 (0) 7711 191518 |
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Notes to Editors
Watkin Jones is the UK's leading developer and manager of residential for rent, with a focus on the build to rent, student accommodation and affordable housing sectors. The Group has strong relationships with institutional investors, and a reputation for successful, on-time-delivery of high-quality developments. Since 1999, Watkin Jones has delivered over 51,000 student beds across 150 sites, making it a key player and leader in the UK purpose-built student accommodation market, and is increasingly expanding its operations into the build to rent sector, where it has delivered 3,400 apartments across 19 schemes to date. In addition, Fresh, the Group's specialist accommodation management business, manages c.21,000 student beds and build to rent apartments on behalf of its institutional clients. Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments.
The Group's competitive advantage lies in its experienced management team and capital-light business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.
Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L. For additional information please visit www.watkinjonesplc.com.