Synectics PLC Director/PDMR Shareholding (1191X)
May 03 2016 - 11:33AM
UK Regulatory
TIDMSNX
RNS Number : 1191X
Synectics PLC
03 May 2016
3 May 2016
Synectics plc
(the "Company")
Director PDMR shareholding
The Company has been notified that the Trustee of the Company's
HMRC Approved Employee Share Acquisition Plan ("ESAP") has
purchased 13,500 ordinary shares of 20 pence each in the Company in
accordance with the ESAP's rules and on behalf of all ESAP
participants.
The shares were purchased on 29 April 2016 at a price of 162
pence each in respect of the six month accumulation period ended on
31 March 2016.
Under the terms of the ESAP, participating members, including
employees and certain Directors of the Company, contribute a fixed
amount to the Trustee on a monthly basis. The Trustee acquires a
number of shares in the Company 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 (162 pence).
As a result of these purchases, the Company has been notified
that Paul Webb and Mike Stilwell, Directors of the Company, have
acquired an interest in 463 shares and 555 shares respectively.
Following the share purchase in relation to the ESAP, the
interests of Paul Webb and Mike Stilwell in Synectics shares are as
follows:
% of
Interest Resultant Issued
Beneficial in Share Total Share
Name Position Interest Schemes Interest Capital
--------------------- ----------------------- ------------- ---------- ---------- ---------
Paul Webb Chief Executive 10,000 289,346 299,346 1.68%
--------------------- ----------------------- ------------- ---------- ---------- ---------
Finance
Mike Stilwell Director 6,910 49,129 56,039 0.31%
--------------------- ----------------------- ------------- ---------- ---------- ---------
For further information, please contact:
Synectics plc Tel: +44 (0) 1527 850080
Richard Brierley, Deputy legalandsecretarial@synecticsplc.com
Company Secretary www.synecticsplc.com
Stockdale Securities Tel: +44 (0) 20 7601
6100
Tom Griffiths / Henry Willcocks
This information is provided by RNS
The company news service from the London Stock Exchange
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