TIDMWYN

RNS Number : 5783D

Wynnstay Group PLC

28 April 2017

AIM: WYN

Wynnstay Group plc

(the "Company")

Scrip dividend elections and Directors' shareholdings

The Company announces the following information in relation to the ordinary share capital of the Company:

Elections to accept the scrip dividend alternative with regard to the final dividend for the year ended 31 October 2016 paid on 28 April 2017 were received from the holders of 2,838,442 ordinary shares of 25p each in the Company ("Ordinary Shares"), in aggregate, representing approximately 14.6% of the Ordinary Shares in issue on 31 March 2017, being the record date for the interim dividend. Accordingly, 35,103 new Ordinary Shares have been issued in satisfaction of such elections at an equivalent price of GBP6.4445 each, increasing the enlarged issued Ordinary Share capital of the Company to 19,530,296 Ordinary Shares. The additional cost to the Company of the dividend paid in cash amounts to approximately GBP1,332,578 in total.

In the issue, as set out in the dealing notification below, one director received new Ordinary Shares in lieu of cash dividends.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence on 5 May 2017.

Following the above transactions and for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue as at the date of this notice is 19,530,296 with each share carrying the right to one vote. There are no shares held in treasury. Therefore, the total number of voting rights in the Company is 19,530,296.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

Dealing notification forms for use by persons discharging managerial responsibility and their closely associated persons

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                       Mr D.A.T. Evans 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            Director 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       Wynnstay Group plc 
---  -------------------------  ------------------------------- 
 b)   LEI                        213800TOLA726AITR960 
---  -------------------------  ------------------------------- 
 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             Ordinary shares in the Company 
       the financial 
       instrument, type 
       of instrument              GB0034212331 
 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Scrip dividend election 
       transaction 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)       Price        Volume(s) 
                                   -----------  ------------ 
 
                                     GBP6.4445    250 shares 
                                   -----------  ------------ 
---  -------------------------  ------------------------------- 
 d)   Aggregated information     N/A (single transaction) 
 
       - Aggregated volume 
 
       - Price 
 
       - Total Value 
---  -------------------------  ------------------------------- 
 e)   Date of the transactions   28 April 2017 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  -------------------------------

For further details please contact:

 
 Wynnstay Group      Ken Greetham, Chief      T: 01691 828512 
  plc                 Executive 
                      Paul Roberts, Finance 
                      Director 
 
 KTZ Communication   Katie Tzouliadis         T: 020 3178 6378 
 
 Shore Capital       Stephane Auton           T: 020 7408 4090 
  (Nomad)             / Patrick Castle

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 28, 2017 02:00 ET (06:00 GMT)

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