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RNS: Director/PDMR Dealings

Thursday, 02 April 2020

Director/PDMR dealings

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 Divisional Director PDMR 759
Mark Pennington Divisional Director 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
www.synecticsplc.com
legalandsecretarial@synecticsplc.com

Shore Capital
Tom Griffiths / Henry Willcocks
Tel: +44 (0) 207 408 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) Names 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)
e) Price(s) and volume(s)
Price(s) Volume(s)

1185p (sale price)

760 shares

f)

Aggregated information

- Aggregated volume

- Price

n/a
c) Date of the transaction 1 April 2020
c) 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) Names 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)
e) Price(s) and volume(s)
Price(s) Volume(s)

1185p (sale price)

760 shares

f)

Aggregated information

- Aggregated volume

- Price

n/a
c) Date of the transaction 1 April 2020
c) 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) Names 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)
e) Price(s) and volume(s)
Price(s) Volume(s)

1185p (sale price)

759 shares

f)

Aggregated information

- Aggregated volume

- Price

n/a
c) Date of the transaction 1 April 2020
c) 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) Names 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)
e) Price(s) and volume(s)
Price(s) Volume(s)

1185p (sale price)

506 shares

f)

Aggregated information

- Aggregated volume

- Price

n/a
c) Date of the transaction 1 April 2020
c) Place of the transaction London Stock Exchange (XLON)
 

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