RNS: Exercise of Share Plan Options and Director/PDMR dealings

Wednesday, 27 March 2019

Synectics (AIM: SNX), a leader in the design, integration, control and management of advanced surveillance technology and networked security systems, announces that on 26 March 2019 options over ordinary shares of 20p each in the Company (“Shares”), which vested under the performance criteria of its Performance Share Plan (”PSP”), were exercised and either held or sold at a price of £2.04 per Share, as follows:

Name Position Status PSP options exercised Shares retained in own name Shares sold
Paul Webb* Chief Executive Executive Director 30,000 15,793 14,207
Stacey Anderson Managing Director, SSS Management Services PDMR 4,000 - 4,000
Amanda Larnder* Financial Controller PDMR 7,500 4,326 3,174

*Paul Webb, Chief Executive, and Amanda Larnder sold sufficient Shares to cover the immediate tax liability on exercise of the options. The balance of 15,793 and 4,326 shares respectively were transferred into their own names.

Following the awards, their total interests in Shares are now as follows:

Name Shares Held Interest in Shares in Share Schemes Resultant Total Interest % of Issued Share Capital
Paul Webb 52,115 246,923 299,038 1.68%
Stacey Anderson - 12,000 12,000 0.07%
Amanda Larnder 4,326 2,500 6,826 0.04%

Full details of the PSP were set out in the Company's Annual Report for the year ended 30 November 2018.

For further information, please contact:

Synectics plc
Claire Stewart, Company Secretary
Tel: +44(0) 114 255 2509

Stockdale Securities Limited
Tom Griffiths / Henry Willcocks
Tel: +44 (0) 207 601 6100


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