RNS: Directorate / PDMR Shareholding

Friday, 23 October 2015

The Company has been notified that the Trustee of the Company's HMRC Approved Employee Share Acquisition Plan ("ESAP") has purchased 9,400 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 22 October 2015 at a price of 168 pence each in respect of the six month accumulation period ended on 30 September 2015.

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 contribution 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 at the beginning of the Period (123.5 pence).

As a result of these purchases, the Company has been notified that Paul Webb and Nigel Poultney, directors of the Company, have acquired an interest in 607 shares and 729 shares respectively and Mike Stilwell, Finance Director (Designate), has acquired an interest in 729 shares.

Following the share purchase in relation to the ESAP, the interests of Paul Webb, Nigel Poultney and Mike Stilwell in Synectics shares are as follows:

Director Position Beneficial Interests Interest in Share Schemes Resultant Total Interest % of Issued Share Capital
Paul Webb Chief Executive 0 268,883 268,883 1.51%
Nigel Poultney Finance Director 13,000 259,145 272,145 1.53%
Mike Stilwell* Finance Director (Designate) 2,910 33,574 36,484 0.21%

* appointment to the Board effective on 1 December 2015.

For further information, please contact:

Synectics plc
Richard Brierley, Deputy Company Secretary
Tel: +44 (0) 1527 850 080

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

Media enquiries:
Mark Court / Sophie Cowles / Jane Glover
Tel: +44 (0) 207 466 5000


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