Jaywing PLC Directors' Dealings and Issue of Equity (3540C)

TIDMJWNG

RNS Number : 3540C

Jaywing PLC

12 April 2017

   Date:                     Wednesday 12(th) April 2017 
   On behalf of:     Jaywing plc ("the Company" or "the Group") 

Jaywing plc

("Jaywing" or "the Company")

Exercise of Options

Issue of Equity

and

Directors' Dealings

Jaywing plc (AIM: JWNG), announces that options to subscribe for an aggregate of 185,869 ordinary shares of GBP0.05 each ("Ordinary Shares") in the Company have today been exercised by certain directors of the Company, pursuant to the Company's Performance Share Plan.

Directors Robert Shaw, CEO UK & Australia and Adrian Lingard, COO, have exercised options over 124,869 Ordinary Shares and 61,000 Ordinary Shares respectively. Following this exercise, Robert Shaw and Adrian Lingard will hold a total of 124,869 Ordinary Shares and 61,000 Ordinary Shares in the Company respectively.

An application has been made to the London Stock Exchange for 185,869 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on 20 April 2017.

Following Admission, the Company will have 86,895,767 ordinary shares in issue admitted to trading on AIM.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                    1. Robert Shaw 
                               2. Adrian Lingard 
     -----------------  ----------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------ 
 a)   Position/status         1. Chief Executive Officer (UK 
                               & Australia) & Board Director 
                               2. Chief Operating Officer & Board 
                               Director 
     -----------------  ----------------------------------------- 
 b)   Initial            Initial notification 
       notification 
       /Amendment 
     -----------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
     ------------------------------------------------------------ 
 a)   Name               Jaywing plc 
     -----------------  ----------------------------------------- 
 b)   LEI                N/A 
     -----------------  ----------------------------------------- 
 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        Ordinary Shares of GBP0.05 each 
       of the 
       financial          ISIN: GB00B1FPT10 
       instrument, 
       type of 
       instrument 
       Identification 
       code 
     -----------------  ----------------------------------------- 
 b)   Nature             Exercise of options 
       of the 
       transaction 
     -----------------  ----------------------------------------- 
 c)   Price(s)             Price              No. of 
       and volume(s)                            shares 
                                 1. GBP0.05         1. 124,869 
                                  2. GBP0.05         2. 61,000 
                                              ---------------- 
     -----------------  ----------------------------------------- 
 d)   Aggregated         Volume: 185,869 
       information        Weighted average price: GBP0.05 
       - Aggregated 
       volume 
       - Price 
     -----------------  ----------------------------------------- 
 e)   Date of            12 April 2017 
       the transaction 
     -----------------  ----------------------------------------- 
 f)   Place of           Outside a trading venue 
       the transaction 
     -----------------  ----------------------------------------- 
 

Enquiries:

Jaywing plc

   Michael Sprot (Company Secretary)                        Tel: [phone] 

Cenkos Securities plc

   Ivonne Cantu/Callum Davidson(Nomad)              Tel: [phone] 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 12, 2017 08:28 ET (12:28 GMT)