WYG Plc PDMR Shareholding (0909Q)

TIDMWYG

RNS Number : 0909Q

WYG Plc

07 September 2017

WYG plc ("the Company")

PDMR Shareholding

On 6 September 2017, the Company was notified that on that day Mike McTighe, Chairman, exercised all his outstanding 1,075,162 options under the Transformation Incentive Plan and sold the resulting shares in the market at a price of 64 pence each.

Following this transaction, Mr McTighe holds 200,000 Ordinary Shares in the Company and has no outstanding options.

WYG has 70,973,267 Ordinary Shares in issue.

Note: Mr McTighe's options under the Transformation Incentive Plan included his 500,000 options under the Chairman's Matching Share Award granted at the time of the Company's refinancing in July 2011.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the transaction.

Benjamin Whitworth

Company Secretary

WYG plc

Tel: [phone]

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                                                          Mike McTighe 
---  ------------------------------------------------------------  ------------------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                                Chairman, WYG plc 
---  ------------------------------------------------------------  ------------------------------------------------- 
 b)   Initial notification/ Amendment                                Initial Notification 
---  ------------------------------------------------------------  ------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                          WYG plc 
---  ------------------------------------------------------------  ------------------------------------------------- 
 b)   LEI                                                           2138003OYDPIPAK8CK51 
---  ------------------------------------------------------------  ------------------------------------------------- 
 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 0.01p 
       Identification code 
 
                                                                      ISIN for WYG plc Ordinary Shares: GB00B5N5WH70 
---  ------------------------------------------------------------  ------------------------------------------------- 
 b)   Nature of the transaction                                     Disposal of Ordinary Shares by a PDMR 
---  ------------------------------------------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s) 
                                                                     ----------  ---------- 
                                                                      GBP0.64     1,075,162 
                                                                     ----------  ---------- 
---  ------------------------------------------------------------  ------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                       1,075,162 
                                                                      GBP0.64 
 
         *    Price 
---  ------------------------------------------------------------  ------------------------------------------------- 
 e)   Date of the transaction                                       6 September 2017 
---  ------------------------------------------------------------  ------------------------------------------------- 
 f)   Place of the transaction                                      London Stock Exchange, AIM 
---  ------------------------------------------------------------  ------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 07, 2017 04:20 ET (08:20 GMT)