Goodwin PLC Issue of Equity and Director/PDMR Shareholding (9693P)

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RNS Number : 9693P

Goodwin PLC

15 October 2019

15(th) October 2019

GOODWIN PLC ("the Company")

ADDITIONAL LISTING OF SHARES AND DIRECTORS' SHAREHOLDINGS

The Company announces the share options awarded under the Goodwin PLC Equity Long Term Incentive Plan ("LTIP") voted on at the Annual General Meeting on the 5(th) October 2016 have partially been exercised, following achievement of the performance criteria as outlined on page 28 of the Company's Directors Report and Accounts 2019. The exercise price is GBP0.10 pence per share, being the nominal value of the Company's ordinary shares ("Shares").

Details of the number of Shares, each paid up in full received by the Executive Directors are set out below:

 
 Shareholder    Previous   Number of           Resultant        %** 
                 Holding    shares exercised    Share-Holding 
 J. Connolly       1,222              20,400           21,622   0.29 
               ---------  ------------------  ---------------  ----- 
 S.C. Birks          200              20,400           20,600   0.28 
               ---------  ------------------  ---------------  ----- 
 

The following Executive Directors, Mr. M. S. Goodwin, Mr. S. R. Goodwin, Mr. B. R. E. Goodwin and Mr. T. J. W. Goodwin are acting in concert with former Executive Directors Mr. J. W. Goodwin and Mr R. S. Goodwin (and deemed to be so).

The total beneficial and non-beneficial holdings of the concert party following these transactions are as detailed below:

 
 Shareholder       Previous    Number       Resultant        %** 
                    Holding     of shares    Share-Holding 
                                exercised 
 R S Goodwin                                                         Beneficial 
  ("RSG")              2,256       20,400           22,656    0.31    (RSG) 
                  ----------  -----------  ---------------  ------  ----------------- 
 J W Goodwin                                                         Beneficial 
  ("JWG")             31,586       20,400           51,986    0.71    (JWG) 
                  ----------  -----------  ---------------  ------  ----------------- 
                                                                     Beneficial 
 J M Securities                                                       (JWG & RSG) 
  Ltd              2,129,153                     2,129,153   28.92    unchanged 
                  ----------  -----------  ---------------  ------  ----------------- 
                                                                     Beneficial 
 J M Securities                                                       (JWG & RSG) 
  (No. 3) Ltd      1,393,562                     1,393,562   18.93    unchanged 
                  ----------  -----------  ---------------  ------  ----------------- 
 J W Goodwin 
  Children's                                                         Non-beneficial 
  Trust               14,166                        14,166    0.19    (JWG) unchanged 
                  ----------  -----------  ---------------  ------  ----------------- 
 M S Goodwin                                                         Beneficial 
  ("MSG)              54,634       20,400           75,034    1.02    (MSG) 
                  ----------  -----------  ---------------  ------  ----------------- 
 S R Goodwin                                                         Beneficial 
  ("SRG")             72,847       20,400           93,247    1.27    (SRG) 
                  ----------  -----------  ---------------  ------  ----------------- 
 B R E Goodwin                                                       Beneficial 
  ("BREG")            22,101       20,400           42,501    0.58    (BREG) 
                  ----------  -----------  ---------------  ------  ----------------- 
 T J W Goodwin                                                       Beneficial 
  ("TJWG")           110,468       20,400          130,868    1.78    (TJWG) 
                  ----------  -----------  ---------------  ------  ----------------- 
 TOTAL             3,830,773                     3,953,173   53.71 
                  ----------  -----------  ---------------  ------  ----------------- 
 

**calculated based on the new share capital of the Company being 7,363,200.

Application has been made for the new 163,200 ordinary shares to be admitted to the Official List of the UK Listing Authority and trading on the London Stock Exchange's main market for listed securities and dealings is expected to commence on or around 16th October 2019 ("Admission"). The shares will rank pari passu with the existing ordinary shares of the Company.

Total Voting Rights

Following Admission, the Company will have 7,363,200 ordinary shares in issue. The Company has no ordinary shares held in treasury. The total number of voting rights in the Company following Admission will therefore be 7,363,200.

J. MARTIN, Secretary.

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October 15, 2019 09:49 ET (13:49 GMT)