Watkin Jones plc Director/PDMR Shareholding

RNS Number : 8967V

Watkin Jones plc

05 February 2025

 

For immediate release                                                                                                                          5 February 2025

 

Watkin Jones plc

('Watkin Jones' or the 'Company')

 

Director/PDMR Shareholding

 

Watkin Jones plc (AIM:WJG) announces that on 4 February 2025 the following nominal-cost share awards over ordinary shares of 1 penny each in the Company were granted under the Watkin Jones Deferred Share Bonus Plan to the following persons discharging managerial responsibilities ("Awards"):

 

PDMR	Position	Number of shares granted under the Awards
Alex Pease	Chief Executive Officer	107,622
Simon Jones	Chief Financial Officer	33,381

 

The Awards have a nominal exercise price of one penny per share and normally become exercisable on the first anniversary of the date of grant, subject to continued employment.

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

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alex Pease
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watkin Jones plc
b)	LEI	2138009X19O21NU5SG79
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 Identification code	Ordinary Shares of £0.01 each   ISIN: GB00BD6RF223
b)	Nature of the transaction	Grant of Award under the Watkin Jones Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 107,622
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	4 February 2025
f)	Place of the transaction	Outside of a trading venue

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Jones
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watkin Jones plc
b)	LEI	2138009X19O21NU5SG79
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 Identification code	Ordinary Shares of £0.01 each   ISIN: GB00BD6RF223
b)	Nature of the transaction	Grant of Award under the Watkin Jones Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 33,381
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	4 February 2025
f)	Place of the transaction	Outside of a trading venue

  

- Ends -

 

For further information:

Watkin Jones plc
Adam McGhin, Chief Legal Officer and Company Secretary	Tel: [phone]
	www.watkinjonesplc.com

 

Notes to Editors

Watkin Jones is the UK's leading developer and manager of residential for rent, with a focus on the build to rent, student accommodation and affordable housing sectors. The Group has strong relationships with institutional investors, and a reputation for successful, on-time-delivery of high-quality developments. Since 1999, Watkin Jones has delivered over 49,000 student beds across 147 schemes, making it a key player and leader in the UK purpose-built student accommodation market, and is increasingly expanding its operations into the build to rent sector. In addition, Fresh, the Group's specialist accommodation management business, manages over 16,800 student beds and build to rent apartments on behalf of its institutional clients. Watkin Jones has also been responsible for over 50 residential developments, ranging from starter homes to executive housing and apartments.

 

The Group's competitive advantage lies in its experienced management team and capital-light business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.

 

Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L.  For additional information please visit www.watkinjonesplc.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

DSHPKQBDABKDABK