Wey Education PLC Director/PDMR Shareholding (4886J)

TIDMWEY

RNS Number : 4886J

Wey Education PLC

29 June 2017

29 June 2017

WEY EDUCATION PLC

("Wey" or the "Company")

Director/PDMR Shareholding

On 29 June 2017 the Company announced the issue of share awards to David Massie in relation to the satisfaction of conditions related to share awards. The shares have been issued to Mr Massie a director of the Company. Following the issue Mr Massie is now interested in a total of 20,183,173 Ordinary Shares representing approximately 19.5 per cent. of the Company's issued share capital.

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

 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  --------------------------------------------------------- 
 a)    Name                            Mr David Massie 
----  ------------------------------  ------------------------- 
 2     Reason for the notification 
----  --------------------------------------------------------- 
 a)    Position/status                 Director 
----  ------------------------------  ------------------------- 
 b)    Initial notification/           Initial Notification 
        Amendment 
----  ------------------------------  ------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  --------------------------------------------------------- 
 a)    Name                            Wey Education 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 of the              Ordinary shares of 1p 
        financial instrument,           each 
        type of instrument 
       Identification code             GB00B54NKM12 
----  ------------------------------  ------------------------- 
 b)    Nature of the transaction       Receipt of share award 
----  ------------------------------  ------------------------- 
 c)    Price(s) and volume(s)          Price(s)     Volume(s) 
                                      -----------  ------------ 
                                       Nil          1,000,000 
                                      -----------  ------------ 
                                       1.0p         1,666,666 
 -----------------------------------  -----------  ------------ 
 d)    Aggregated information 
     Aggregated volume                                2,666,666 
      Price                                        GBP16,666.66 
 -----------------------------------  ------------------------- 
 e)    Date of the transaction         29 June 2017 
----  ------------------------------  ------------------------- 
 f)    Place of the transaction        London Stock Exchange, 
                                        AIM 
----  ------------------------------  ------------------------- 
 

Contacts:

   Wey Education Plc                                          [phone] 
   David Massie (Chairman)                                  [phone] 

WH Ireland Limited

(Nominated Advisor and Broker)

   Mike Coe/Ed Allsopp (Corporate Finance)          [phone] 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 29, 2017 02:01 ET (06:01 GMT)