RNS Number : 3922N

Watkin Jones plc

19 May 2020

For immediate release  19 May 2020 

Watkin Jones plc

('Watkin Jones' or the 'Company')

Director Shareholdings

Watkin Jones plc (AIM:WJG), the UK's leading developer and manager of residential for rent, with a focus on the Build to Rent and student accommodation sectors , announces that it was today notified that Richard Simpson, Chief Executive Officer, bought 49,186 ordinary shares in the Company on 19 May 2020 at a price of 152.46 pence per share, representing 0.02% of the Company's issued share capital.

Subsequent to this purchase of shares, Richard Simpson now holds 285,510 ordinary shares in the Company, representing 0.11% of the Company's issued share capital.

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                        Richard Simpson 
     ---------------------  ---------------------------------------------- 
 2    Reason for the notification 
 a)   Position/status             Chief Executive Officer 
     ---------------------  ---------------------------------------------- 
 b)   Initial notification        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            Ordinary Shares of GBP0.01 each 
       of the financial 
       type of instrument     ISIN: GB00BD6RF223 
     ---------------------  ---------------------------------------------- 
 b)   Nature of              Acquisition of 49,186 ordinary shares at 1.0p 
       the transaction        per share 
     ---------------------  ---------------------------------------------- 
 c)   Price(s) and            Price     No. of shares 
       volume(s)               152.46p   49,186 
     ---------------------  ---------------------------------------------- 
 d)   Aggregated 
       - Aggregated            Volume: 49,186 
       volume                  P rice: 152.46p 
       - Price 
     ---------------------  ---------------------------------------------- 
 e)   Date of the            19 May 2020 
     ---------------------  ---------------------------------------------- 
 f)   Place of the           London Stock Exchange, AIM 
     ---------------------  ---------------------------------------------- 

- Ends -

For further information:

Watkin Jones plc 
Richard Simpson, Chief Executive            Tel: +44 (0) 1248 362 516 
Phil Byrom, Chief Financial Officer            www.watkinjonesplc.com 
Peel Hunt LLP (Nominated Adviser & Joint         Tel: +44 (0) 20 7418 
 Corporate Broker)                                               8900 
Mike Bell / Ed Allsopp                               www.peelhunt.com 
Jefferies Hoare Govett (Joint Corporate          Tel: +44 (0) 20 7029 
 Broker)                                                         8000 
Max Jones / Will Soutar                             www.jefferies.com 

Media enquiries:

Henry Harrison-Topham / Richard Oldworth   Tel: +44 (0) 20 7466 5000 
 Jamie Hooper / Steph Watson 
watkinjones@buchanan.uk.com                      www.buchanan.uk.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 and student accommodation 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 41,000 student beds across 123 sites, making it a key player and leader in the UK purpose-built student accommodation market. In addition, the Fresh Property Group, the Group's specialist accommodation management company, manages nearly 18,000 student beds and Build to Rent apartments on behalf of its institutional clients. Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments. The Group is increasingly expanding its operations into the Build to Rent sector.

The Group's competitive advantage lies in its experienced management team and 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 rns@lseg.com or visit www.rns.com.



(END) Dow Jones Newswires

May 19, 2020 11:31 ET (15:31 GMT)

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