Wynnstay Properties PLC Transaction in Own Shares (2983Y)
05 Septiembre 2022 - 6:20AM
UK Regulatory
TIDMWSP
RNS Number : 2983Y
Wynnstay Properties PLC
05 September 2022
The information communicated within this announcement is deemed
to constitute inside information for the purposes of the Market
Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018. Upon the
publication of this announcement, this information is considered to
be in the public domain.
WYNNSTAY PROPERTIES PLC
("Wynnstay" or the "Company")
Purchase by the Company of Ordinary Shares
5 September 2022
Wynnstay (AIM:WSP) announces that, pursuant to the authority
approved at the General Meeting held on 19 July 2022, it has today
purchased 15,000 of its Ordinary Shares of 25 pence at 710 pence
per share (the "Transaction"). The shares purchased will be held in
Treasury.
Following the Transaction, the unchanged holding of Mr Philip
Collins and his immediate family (the "Concert Party") of 912,590
Ordinary Shares, now represents 33.84% of the Company's issued
share capital. Pursuant to the waiver granted by the Takeover Panel
and approved by shareholders (excluding the Concert Party) at the
General Meeting held on 19 July 2022, there is no obligation on the
Concert Party to make an offer under Rule 9 or Rule 37 of the City
Code on Takeovers and Mergers.
The Company's issued share capital consists of 3,155,267
Ordinary Shares of 25p each. Following the Transaction, the number
of Ordinary Shares now held in Treasury is 458,650. Therefore the
total number of voting rights in the Company is 2,696,617, which
may be used by shareholders as the denominator for the calculation
by which they will determine if they are required to notify their
interest, or a change in their interest, in the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules.
For further information please contact:
Wynnstay Properties plc
Philip Collins (Chairman)
020 7554 8766
WH Ireland Limited (Nominated Adviser and Broker):
Chris Hardie, Ben Thorne, Megan Liddell
020 7220 1666
LEI number: 2138006MASI24JYW5076.
ISIN: GB0009842898.
For more information on Wynnstay visit:
www.wynnstayproperties.co.uk .
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END
POSFLFLLAAIEIIF
(END) Dow Jones Newswires
September 05, 2022 07:20 ET (11:20 GMT)
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