TIDMWEY

RNS Number : 0740R

Wey Education PLC

25 June 2020

25 June 2020

WEY EDUCATION PLC

("Wey Education" or the "Company")

Director/PDMR Shareholding

Wey Education (AIM: WEY), the educational services group, announces a number of director dealings in the Company's shares.

Tony Knowles, Executive Director - Human Resources, has notified the Company that on 24 June 2020 he sold 150,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 27.2 pence per Ordinary Share.

Following this transaction, further detailed below, Mr Knowles' interest in the share capital of the Company is now 66,862 Ordinary Shares, representing 0.05 per cent. of the Company's issued share capital.

Barry Nichols-Grey, Executive Director - Finance, has notified the Company that on 24 June 2020 he sold 40,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") held in his SIPP at a price of 28.56 pence per Ordinary Share.

Following this transaction, further detailed below, Mr Nichols-Grey's interest in the share capital of the Company is now 43,633 Ordinary Shares, representing 0.03 per cent. of the Company's issued share capital.

Barrie Whipp, Chairman commented "Both of these transactions represent diversification of the directors' individual investment and pension portfolios. Both directors retain a shareholding in the company and are aligned to its future success through the company's share option scheme."

The below notifications made 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 
                                         Tony Knowles 
     -------------------------------  ---------------------------------- 
 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                              2138009M9659SXKA3I32 
     -------------------------------  ---------------------------------- 
 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,             Ordinary shares of 1p each 
       type of instrument 
                                         GB00B54NKM12 
       Identification code 
     -------------------------------  ---------------------------------- 
 b)   Nature of the transaction        Sale 
     -------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)             Price(s)   Volume(s) 
                                          27.20p     150,000 
                                                    ---------- 
     -------------------------------  ---------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume               150,000 
 
 
       - Price                           GBP40,788.00 
     -------------------------------  ---------------------------------- 
 e)   Date of the transaction          24 June 2020 
     -------------------------------  ---------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM 
     -------------------------------  ---------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name 
                                         Barry Nichols-Grey 
     -------------------------------  ---------------------------------- 
 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                              2138009M9659SXKA3I32 
     -------------------------------  ---------------------------------- 
 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,             Ordinary shares of 1p each 
       type of instrument 
                                         GB00B54NKM12 
       Identification code 
     -------------------------------  ---------------------------------- 
 b)   Nature of the transaction        Sale 
     -------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)             Price(s)   Volume(s) 
                                          28.56p     40,000 
                                                    ---------- 
     -------------------------------  ---------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume               40,000 
 
 
       - Price                           GBP11,424 
     -------------------------------  ---------------------------------- 
 e)   Date of the transaction          24 June 2020 
     -------------------------------  ---------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM 
     -------------------------------  ----------------------------------

Enquiries:

Wey Education Plc

   Barrie Whipp (Chairman)                                               +44 (0) 7778 367 999 
   Barry Nichols-Grey (Executive Director - Finance)        +44 (0) 1873 813 900

WH Ireland Limited

(Nominated Advisor and Broker)

   James Joyce/ Chris Savidge (Corporate Finance)             +44 (0) 20 7220 1666

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END

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June 25, 2020 04:59 ET (08:59 GMT)

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