Wey Education PLC Director/PDMR Shareholding - Issue of Options (7712F)
18 Noviembre 2020 - 8:31AM
UK Regulatory
TIDMWEY
RNS Number : 7712F
Wey Education PLC
18 November 2020
18 November 2020
WEY EDUCATION PLC
("Wey Education" or the "Company")
Director/PDMR - Issue of Share options
Wey Education (AIM: WEY), the educational services group,
announces that on 17 November 2020 the company granted options over
250,000 ordinary shares in the company under the company's EMI
share option scheme ("Options") to Dr Sara de Freitas, Director of
Education. The Company has also granted 250,000 Options to Ms
Esther Clark, Director of Marketing (Designate).
Both grants of Options have an option exercise price of 23.9
pence each, representing the average of the closing middle market
share price for the five business days prior to issue. The options
are subject to individual performance criteria and save in the
event of a change of control of the Company, cannot be exercised
before 17 November 2023.
The Company intends to appoint Ms Clark as a Director of the
Company and proposes her appointment upon the conclusion of the
Annual General Meeting.
The information below, set out in accordance with the
requirements of the EU Market Abuse
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
Sara de Freitas
------------------------------- ----------------------------------
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 Grant of options
------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 250,000
----------
------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 250,000
n/a
- Price
------------------------------- ----------------------------------
e) Date of the transaction 17 November 2020
------------------------------- ----------------------------------
f) Place of the transaction Off market
------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
Esther Clark
----------------------------- ------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Director of Marketing (Designate)
----------------------------- ------------------------------------
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 Grant of options
----------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 250,000
----------
----------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume 250,000
- Price n/a
----------------------------- ------------------------------------
e) Date of the transaction 17 November 2020
----------------------------- ------------------------------------
f) Place of the transaction Off market
----------------------------- ------------------------------------
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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November 18, 2020 09:31 ET (14:31 GMT)
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