JAYWING PLC

Share Issue/Capital Change • Feb 27, 2018

National Storage Mechanism | Additional information

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RNS Number : 1278G

Jaywing PLC

27 February 2018

27 February 2018

Jaywing plc

("Jaywing" or the "Company")

Director/PDMR Shareholding

Further to the Company's announcement released today regarding a Placing to raise up to £1.3 million, the following Directors have confirmed their agreement to participate in the Placing by subscribing for Placing Shares at the Placing Price, representing £95,000 in aggregate, subject to the passing of the Resolutions at the General Meeting.

Accordingly, conditional upon the passing of the Resolutions at the General Meeting, an application will be made for the total number of Placing Shares, being 6,536,450, to be admitted to trading on AIM on 15 March 2018. The gross monies raised in the Placing will therefore be £1,307,290.

Following Admission, the Company will have 93,432,217 Ordinary Shares in issue, of which 99,622 are currently held in Treasury. Accordingly, the total number of voting rights of the Company's Ordinary Shares immediately following Admission is expected to be 93,332,595. 

Capitalised terms shall have the same meaning as those defined in the Company's announcement published today under RNS No. 9839F.

Details of the Placing Shares for which the Directors will be purchasing and their resultant shareholdings are displayed below:

Name	Title	Number of Ordinary Shares currently held	Number of Placing Shares subscribed	Purchase Price (pence)	Total beneficial interest in Ordinary Shares following Admission	Percentage of Enlarged Share Capital carrying voting rights
Ian Robinson	Deputy Chairman	370,267	100,000	20	470,267	0.50%
Philip Hanson	Non-Executive Director	34,462	75,000	20	109,462	0.12%
Rob Shaw	Chief Executive Officer	124,869	50,000	20	174,869	0.19%
Adrian Lingard	Chief Operating Officer	61,000	50,000	20	111,000	0.12%
Mike Sprot	Chief Financial Officer	18,519	50,000	20	68,519	0.07%
Martin Boddy	Executive Chairman	4,916,667	100,000	20	5,016,667	5.38%
Andy Gardner	Chief Strategy Officer	4,987,470	50,000	20	5,037,470	5.40%

Enquiries:

Jaywing plc (www.jaywingplc.com)

Michael Sprot (Company Secretary)                                            Tel: 0114 281 1200

Cenkos Securities plc

Nicholas Wells/Callum Davidson (Nomad)                                  Tel: 0207 397 8920

This information is provided by RNS

The company news service from the London Stock Exchange

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