SYNECTICS PLC — Director's Dealing 2020

Mar 11, 2020

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 8272F

Synectics PLC

11 March 2020

Synectics plc

("Synectics" or the "Company")

Director/PDMR dealings

11 March 2020

Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, announces that on 11 March 2020, Darren Alder, a PDMR of the Company, exercised options over shares which had vested under the performance criteria of its Performance Share Plan ("PSP")  and sold the shares at a price of £1.485 per share as follows:

Name	Position	Status	PSP options exercised	Shares retained in own name	Shares sold
Darren Alder	Divisional Director	PDMR	10,000	-	10,000

Full details of the PSP are set out in the Company's Annual Report for the year ended 30 November 2018.

Following this transaction Darren Alder has no interests in the shares of the Company.

For further information, please contact:

Synectics plc

Claire Stewart, Company Secretary

Tel: +44(0) 114 280 2828

Shore Capital

Tom Griffiths / Henry Willcocks

Tel: +44 (0) 20 7408 4050

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Names 

Darren Alder

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

Name 

Synectics plc

b)

LEI

213800C1F7YZH96U2Z49

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, type of instrument

Ordinary Shares of 20p each

b)

Identification code 

GB0007156838

c)

Nature of the transaction 

Exercise of options and subsequent on-market sale of shares

d)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil (exercise price) 1485p (sale price)	10,000 shares 10.000 shares

d)

Aggregated information 

- Aggregated volume

- Price

n/a

e)

Date of the transaction 

11 March 2020

f)

Place of the transaction

London Stock Exchange (XLON)

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

DSHEAKDFFAAEEFA