SYNECTICS PLC — Director's Dealing 2020

Apr 2, 2020

National Storage Mechanism | Additional information

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RNS Number : 5602I

Synectics PLC

02 April 2020

Synectics plc

("Synectics" or the "Company")

Director/PDMR dealings

2 April 2020

Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, has been notified that the Trustee of the Company's HMRC Approved Employee Share Acquisition Plan ("ESAP") purchased on 1 April 2020 13,875 ordinary shares of 20 pence each in the Company at £1.185 per share in accordance with the ESAP's rules and on behalf of all ESAP participants, in respect of the six-month accumulation period ended on 31 March 2020.

Under the terms of the ESAP, participating members, including employees and Directors of the Company, contribute a fixed amount to the Trustee on a monthly basis. The Trustee acquires a number of shares at the end of the six-month accumulation period (the "Period") based upon the contributions made in the Period and determined by the lowest share price at either the beginning of the Period or on the date of purchase. In this instance the share price used for the allocation of the number of Shares for ESAP purposes was the price per share on the date of purchase.

As a result of this purchase, the Company has been notified that the following Executive Director and PDMRs have acquired the following interests in shares of the Company:

Name	Position	Status	Number of Shares purchased by the Trustee
Paul Webb	Chief Executive	Executive Director	760
Greg Alcorn	Divisional Director	PDMR	760
David Lowe	Business Strategy Director	PDMR	759
Mark Pennington	Managing Director: QSG	PDMR	506

Following this purchase, the interests of Paul Webb, Greg Alcorn, David Lowe and Mark Pennington in the shares of the Company are as follows:

Name	Shares Held	Interest in Shares in Share Schemes	Resultant Total Interest	% of Issued Share Capital
Paul Webb	52,115	233,909	286,024	1.61%
Greg Alcorn	-	3,237	3,237	0.02%
David Lowe	10,000	20,759	30,759	0.17%
Mark Pennington	-	10,506	10,506	0.06%

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 

Paul Webb

2

Reason for the notification

a)

Position/status

Executive Director

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 

Purchase (by employee share acquisition plan)

d)

Price(s) and volume(s)

Price(s)	Volume(s)
1185p	760 shares

d)

Aggregated information 

- Aggregated volume

- Price

n/a

e)

Date of the transaction 

1 April 2020

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Names 

Greg Alcorn

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 

Purchase (by employee share acquisition plan)

d)

Price(s) and volume(s)

Price(s)	Volume(s)
1185p	760 shares

d)

Aggregated information 

- Aggregated volume

- Price

n/a

e)

Date of the transaction 

1 April 2020

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Names 

David Lowe

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 

Purchase (by employee share acquisition plan)

d)

Price(s) and volume(s)

Price(s)	Volume(s)
1185p	759 shares

d)

Aggregated information 

- Aggregated volume

- Price

n/a

e)

Date of the transaction 

1 April 2020

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Names 

Mark Pennington

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 

Purchase (by employee share acquisition plan)

d)

Price(s) and volume(s)

Price(s)	Volume(s)
1185p	506 shares

d)

Aggregated information 

- Aggregated volume

- Price

n/a

e)

Date of the transaction 

1 April 2020

f)

Place of the transaction

London Stock Exchange (XLON)

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