TIDMSNX

RNS Number : 6849P

Synectics PLC

11 October 2023

RNS

11 October 2023

Synectics plc

("Synectics" or the "Company")

Director/PDMR dealings

Synectics plc (AIM: SNX), a leader in advanced security and surveillance systems, has been notified that on 9 and 10 October 2023, the Trustee of the Company's HMRC Approved Employee Share Acquisition Plan ("ESAP") purchased a total of 13,814 ( 3,955 and 9,859 respectively) ordinary shares of 20 pence each in the Company ("Ordinary Shares") at an average price of GBP 1.22137 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 30 September 2023.

Under the terms of the ESAP, participating members, including employees, an Executive Director of the Company and a PDMR, contribute a fixed amount to the Trustee on a monthly basis. The Trustee acquires a number of Ordinary 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 Ordinary Share at the beginning of the Period which was GBP1.15.

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

 
                                                    Number of Ordinary 
                                                      Shares purchased 
   Name           Position               Status         by the Trustee 
                                       Executive 
 Paul Webb      Chief Executive         Director                   782 
               ---------------------  -----------  ------------------- 
 David Gavin    Divisional Director    PDMR                        782 
               ---------------------  -----------  -------------------

Following these purchases, the interests of Messrs Webb and Gavin in the Ordinary Shares are as follows:

 
 Name                                     Interest 
                        Number of      in Ordinary 
                  Ordinary Shares        Shares in          Resultant       % of Issued 
                             Held    Share Schemes     Total Interest     Share Capital 
 Paul Webb                 57,115          515,079            572,194              3.22 
               ------------------  ---------------  -----------------  ---------------- 
 David Gavin                    0           60,782             60,782              0.34 
               ------------------  ---------------  -----------------  ----------------

For further information, please contact:

 
 Synectics plc                           Tel: +44 (0) 114 280 2828 
  Claire Stewart, Company Secretary           www.synecticsplc.com 
  email: info@synecticsplc.com 
 
   Shore Capital                         Tel: +44 (0) 20 7408 4090 
   Tom Griffiths / David Coaten 
 Vigo Consulting                         Tel: +44 (0) 20 7390 0230 
  Jeremy Garcia / Fiona Hetherington 
  synectics@vigoconsulting.com

About Synectics

Synectics plc (AIM: SNX) is a leader in advanced security and surveillance systems that help protect people, property, communities, and assets around the world.

The Company's expertise is in providing solutions for specific markets where security and surveillance are critical to operations. These include gaming, oil and gas, public space, transportation, and critical infrastructure.

Synectics has deep industry experience in these markets and works closely with customers to deliver solutions that are tailored to meet their needs. Technical excellence, combined with decades of experience and long-standing customer relationships, provides fundamental differentiation from mainstream suppliers and makes the Company a stand out in its field.

Find out more at www.synecticsplc.com

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHQBLFFXBLBFBL

(END) Dow Jones Newswires

October 11, 2023 02:00 ET (06:00 GMT)

Grafico Azioni Synectics (LSE:SNX)
Storico
Da Apr 2024 a Mag 2024 Clicca qui per i Grafici di Synectics
Grafico Azioni Synectics (LSE:SNX)
Storico
Da Mag 2023 a Mag 2024 Clicca qui per i Grafici di Synectics