Watkin Jones plc
('Watkin Jones' or
the 'Company')
Director
Shareholding
Watkin Jones plc (AIM:WJG) today
announces that, on 24 January 2025, it was
notified of the following acquisitions of ordinary shares in the
Company carried out by Directors of the Company or persons closely
associated with them, on that date in the case of items 1, 3, 4 and
5, and on 23 January 2025 in the case item 2 below:
1. Alan Giddins, Non-Executive Chair, bought 148,000 ordinary
shares at a price of 26.63 pence per share;
2. Sarah Jones, a person closely associated with Simon Jones,
bought 101,108 ordinary shares at a price of 24.71 pence per
share;
3. Simon Jones, Chief Financial Officer, bought 92,000 ordinary
shares at a price of 27.80 pence per share;
4. Ben Jones, a person closely associated with Simon Jones,
bought 19,000 ordinary shares at a price of 27.22 pence per share;
and
5. Emily Jones, a person closely associated with Simon Jones,
bought 18,892 ordinary shares at a price of 27.0 pence per
share
Subsequent to these purchases of
shares Alan Giddins now holds 1,028,000 ordinary shares in the
Company, representing 0.4% of the Company's issued share capital,
and Simon Jones and persons closely associated with him, hold
239,000 ordinary shares in the Company, representing 0.09% of the
Company's issued share capital.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Alan Giddins
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Non-Executive Chair
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Watkin Jones plc
|
|
b)
|
LEI
|
2138009X19O21NU5SG79
|
|
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
Identification code
|
Ordinary Shares of £0.01
each
ISIN: GB00BD6RF223
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
No. of shares
|
|
26.63p
|
148,000
|
|
|
d)
|
Aggregated information
-
Aggregated volume
- Price
|
Volume: 148,000
Price:
26.63p
|
|
e)
|
Date of the transaction
|
24 January 2025
|
|
f)
|
Place of the transaction
|
London Stock Exchange,
AIM
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
(a) Sarah Jones
(PCA)
(b) Simon
Jones
(c) Ben Jones
(PCA)
(d) Emily Jones
(PCA)
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director - Chief Financial
Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Watkin Jones plc
|
|
b)
|
LEI
|
2138009X19O21NU5SG79
|
|
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
Identification code
|
Ordinary Shares of £0.01
each
ISIN: GB00BD6RF223
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
No. of shares
|
|
24.73p
|
101,108
|
|
27.80p
|
92,000
|
|
27.22p
|
19,000
|
|
27.0p
|
18,892
|
|
|
d)
|
Aggregated information
-
Aggregated volume
- Price
|
Volume: 231,000
Price:
25.90p
|
|
e)
|
Date of the transaction
|
23 January 2025 in the case of 1(a)
above and 24 January 2025 in the case of 1(b), 1(c) and
1(d).
|
|
f)
|
Place of the transaction
|
London Stock Exchange,
AIM
|
- Ends
-
For
further information:
|
Watkin Jones plc
|
|
|
Alex Pease, Chief Executive
Officer
|
Tel: +44
(0) 20 3617 4453
|
|
Simon Jones, Chief Financial
Officer
Adam McGhin, Chief Legal Officer
& Company Secretary
|
www.watkinjonesplc.com
|
|
|
|
|
Peel Hunt LLP (Nominated
Adviser & Joint Corporate Broker)
|
Tel: +44
(0) 20 7418 8900
|
|
Mike Bell / Ed Allsopp
|
www.peelhunt.com
|
|
|
|
|
Jefferies Hoare Govett (Joint
Corporate Broker)
|
Tel: +44
(0) 20 7029 8000
|
|
James Umbers / Paul
Bundred
|
www.jefferies.com
|
|
|
|
|
Media enquiries:
|
MHP
Group
|
|
|
Reg Hoare / Rachel
Farrington
|
Tel:
+44 (0) 7801 894577
|
|
watkinjones@mhpgroup.com
|
www.mhpgroup.com
|
Notes:
Watkin Jones is the UK's leading
developer and manager of residential for rent, with a focus on the
build to rent, student accommodation and affordable housing
sectors. The Group has strong relationships with institutional
investors, and a reputation for successful, on-time-delivery of
high quality developments. Since 1999, Watkin Jones has
delivered over 50,000 student beds across 147 sites, making it a
key player and leader in the UK purpose-built student accommodation
market, and is increasingly expanding its operations into the build
to rent sector, where it has delivered 2,200 apartments across 12
schemes to date. In addition, Fresh, the Group's specialist
accommodation management business, manages c.19,000 student beds
and build to rent apartments on behalf of its institutional
clients. Watkin Jones has also been responsible for over 80
residential developments, ranging from starter homes to executive
housing and apartments.
The Group's competitive advantage
lies in its experienced management team and capital-light business
model, which enables it to offer an end-to-end solution for
investors, delivered entirely in-house with minimal reliance on
third parties, across the entire life cycle of an asset.
Watkin Jones was admitted to trading
on AIM in March 2016 with the ticker WJG.L. For additional
information please visit
www.watkinjonesplc.com
