TIDMGDWN

RNS Number : 6931D

Goodwin PLC

30 October 2020

30 October 2020

GOODWIN PLC ("the Company")

ADDITIONAL LISTING OF SHARES AND DIRECTORS' SHAREHOLDINGS

The Company announces the exercise of the share options which were granted under the Goodwin PLC Equity Long Term Incentive Plan ("LTIP") and voted on at the Annual General Meeting on the 5(th) October 2016 , following the achievement of the performance criteria as outlined on page 28 of the Company's Directors Report and Accounts 2019. One third of the vested options are being exercised and the exercise price is GBP0.10 pence per share, being the nominal value of the Company's ordinary shares ("Shares").

Details of the number of Shares, each paid up in full, received by the Executive Directors are set out below:

 
 Shareholder    Previous   Number of           Resultant        %** 
                 Holding    shares exercised    Share-Holding 
 J. Connolly       7,622              20,400           28,022   0.37 
               ---------  ------------------  ---------------  ----- 
 S.C. Birks          200              20,400           20,600   0.27 
               ---------  ------------------  ---------------  ----- 
 

The following Executive Directors, Mr. M. S. Goodwin, Mr. S. R. Goodwin, Mr. B. R. E. Goodwin and Mr. T. J. W. Goodwin are acting in concert with former Executive Directors Mr. J. W. Goodwin and Mr R. S. Goodwin (and deemed to be so).

The total beneficial and non-beneficial holdings of the concert party following these transactions are as detailed below:

 
 Shareholder       Previous    Number of           Resultant        %** 
                    Holding     shares exercised    Share-Holding 
 R S Goodwin                                                                Beneficial 
  ("RSG")             11,656              20,400           32,056    0.43    (RSG) 
                  ----------  ------------------  ---------------  ------  ----------------- 
 J W Goodwin                                                                Beneficial 
  ("JWG")             40,986              20,400           61,386    0.82    (JWG) 
                  ----------  ------------------  ---------------  ------  ----------------- 
                                                                            Beneficial 
 J M Securities                                                              (JWG & RSG) 
  Ltd              2,129,153                            2,129,153   28.29    unchanged 
                  ----------  ------------------  ---------------  ------  ----------------- 
                                                                            Beneficial 
 J M Securities                                                              (JWG & RSG) 
  (No. 3) Ltd      1,424,210                            1,424,210   18.92    unchanged 
                  ----------  ------------------  ---------------  ------  ----------------- 
 J W Goodwin 
  Children's                                                                Non-beneficial 
  Trust               14,166                               14,166    0.19    (JWG) unchanged 
                  ----------  ------------------  ---------------  ------  ----------------- 
 M S Goodwin                                                                Beneficial 
  ("MSG)              56,372              20,400           76,772    1.02    (MSG) 
                  ----------  ------------------  ---------------  ------  ----------------- 
 S R Goodwin                                                                Beneficial 
  ("SRG")             66,085              20,400           86,485    1.15    (SRG) 
                  ----------  ------------------  ---------------  ------  ----------------- 
 B R E Goodwin                                                              Beneficial 
  ("BREG")            34,839              20,400           55,239    0.73    (BREG) 
                  ----------  ------------------  ---------------  ------  ----------------- 
 T J W Goodwin                                                              Beneficial 
  ("TJWG")           105,206              20,400          125,606    1.67    (TJWG) 
                  ----------  ------------------  ---------------  ------  ----------------- 
 TOTAL             3,882,673                            4,005,073   53.22 
                  ----------  ------------------  ---------------  ------  ----------------- 
 

**calculated based on 7,526,400 issued ordinary shares

Application has been made for the new 163,200 ordinary shares to be admitted to the Official List of the UK Listing Authority and trading on the London Stock Exchange's main market for listed securities and dealings is expected to commence on or around 4(th) November 2020 ("Admission"). The shares will rank pari passu with the existing ordinary shares of the Company.

Total Voting Rights

Following Admission, the Company will have 7,526,400 ordinary shares in issue. The Company has no ordinary shares held in treasury. The total number of voting rights in the Company following Admission will therefore be 7,526,400 .

Following the above partial exercise of the 489,600 shares vested on the 30(th) April, 2019 the remainder to be allocated is 163,200 shares.

J. MARTIN, Secretary.

END

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