Synectics PLC Director/PDMR Shareholding (2929V)
April 04 2023 - 2:09AM
UK Regulatory
TIDMSNX
RNS Number : 2929V
Synectics PLC
04 April 2023
RNS 4 April 2023
Synectics plc
("Synectics" or the "Company")
Director dealings
Synectics plc (AIM: SNX), a leader in advanced security and
surveillance systems , has been notified that on 3 April 2023, the
Trustee of the Company's HMRC Approved Employee Share Acquisition
Plan ("ESAP") purchased a total of 13,369 ordinary shares of 20
pence each in the Company ("Ordinary Shares") at a price of GBP1.15
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 2023.
Under the terms of the ESAP, participating members, including
employees and an executive Director 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 at the
beginning of the Period which was GBP1.05.
As a result of this purchase, the Company has been notified that
the following Director has acquired the following interests in
Ordinary Shares:
Number of Ordinary
Shares Purchased
Name Position by the Trustee
Paul Webb Chief Executive 857
----------------- -------------------
Following this purchase, the interests of Mr Webb in 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 57,115 514,033 571,148 3.21
------------------ --------------- ----------------- ----------------
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
Tom Griffiths / David Coaten Tel: +44 (0) 20 7408 4090
About Synectics plc
Synectics (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, transport, 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
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END
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