Synectics plc
("Synectics" or the "Company")
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Director/PDMR dealings
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11�March 2020
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Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, announces that on 11 March 2020, Darren Alder, a PDMR of the Company, exercised options over shares which had vested under the performance criteria of its Performance Share Plan ("PSP") �and sold the shares at a price of �1.485 per share as follows:
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Name | Position | Status | PSP options exercised | Shares retained in own name | Shares sold |
Darren Alder | Divisional Director | PDMR | 10,000 | - | 10,000 |
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Full details of the PSP are set out in the Company's Annual Report for the year ended 30 November 2018.
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Following this transaction Darren Alder has no interests in the shares of the Company.
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For further information, please contact:
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Synectics plc
Claire Stewart, Company Secretary
Tel: +44(0)�114 280 2828
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Shore Capital
Tom Griffiths / Henry Willcocks
Tel: +44 (0) 20 7408 4050
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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� | Darren Alder | ||||
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� � | Exercise of options and subsequent on-market sale of shares | ||||
d) � | Price(s) and volume(s) |
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d) � | Aggregated information� - Aggregated volume - Price | � n/a | ||||
e) � | Date of the transaction� | 11 March 2020 | ||||
f) � | Place of the transaction | London Stock Exchange (XLON) |
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