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Scrip dividend election

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RNS Number : 8432D
Wynnstay Group PLC
30 October 2015
 



AIM: WYN

 

 

Wynnstay Group plc

(the "Company")

 

 

The Company announces the following information in relation to the ordinary share capital of the Company:

 

Elections to accept the scrip dividend alternative with regard to the interim dividend for the year ended 31 October 2015 paid on 30 October 2015 were received from the holders of 4,077,025 ordinary shares of 25p each in the Company ("Ordinary Shares"), in aggregate, representing approximately 21.1% of the Ordinary Shares in issue on 25 September 2015, being the record date for the interim dividend. Accordingly, 28,263 new Ordinary Shares have been issued in satisfaction of such elections at an equivalent price of £5.335 each, increasing the enlarged issued Ordinary Share capital of the Company to 19,390,964 Ordinary Shares. The additional cost to the Company of the dividend paid in cash amounts to approximately £565,584 in total.

 

In the issue, the following director received new Ordinary Shares in lieu of cash dividends:

 

Name

No. of new Ordinary Shares

New shareholding

% of enlarged Ordinary Share capital





Mr D.A.T. Evans

135

19,645

0.10%

 

Application has been made for the new Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence on 6 November 2015.

 

Following the above transactions and for the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue as at the date of this notice is 19,390,964 with each share carrying the right to one vote. There are no shares held in treasury. Therefore, the total number of voting rights in the Company is 19,340,696.

 

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

 

 

For further details please contact:

 

Wynnstay Group plc

Ken Greetham, Chief Executive

Paul Roberts, Finance Director

T: 01691 827142

 




KTZ Communication

Katie Tzouliadis

T: 020 3178 6378




Shore Capital (Nomad)

Stephane Auton / Patrick Castle

T: 020 7408 4090

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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