| For immediate release | 17 February 2022 |
Watkin Jones plc
('Watkin Jones' or the 'Company')
Director Shareholding
Watkin Jones plc (AIM:WJG) announces that Sarah Sergeant, Chief Financial Officer, bought 9,950 ordinary shares in the Company on 16 February 2022 at a price of 247.6265 pence per share.
Subsequent to this purchase of shares, Sarah Sergeant now holds 9,950 ordinary shares in the Company.
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 | Sarah Sergeant
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| 2 | Reason for the notification | |||||
| a) | Position/status | PDMR / Chief Financial Officer
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| 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
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| b) | LEI | 2138009X19O21NU5SG79
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| 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 | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price |
Volume: 9,950 Price: 247.6265p
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| e) | Date of the transaction | 16 February 2022 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
- Ends -
For further information:
| Watkin Jones plc |
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| Richard Simpson, Chief Executive Officer | Tel: +44 (0) 20 3617 4453 | |
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| Sarah Sergeant, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker) |
Tel: +44 (0) 20 7418 8900 | |
| Mike Bell / Ed Allsopp | ||
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Jefferies Hoare Govett (Joint Corporate Broker) |
Tel: +44 (0) 20 7029 8000 | |
| Max Jones / James Umbers | ||
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Media enquiries:
| Buchanan |
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| Henry Harrison-Topham / Steph Whitmore watkinjones@buchanan.uk.com | Tel: +44 (0) 20 7466 5000 www.buchanan.uk.com |
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Notes to Editors
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 46,000 student beds across 136 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. In addition, Fresh, the Group's specialist accommodation management business, manages over 22,000 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
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