Asahi shares mark weekly slide after cyberattack halts production
LONDON - Synectics plc (AIM:SNX), a provider of security and surveillance solutions, announced Thursday that two of its Person Discharging Managerial Responsibilities (PDMRs) have acquired shares through the company’s HMRC Approved Employee Share Acquisition Plan (ESAP).
According to a company statement, the ESAP trustee purchased 7,672 ordinary shares at £2.93875 per share on October 1, following the six-month accumulation period that ended September 30.
Chief Strategy Officer David Aindow and Group Director of HR Clare Bryan-Wright each acquired 306 ordinary shares through the plan. Following these purchases, Aindow now holds a total interest of 42,657 shares, representing 0.24% of the company’s issued share capital, while Bryan-Wright holds 2,850 shares, equivalent to 0.02%.
The ESAP allows participating employees, including PDMRs, to contribute fixed monthly amounts to the trustee. At the end of each six-month period, the trustee acquires shares based on accumulated contributions, using either the share price at the beginning of the period or on the purchase date, whichever is lower. For this allocation, the purchase date price of £2.93875 was used.
The transaction was executed in accordance with the ESAP’s rules on behalf of all participants in the plan, based on a press release statement from the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.