13th Mar 2026 14:05
13 March 2026 |
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Synectics plc
("Synectics" or the "Company")
Director dealings
Synectics plc (AIM: SNX), a leader in advanced security and surveillance solutions, announces that, on 13 March 2026, Amanda Larnder, Chief Executive Officer, exercised options over 62,000 ordinary shares of 20 pence each in the Company ("Ordinary Shares") at a price of 177.50 pence per Ordinary Share ("Exercise Price"), which had vested under the performance criteria of the Company's Performance Share Plan ("PSP") granted on 1 August 2022 (the "Option Exercise").
In order to satisfy the tax liability due under the Option Exercise, the Company has implemented a net settlement arrangement. As such, 29,140 Ordinary Shares were withheld from issue to Mrs Larnder at the Exercise Price, the value of which will be paid by the Company to His Majesty's Revenue and Customs by the Company on her behalf (the "Tax Liability").
Following the Option Exercise and net settlement of the Tax Liability, Mrs Larnder has been issued 32,860 Ordinary Shares.
The Ordinary Shares issued pursuant to the Option Exercise have been satisfied by way of a transfer of Ordinary Shares currently held by the Company's employee benefit trust. Further details of the PSP can be found in the Company's annual report and accounts at www.synecticsplc.com.
Summary of transactions:
Name | Position | Status | Number of options under the PSP exercised | Ordinary Shares issued (net of Tax Liability) | Number of Ordinary Shares sold |
Amanda Larnder | Chief Executive Officer | Executive Director | 62,000 | 32,860 | 0 |
Name | Number of Ordinary Shares held prior to exercise | Number of Ordinary Shares issued | Resultant interest in Ordinary Shares | % of the Company's issued share capital | Interest in Options over Ordinary Shares |
Amanda Larnder | 44,431 | 32,860 | 77,291 | 0.43 | 1,040,000 |
For further information, please contact:
Synectics plc Claire Stewart, Company Secretary email: [email protected] | Tel: +44 (0) 114 280 2828 www.synecticsplc.com |
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Singer Capital Markets | Tel: +44 (0) 20 7496 3000 |
Jen Boorer / James Fischer / Patrick Weaver | |
Vigo Consulting Jeremy Garcia / Fiona Hetherington / Peter Jacob | Tel: +44 (0) 20 7390 0230 |
About Synectics plc
Synectics plc (AIM: SNX) is a leader in advanced security and surveillance solutions that help protect people, property and assets around the world.
It transforms customer operations by seamlessly integrating systems, technologies, and data into a unified solution-enhancing safety, improving efficiency, and enabling smarter, faster decision-making and response capabilities.
With its technical expertise, decades of experience, and strong partnerships, Synectics sets itself apart by delivering innovation and service that drive real value and long-term success.
Find out more at www.synecticsplc.com.
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 (PCA) | |
a) | Name | Amanda Larnder
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2 | Reason for the notification | |
a) | Position/status | Chief Executive Officer |
b)
| Initial notification /Amendment | Initial notification |
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| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Synectics plc
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b) | LEI | 213800C1F7YZH96U2Z49
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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 20 pence each GB0007156838 |
b) | Nature of the transaction | Exercise of options under Performance Share Plan
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c) | Price(s) and volume(s) | Price: 177.50 pence
Volume: 62,000
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d) | Aggregated information - Aggregated volume - Price | N/A - single transaction
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e) | Date of the transaction | 13 March 2026
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f) | Place of the transaction | AIM, London Stock Exchange
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Related Shares:
Synectics