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/Equities/AIMX/WPHO/RNS

Issue of Equity & Director/PDMR Shareholding

RNS Number : 4412Y

Windar Photonics PLC

03 January 2024

Windar Photonics plc

("Windar" or the "Company")

Issue of Equity &

Director/PDMR Shareholding

Windar Photonics plc (AIM:WPHO), the technology group that has developed a cost efficient and innovative LiDAR wind sensor for use on electricity generating wind turbines, announces that it has agreed to issue in aggregate 295,000 new ordinary shares of 1 pence each in the capital of the Company ("New Ordinary Shares"), to certain non-executive directors and a PDMR, in lieu of fees details of which are set out below:

Name	Title	Fees due	Issue price	Shares issued in lieu of fees	Holding post the issue of New Ordinary Shares	% of Issued Share capital
David Lis	Non-Executive Chairman	£ 21,600.00	36p	60,000	397,500	0.6%
Andrew ("Andy") John Richardson	Non-Executive Director	£ 10,000.00	20p	50,000	50,000	0.1%
Paul Joseph Hodges	Non-Executive Director	£ 25,000.00	20p	125,000	2,250,318	3.3%
Jason Smith	PDMR	£ 12,000.00	20p	60,000	60,000	0.1%

Application has been made for a total of 295,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will be effective from 9 January 2024. Following Admission, the Company's issued share capital will consist of 68,656,444 Ordinary Shares of which no shares are held in treasury. Therefore, the total number of voting rights in the Company is 68,656,444. Shareholders may use this figure 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 Company under the FCA's Disclosure and Transparency Rules.

For further information, please visit http://www.investor.windarphotonics.com or contact:

Windar Photonics plc
Jørgen Korsgaard Jensen, CEO	Tel: +45 24234930

WH Ireland Limited (Nomad & Broker)
Hugh Morgan / James Bavister / Isaac Hooper	Tel: +44 20 7220 1666

Notes to Editors:

Windar Photonics is a technology group that develops cost-efficient and innovative Light Detection and Ranging ("LiDAR") optimisation systems for use on electricity generating wind turbines. LiDAR wind sensors in general are designed to remotely measure wind speed and direction.

1	Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
a)	Name	David Lis
2	Reason for the notification
a)	Position/status	Non-Executive Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Windar Photonics plc
b)	LEI	2138003JZZMKJGOOCR02
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 1 pence each

	Identification code	GB00BTFR4F17

b)	Nature of the transaction	Issue of New Ordinary Shares in lieu of fees
c)	Price(s) and volume(s)	Volume: 60,000 ordinary shares Price: 36 pence



d)	Aggregated information

	- Aggregated volume	N/A

	- Price

e)	Date of the transaction	2 January 2024
f)	Place of the transaction	London Stock Exchange (AIM: WPHO)

1	Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
a)	Name	Andrew ("Andy") John Richardson
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Windar Photonics plc
b)	LEI	2138003JZZMKJGOOCR02
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 1 pence each

	Identification code	GB00BTFR4F17

b)	Nature of the transaction	Issue of New Ordinary Shares in lieu of fees
c)	Price(s) and volume(s)	Volume: 50,000 ordinary shares Price: 20 pence



d)	Aggregated information

	- Aggregated volume	N/A

	- Price

e)	Date of the transaction	2 January 2024
f)	Place of the transaction	London Stock Exchange (AIM: WPHO)

1	Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
a)	Name	Paul Joseph Hodges
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Windar Photonics plc
b)	LEI	2138003JZZMKJGOOCR02
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 1 pence each

	Identification code	GB00BTFR4F17

b)	Nature of the transaction	Issue of New Ordinary Shares in lieu of fees
c)	Price(s) and volume(s)	Volume: 125,000 ordinary shares Price: 20 pence



d)	Aggregated information

	- Aggregated volume	N/A

	- Price

e)	Date of the transaction	2 January 2024
f)	Place of the transaction	London Stock Exchange (AIM: WPHO)

1	Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
a)	Name	Jason Smith
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	Windar Photonics plc
b)	LEI	2138003JZZMKJGOOCR02
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 1 pence each

	Identification code	GB00BTFR4F17

b)	Nature of the transaction	Issue of New Ordinary Shares in leui of fees
c)	Price(s) and volume(s)	Volume: 60,000 ordinary shares Price: 20 pence



d)	Aggregated information

	- Aggregated volume	N/A

	- Price

e)	Date of the transaction	2 January 2024
f)	Place of the transaction	London Stock Exchange (AIM: WPHO)

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