Scrip Dividend Election & PDMR Dealing

4 May 2021

AIM: WYN

Wynnstay Group plc

(the "Company")

Scrip Dividend Election, PDMR Dealing and Total Shares in Issue

The Company reports that in respect of the final dividend for the year ended 31 October 2020, paid on 30 April 2021, holders of a total of 2,935,559 ordinary shares of 25p each in the Company ("Ordinary Shares") elected to accept the scrip dividend alternative. This represented approximately 14.6% of the Ordinary Shares in issue on 6 April 2021, being the record date for the final dividend. Accordingly, 62,906 new Ordinary Shares have been issued in satisfaction of the scrip dividend alternative at an equivalent price of £4.654 each.  This has increased the enlarged issued Ordinary Share capital of the Company to 20,137,949 Ordinary Shares.

In the issue, as set out in the dealing notifications below, three directors of the Company received new Ordinary Shares in lieu of cash dividends.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence on 5 May 2021.

Following the above transactions and for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue as at the date of this notice is 20,137,949 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 20,137,949.

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.

Dealing notification forms for use by persons discharging managerial responsibility and their closely associated persons