RNS: PSP Exercise and Sale Announcement

Exercise of Options under Share Plan and subsequent Sale of Shares PDMR shareholdings

Synectics (AIM: SNX), a leader in the design, integration, control and management of advanced surveillance technology and networked security systems, announces that on 9 May 2018 the following share options, which vested under the performance criteria of its Performance Share Plan ('PSP'), were exercised and either held or sold by Executive Directors and other Persons Discharging Managerial Responsibility ('PDMRs').

Name	Position	Status	PSP options exercised	Of which, subsequently held in own name	Of which, subsequently sold
Paul Webb*	Chief Executive, Synectics plc	Executive Director and PDMR	50,000	26,322	23,678
Mike Stilwell	Finance Director, Synectics plc	Executive Director and PDMR	25,000	-	25,000
David Aindow	Business Strategy Director, Synectic Systems Group Limited	PDMR	25,000	-	25,000
Darren Alder	Divisional Director, Oil & Gas, Synectic Systems Group Limited	PDMR	7,500	-	7,500
Stacey Anderson	Managing Director, SSS Management Services	PDMR	7,500	-	7,500
Jeff Fail	Organisational Development Director, Synectics plc	PDMR	30,000	-	30,000

*Paul Webb, Chief Executive, sold sufficient shares to cover the immediate tax liability on exercise of the options. The balance of 26,322 shares were transferred into his own name.

Following these transactions, their total interests in Synectics shares are now as follows:

Name	Position	Ordinary Shares Held	Interest in Share Schemes	Resultant Total Interest	% of Issued Share Capital
Paul Webb	Chief Executive, Synectics plc	36,322	251,325	287,647	1.62%
Mike Stilwell	Finance Director, Synectics plc	6,910	26,273	33,183	0.19%
David Aindow	Business Strategy Director, Synectic Systems Group Limited	-	13,000	13,000	0.07%
Darren Alder	Divisional Director, Oil & Gas, Synectic Systems Group Limited	-	15,000	15,000	0.08%
Stacey Anderson	Managing Director, SSS Management Services	-	16,000	16,000	0.09%
Jeff Fail	Organisational Development Director, Synectics plc	-	14,000	14,000	0.08%

Full details of the PSP are set out in the Company's Annual Report for the year ended 30 November 2017.

Commenting, Paul Webb, Chief Executive, said:

'I am very pleased that the Company's performance has led to the vesting in full of the share awards issued in March 2015.

'I have chosen to retain the maximum number of shares from my award after selling sufficient to cover the immediate tax liability. Other award holders have made their own individual choices.'