15 July 2024
Finseta plc
("Finseta", "the
Company" or "the Group")
Director/PDMR
Shareholding
Finseta (AIM: FIN), a foreign
exchange and payments solutions company offering multi-currency
accounts to businesses and individuals through its proprietary
technology platform, announces that it has been informed of the
following transactions in the ordinary shares of 1
penny each in the Company ("Ordinary Shares"):
- On 11 July
2024, Gareth Edwards, Non-Executive Chairman of the Company,
purchased 65,000 Ordinary Shares into a SIPP in his name at a price
of 38.5p per Ordinary Share. Following this purchase, Gareth holds
an interest in 790,846 Ordinary Shares, representing approximately
1.4 per cent of the Company's total voting rights.
- On 11 July
2024, Simon Bullock, Non-Executive Director of the Company,
purchased 25,000 Ordinary Shares at a price of 38.5p per Ordinary
Share. Following this purchase, Simon holds an interest in 125,000
Ordinary Shares, representing approximately 0.2 per cent of the
Company's total voting rights.
- On 11 July 2024
and 12 July 2024, Bill Newton, Chief Information Officer of the
Company, sold in aggregate 338,000 Ordinary Shares at an average
price of 38.68p per Ordinary Share. Following this sale, Bill and
his closely associated persons hold an interest in 2,192,787
Ordinary Shares, representing approximately 3.8 per cent of the
Company's total voting rights.
The notifications below, made in
accordance with the requirements of the EU Market Abuse Regulation
as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018, provide further detail.
Enquiries
|
Finseta plc
|
+44 (0)203
971 4865
|
|
James Hickman, Chief Executive
Officer
Judy Happe, Chief Financial
Officer
|
|
|
|
|
|
Shore Capital (Nominated Adviser
and Broker)
|
+44 (0)207
408 4090
|
|
Daniel Bush, Tom Knibbs (Corporate
Advisory)
Guy Wiehahn (Corporate Broking)
|
|
|
|
|
|
Gracechurch Group (Financial
PR)
|
+44 (0)204
582 3500
|
|
Harry Chathli, Claire
Norbury
|
|
About Finseta plc
Finseta plc (AIM: FIN) is a foreign
exchange and payments company offering multi-currency accounts and
payment solutions to businesses and individuals. Headquartered in
the City of London, Finseta combines a proprietary technology
platform with a high level of personalised service to support
clients with payments in over 150 countries in 58 currencies. With
a track record of over 12 years, Finseta has the expertise,
experience and expanding global partner network to be able to
execute complex cross-border payments. It is fully regulated,
through its wholly-owned subsidiaries, by the Financial Conduct
Authority as an Electronic Money Institution and by the Financial
Transactions and Reports Analysis Centre of Canada as a Money
Services Business.
www.finseta.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
|
|
a)
|
Name
|
Gareth Edwards
|
|
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
|
Finseta plc
|
|
b)
|
LEI
|
213800O4IL2RXZ2BZ956
|
|
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 penny each
|
|
|
|
|
Identification code
|
GB00BNG7CD28
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
38.5 pence
|
65,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
N/A - single transaction
|
|
|
|
|
- Price
|
N/A - single transaction
|
|
|
|
|
e)
|
Date of the transaction
|
11 July 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM
|
|
1
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Simon Bullock
|
|
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
|
Finseta plc
|
|
b)
|
LEI
|
213800O4IL2RXZ2BZ956
|
|
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 penny each
|
|
|
|
|
Identification code
|
GB00BNG7CD28
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
38.5 pence
|
25,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
N/A - single transaction
|
|
|
|
|
- Price
|
N/A - single transaction
|
|
|
|
|
e)
|
Date of the transaction
|
11 July 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM
|
|
1
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Bill Newton
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Chief Information Officer and 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
|
Finseta plc
|
|
b)
|
LEI
|
213800O4IL2RXZ2BZ956
|
|
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 penny each
|
|
|
|
|
Identification code
|
GB00BNG7CD28
|
|
|
|
|
b)
|
Nature of the transaction
|
Sale of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
38.5 pence
|
100,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
N/A - single transaction
|
|
|
|
|
- Price
|
N/A - single transaction
|
|
|
|
|
e)
|
Date of the transaction
|
11 July 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM
|
|
1
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Bill Newton
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Chief Information Officer and 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
|
Finseta plc
|
|
b)
|
LEI
|
213800O4IL2RXZ2BZ956
|
|
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 penny each
|
|
|
|
|
Identification code
|
GB00BNG7CD28
|
|
|
|
|
b)
|
Nature of the transaction
|
Sale of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
38.75 pence
|
238,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
N/A - single transaction
|
|
|
|
|
- Price
|
N/A - single transaction
|
|
|
|
|
e)
|
Date of the transaction
|
12 July 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM
|