TIDMNSF

RNS Number : 7284O

Non-Standard Finance PLC

03 October 2019

Non-Standard Finance plc

(the 'Company' or the 'Group')

Purchase of shares in respect of Non-Executive Director fees

Director/PDMR Shareholding

3 October 2019

In accordance with the Group's Remuneration Policy approved by shareholders on 14 May 2018, the Group announces the purchase by Mr. Charles Gregson, Non-Executive Chairman of the Company, of 22,300 ordinary shares of GBP0.05 each ('Ordinary Shares') at a price of 38p per Ordinary Share and a total cost (excluding dealing costs) of GBP8,474.

The Company gave funds to Mr. Gregson to be applied for the immediate purchase of Ordinary Shares by Mr. Gregson to satisfy 50% of the post-tax fees due to be paid to Mr. Gregson by the Company for the period from 1 July 2019 to 30 September 2019. The remaining 50% of fees in relation to that period has been paid in cash. It is expected that future share purchases will be made quarterly, in the same manner, to satisfy 50% of the post-tax fees due to Mr. Gregson for the previous three month-period.

As a result of the above transaction, Mr. Gregson has a beneficial interest in 372,617 Ordinary Shares, representing 0.1 per cent of the issued share capital of the Company.

For more information:

 
 
            Non-Standard Finance plc                                        +44 (0) 20 3869 
             Peter Reynolds, Director, IR and Communications                     9026

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Charles Gregson 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             Non-Executive Chairman 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                        Non-Standard Finance plc 
     --------------------------  ------------------------------------------- 
 b)   LEI                         213800DVBNIJ1J2OF119 
     --------------------------  ------------------------------------------- 
 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          Ordinary shares of 5p each in the capital 
       financial instrument,       of Non-Standard Finance plc 
       type of instrument 
                                   GB00BRJ6JV17 
       Identification code 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Purchase of Ordinary Shares by Charles 
                                   Gregson in respect of 50% of his post-tax 
                                   directors fees 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     38 pence   22,300 Ordinary 
                                                 Shares 
                                               ---------------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          22,300 Ordinary Shares 
 
 
       - Price                      38 pence 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     3 October 2019 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  -------------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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October 03, 2019 11:17 ET (15:17 GMT)

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