TIDMPFG

RNS Number : 2728I

Provident Financial PLC

31 March 2020

Provident Financial plc ("the Company")

Director/PDMR Transaction - Initial Notification

The Company announces that it has granted the following awards on 30 March 2020 over the Company's ordinary shares of 20 8/11p as follows:

1. The Company has granted conditional awards over 550,975 ordinary shares of 20 8/11p for no consideration to Malcolm Le May, who is a director of the Company, under the Provident Financial Long Term Incentive Scheme 2015 (the "LTIS Awards"); and

2. The Company has granted awards over 118,365 and 54,498 ordinary shares of 20 8/11p to Malcolm Le May and Simon Thomas respectively, who are directors of the Company, under the Provident Financial Deferred Bonus Plan (the "DBP Awards") at a price of GBP2.20 per ordinary share.

In respect of the DBP Awards, SG Kleinwort Hambros Trust Company (CI) Limited subscribed for 172,863 ordinary shares and will transfer the legal and beneficial interest to the participants in satisfaction of the DBP Awards granted subject to and in accordance with the terms of the Provident Financial Deferred Bonus Plan.

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                         Malcolm Le May 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              Chief Executive Officer 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Provident Financial plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          213800U93SZC44VXN635 
     ---------------------------  -------------------------------------- 
 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,         Ordinary Shares of 20 8/11p 
       type of instrument 
                                     GB00B1Z4ST84 
       Identification code 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Acquisition of a conditional award 
                                    under the Provident Financial Long 
                                    Term Incentive Scheme 2015 and an 
                                    award under the Provident Financial 
                                    Deferred Bonus Plan. 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      GBP0        550,975 
                                                 ---------- 
                                      GBP2.20     118,365 
                                                 ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           669,340 
 
       - Price                       GBP260,760 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      30 March 2020 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     Outside a trading venue 
     ---------------------------  --------------------------------------

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                        Simon Thomas 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Chief Finance Officer 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Provident Financial plc 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800U93SZC44VXN635 
     --------------------------  --------------------------------------- 
 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,        Ordinary Shares of 20 8/11p 
       type of instrument 
                                    GB00B1Z4ST84 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   An award under the Provident Financial 
                                   Deferred Bonus Plan. 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP2.20     54,498 
                                                ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          54,498 
 
       - Price                      GBP120,060 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30 March 2020 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ---------------------------------------

Name of authorised official of issuer responsible for making notification:

David Whincup, Deputy Company Secretary

Date of Notification :

31 March 2020

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

DSHFLFEVVDILVII

(END) Dow Jones Newswires

March 31, 2020 09:59 ET (13:59 GMT)

Provident Financial (LSE:PFG)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Provident Financial.
Provident Financial (LSE:PFG)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Provident Financial.