Provident Financial PLC Director/PDMR Shareholding (8774I)
16 Diciembre 2020 - 5:46AM
UK Regulatory
TIDMPFG
RNS Number : 8774I
Provident Financial PLC
16 December 2020
Provident Financial plc ("the Company")
Director/PDMR Transaction - Initial Notification
The Company announces that 3,208 ordinary shares of 20 8/11p
("Shares") have been delivered for no consideration to Malcolm Le
May, who is a director of the Company, as a role based allowance
(the "RBA").
The RBA is equal in value to 15% of his base salary as at the
date of this announcement but pro rated for the period starting on
3 November 2020 (being the date on which the Company's shareholders
approved the directors' remuneration policy including the award of
RBAs) and ending on 31 December 2020. The number of Shares
delivered was calculated by dividing the monetary value of the RBA
(less deductions for income tax and social security) by the closing
mid-market price of a Share on the London Stock Exchange on 15
December 2020.
The Shares delivered under the RBA will be held by a nominee and
subject to a holding period, during which the Shares cannot be
sold, transferred, charged, pledged, mortgaged or otherwise
encumbered. The holding period will end for one third of the Shares
subject to the RBA on each of 15 December 2021, 15 December 2022
and 15 December 2023.
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 Ordinary Shares of 20 8/11p
financial instrument,
type of instrument
Identification code GB00B1Z4ST84
---------------------------- -------------------------------------
b) Nature of the transaction Delivery of Shares as a role based
allowance .
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0 3,208
----------
---------------------------- -------------------------------------
d) Aggregated information Not applicable
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 15 December 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 :
15 December 2020
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END
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(END) Dow Jones Newswires
December 16, 2020 06:46 ET (11:46 GMT)
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