Director/PDMR Shareholding

Finseta PLC

23 September 2024

 

23 September 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 that Gareth Edwards, Non-Executive Chairman of the Company, has today transferred 52,450 ordinary shares of 1 penny each in the Company ("Ordinary Shares") from his personal holding into his SIPP. This transfer was effected by way of the sale of 52,450 Ordinary Shares at a price of 38.05 pence per Ordinary Share followed by the immediate purchase of 52,450 Ordinary Shares by his SIPP at a price of 38.00 pence per Ordinary Share.

Following these transactions, Gareth Edwards' interest in the Company's Ordinary Shares remains unchanged at 790,846 Ordinary Shares, representing approximately 1.4 per cent of the Company's total voting rights.

The notification 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, provides further detail.

Enquiries 

Finseta plc	[phone]
James Hickman, Chief Executive Officer  Judy Happe, Chief Financial Officer
Shore Capital (Nominated Adviser and Broker)	[phone]
Daniel Bush, Tom Knibbs (Corporate Advisory) Guy Wiehahn (Corporate Broking)
Gracechurch Group (Financial PR)	[phone]
Harry Chathli, Claire Norbury, Henry Gamble

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 165 countries in 140 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	1.    Sale of Ordinary Shares out of Mr Edwards' personal holding 2.    Purchase of Ordinary Shares into Mr Edwards' SIPP
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1.    38.05 pence	52,450
			2.    38.00 pence	52,450
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	23 September 2024
f)	Place of the transaction	London Stock Exchange, AIM

 

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