Director/PDMR Dealing

RNS Number : 4362V

Fintel PLC

13 December 2021

 

13 December 2021

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Fintel plc

(the "Company" or "Fintel")

Director / PDMR Dealing

Fintel plc, the leading independent provider of fintech and support services to the UK's retail financial services sector, is pleased to announce that it has been notified that Matt Timmins, Neil Stevens and David Thompson, each of whom are directors of the Company (the "Directors") have purchased, in aggregate, 53,476 ordinary shares in the Company as listed below. In addition, Austin Timmins (a person closely associated with a PDMR) has purchased 2,000 ordinary shares in the Company.

Following this transaction, the Directors have a resulting interest in the ordinary shares of the Company as listed below.

Name	Shares in Fintel before purchase	Shares in Fintel purchased	Shares in Fintel held after purchase	% total shares in issue
Matt Timmins* (Joint CEO)	3,715,213	8,000	3,723,213	3.62%
Neil Stevens (Joint CEO)	3,683,660	23,803	3,707,463	3.60%
David Thompson (CFO)	0	23,673	23,673	0.02%

*Includes shares held by Austin Timmins, a person closely associated to Matt Timmins

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

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	Matt Timmins
2	Reason for the notification
a)	Position/status	Joint Chief Executive Officer (PDMR)
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fintel plc
b)	LEI	213800DXP1VY21GCTH04
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  Identification Code	Ordinary shares of 1 p each ISIN:  GB00BG1THS43
b)	Nature of the transaction	Purchase of ordinary shares of 1p each
c)	Price(s) and volume(s)	Price(s):    210p Volume(s)  6,000
d)	Aggregated information	N/a - single transaction
e)	Date of transaction	10 December 2021
f)	Place of transaction	London stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Neil Stevens
2	Reason for the notification
a)	Position/status	Joint Chief Executive Officer (PDMR)
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fintel plc
b)	LEI	213800DXP1VY21GCTH04
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  Identification Code	Ordinary shares of 1 p each ISIN:  GB00BG1THS43
b)	Nature of the transaction	Purchase of ordinary shares of 1p each
c)	Price(s) and volume(s)	Price(s):    210 p Volume(s)  23,803
d)	Aggregated information	N/a - single transaction
e)	Date of transaction	10 December 2021
f)	Place of transaction	London stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	David Thompson
2	Reason for the notification
a)	Position/status	Chief Financial Officer (PDMR)
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fintel plc
b)	LEI	213800DXP1VY21GCTH04
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  Identification Code	Ordinary shares of 1 p each ISIN:  GB00BG1THS43
b)	Nature of the transaction	Purchase of ordinary shares of 1p each
c)	Price(s) and volume(s)	Prices Volume   210.43 2,376   210.43 2,376   211.06 2,368   211.06 2,368   211.06 2,368   211.06 2,368   211.06 2,368   211.00 2,369   212.18 2,356   212.18 2,356
d)	Aggregated information	Price  211.15 Volume  23,673
e)	Date of transaction	13 December 2021
f)	Place of transaction	London stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Austin Timmins
2	Reason for the notification
a)	Position/status	PDMR Child (PCA to Matt Timmins)
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fintel plc
b)	LEI	213800DXP1VY21GCTH04
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  Identification Code	Ordinary shares of 1 p each ISIN:  GB00BG1THS43
b)	Nature of the transaction	Purchase of ordinary shares of 1p each
c)	Price(s) and volume(s)	Price(s):    210.64p Volume(s)  2,000
d)	Aggregated information	N/a - single transaction
e)	Date of transaction	10 December 2021
f)	Place of transaction	London stock Exchange, AIM

For further information please contact:

Fintel plc  via Instinctif Partners

Matt Timmins (Joint Chief Executive Officer)

Neil Stevens (Joint Chief Executive Officer)

Zeus Capital (Nominated Adviser and Joint Broker)  [phone]

Martin Green

Dan Bate

Investec Bank (Joint Broker)  [phone]

Bruce Garrow

David Anderson

Harry Hargreaves

Instinctif Partners (Financial PR) [phone]

Mark Walter   [e-mail]

Andy Lane 

 

END

 

 

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