Paypoint plc : Director/PDMR Shareholding

29 June 2012

PayPoint plc

PayPoint plc (the "Company") announces that on 28 June 2012, in accordance with the rules of the PayPoint plc Long Term Incentive Plan (the 'LTIP'), LTIP Awards granted in 2009 vested and Ordinary shares in the Company were released to the Executive Directors and Persons Discharging Managerial Responsibility ('PDMR') listed below.

The release of LTIP awards is dependent upon the Total Shareholder Return performance of the Company relative to its comparator group measured over a three year period from the date of grant. The level of vesting for awards granted in 2009 was 40.1%

The awards were granted on 4 June 2009 at a price of £5.275 per share. The closing price of Ordinary shares in the Company on the day of release was £7.04 per share.

Director	Awards granted	Awards vested	Awards deducted in lieu of tax and NI*	Balance of Ordinary shares released
George Earle	54,526	21,864	11,370	10,494
Dominic Taylor	86,445	34,664	18,026	16,638
Tim Watkin-Rees	46,578	18,677	9,713	8,964

PDMR	Awards granted	Awards vested	Awards deducted in lieu of tax and NI*	Balance of Ordinary shares released
Graham Bird	7,393	2,964	1,542	1,422
Michael Norton	13,744	5,511	2,866	2,645**

* Tax and National Insurance liability will be satisfied by the Company in cash

**In lieu of the release of 2,645 Ordinary shares, the Company made a cash award to Michael Norton in a sum equivalent to £7.04 per share.

The Company further announces that the following conditional share award was granted on 28 June 2012 as follows:

PDMR	Award
Graham Bird	14,349

The release of the above award is dependent upon the participant remaining as an employee of the PayPoint group throughout a holding period ending on 31 March 2014.  

Enquiries:

Susan Court
Company Secretary
PayPoint plc

Tel: [phone]
-end-

---

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Paypoint plc via Thomson Reuters ONE

HUG#1623218