Director/PDMR Shareholding

RNS Number : 8138Q
Provident Financial PLC
14 September 2017
 

Provident Financial plc ("the Company")

PDMR transaction - Initial Notification

The Company announces that the conditional award granted to the following person discharging managerial responsibility ("PDMR") over the Company's ordinary shares of 20 8/11p on 17 October 2016, vested in full on 6 September 2017. The Company was notified on 14 September 2016 of the following transactions in relation to the award as set out below:

Director/ PDMR

Beneficial holding of Ordinary Shares prior to the Dealing

% of issued share capital prior to the Dealing

Ordinary Shares acquired/sold by or on behalf of Director / PDMR

Resultant Beneficial holding of Ordinary Shares after the Dealing

Resultant % of issued share capital after the Dealing

Chris Sweeney

22,499 unrestricted shares and 90,928 restricted shares

0.015%

 

0.061%

16,330 unrestricted shares acquired and 7,285 shares sold.

31,544 unrestricted shares and 90,928 restricted shares.

0.021%

 

0.061%

 

 

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

Chris Sweeney

2

Reason for Notification

a)

Position/status

PDMR

b)

Initial notification/Amendment

Initial Notification

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, type of instrument

Identification code

Ordinary Shares of 20 8/11 pence each in Provident Financial plc

GB00B1Z4ST84

b)

Nature of the transaction

i)          grant of conditional award by the Company over 16,330 shares vested on 6 September 2017; and

ii)         sale of 7,285 shares on 13 September 2017 to satisfy tax, national insurance contributions and dealing costs in connection with the conditional award that vested on 6 September 2017.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

£8.34

16,330

7,285

d)

Aggregated information

-     Aggregated volume

-     Price

Vesting                               Sale

16,330                                 7,285

Nil                                       £60,756.90

e)

Date of the transaction

13 September 2017

f)

Place of the transaction

London Stock Exchange

 

Name of authorised official of issuer responsible for making notification:

Paula Watts, Deputy Company Secretary

Date of Notification:

14 September 2017


This information is provided by RNS
The company news service from the London Stock Exchange
 
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