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

 

END

 

 

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