Director/PDMR Shareholding

RNS Number : 2555I

Provident Financial PLC

22 November 2018

 

Provident Financial plc ("the Company")

Director/PDMR Transaction - Initial Notification

The Company announces that it has granted options over the Company's ordinary shares of 20 8/11p to each Malcolm Le May and Richard King as persons discharging managerial responsibility in the Company. The options were granted under the Provident Financial Savings Related Share Option Scheme 2013, on 4 October 2018 with a contract start date of 1 December 2018, with an exercise price of £5.38 per ordinary share.  The options granted to Malcolm Le May will mature 5 years from the grant date and the options granted to Richard King will mature 3 years from the grant date.

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	Malcolm Le May
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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 8/11p GB00B1Z4ST84
b)	Nature of the transaction	Options granted pursuant to the Provident Financial Savings Related Share Option Scheme 2013.
c)	Price(s) and volume(s)	Price(s) Volume(s) £5.38 5,576
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	4 October 2018
f)	Place of the transaction	Outside a trading venue

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	Richard King
2	Reason for the 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 8/11p GB00B1Z4ST84
b)	Nature of the transaction	Options granted pursuant to the Provident Financial Savings Related Share Option Scheme 2013.
c)	Price(s) and volume(s)	Price(s) Volume(s) £5.38 2,676
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	4 October 2018
f)	Place of the transaction	Outside a trading venue

Name of authorised official of issuer responsible for making notification:

David Whincup, Deputy Company Secretary   

Date of Notification:

22 November 2018

 

END

 

 

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