Director/PDMR Shareholding

RNS Number : 4161Y

Provident Financial PLC

12 May 2021

 

Provident Financial plc ("the Company")

Director/PDMR Transaction - Initial Notification

The Company announces that on 11 May 2021, 34,265 ordinary shares of 20 8/11p ("Shares") have vested to Neeraj Kapur, who is a director of the Company, in respect of a Buy Out Award Agreement granted in April 2020.  16,186 of those Shares were sold on 12 May 2021 to satisfy income tax and national insurance contributions due on vesting.

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	Neeraj Kapur
2	Reason for the notification
a)	Position/status	Chief Finance 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	(1) Vesting of a conditional award by the Company over 34,265 shares under a Buy Out Award Agreement. (2) subsequent sale of 16,186 Shares to satisfy income tax and national insurance contributions due on vesting.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 34,265 £2.39 16,186
d)	Aggregated information - Aggregated volume - Price	Acquisition on vesting Sale 34,265 16,186 Nil £38,684
e)	Date of the transaction	12 May 2021
f)	Place of the transaction	(1) Outside a trading venue (2) London Stock Exchange

Name of authorised official of issuer responsible for making notification:

David Whincup, Deputy Company Secretary

Date of Notification :

12 May 2021

 

END

 

 

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