Director/PDMR Shareholding

RNS Number : 5237L

Provident Financial PLC

19 April 2018

 

Provident Financial plc ("the Company")

Director/PDMR Transaction - Initial Notification

On 18 April 2018, the Company was notified that on 17 April 2018 SG Kleinwort Hambros Trust Company (CI) Limited, as trustees of the Provident Financial plc 2007 Employee Benefit Trust, transferred:

·     the beneficial interest in 1,413,891 ordinary shares of 20 8/11p in the capital of the Company for no consideration to Malcolm Le May, Andrew Charles Fisher, Greg Cant, Chris Gillespie, Shamus Hodgson, Richard King, David Merrett, Ken Mullen and Chris Sweeney, who are all directors/persons discharging managerial responsibility ("PDMRs") in the Company, in satisfaction of the awards granted on 16 April 2018 subject to and in accordance with the terms of the Provident Financial Long Term Incentive Scheme 2015 (the "LTIS Awards"); and

·     the beneficial interest in 96,266 ordinary shares of 20 8/11p in the capital of the Company for no consideration to Chris Sweeney, in satisfaction of an additional award granted on 16 April 2018 separately to the LTIS Awards and subject to and in accordance with a grant deed entered into between the Company and the PDMR ("Additional Conditional Award").

Director/ PDMR	Beneficial holding of Ordinary Shares prior to the Dealing	% of issued share capital prior to the Dealing	Ordinary Shares acquired by or on behalf of Director / PDMR	Resultant Beneficial holding of Ordinary Shares after the Dealing	Resultant % of issued share capital after the Dealing
Malcolm Le May	0 unrestricted shares and 0 restricted shares	0% 0%	204,498 restricted shares	0 unrestricted shares and 204,498 restricted shares	0% 0.08%
Andrew Charles Fisher	293,385 unrestricted shares and 128,789 restricted shares	0.115% 0.05%	40,169 restricted shares	293,385 unrestricted shares and 168,958 restricted shares	0.115% 0.066%
Greg Cant	1,848 unrestricted shares and 12,584 restricted shares	0.0007% 0.004%	25,197 restricted shares	1,848 unrestricted shares and 37,781 restricted shares	0.0007% 0.014%
Chris Gillespie	24,728 unrestricted shares and 0 restricted shares	0.009% 0%	98,597 restricted shares	24,728 unrestricted shares and 98,597 restricted shares	0.009% 0.038%
Shamus Hodgson	6,040 unrestricted shares and 13,509 restricted shares	0.002% 0.005%	43,821 restricted shares	6,040 unrestricted shares and 57,330 restricted shares	0.002% 0.022%
Richard King	0 unrestricted shares and 0 restricted shares	0% 0%	16,432 restricted shares	0 unrestricted shares and 16,432 restricted shares	0% 0.006%
David Merrett	16,279 unrestricted shares and 10,892 restricted shares	0.006% 0.004%	25,525 restricted shares	16,279 unrestricted shares and 36,417 restricted shares	0.006% 0.014%
Ken Mullen	14,309 unrestricted shares and 17,414 restricted shares	0.005% 0.006%	36,517 restricted shares	14,309 unrestricted shares and 53,931 restricted shares	0.005% 0.021%
Chris Sweeney	31,810 unrestricted shares and 83,266 restricted shares	0.012% 0.032%	256,943 restricted shares	31,810 unrestricted shares and 340,209 restricted shares	0.012% 0.134%

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	Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 204,498
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	17 April 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	Andrew Fisher
2	Reason for the notification
a)	Position/status	Finance Director
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	Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 40,169
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	17 April 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	Greg Cant
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	Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 25,197
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	17 April 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	Chris Gillespie
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	Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 98,597
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	17 April 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	Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 16,432
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	17 April 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	Shamus Hodgson
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	Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 43,821
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	17 April 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	David Merrett
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	Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 25,525
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	17 April 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	Ken Mullen
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	Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 36,517
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	17 April 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	Chris Sweeney
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	Acquisition of 160,677 shares under the Provident Financial Long Term Incentive Scheme 2015 and 96,266 shares under the Additional Conditional Award.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 160,677 £0 96,266
d)	Aggregated information - Aggregated volume - Price	256,943 £0
e)	Date of the transaction	17 April 2018
f)	Place of the transaction	Outside a trading venue

Name of authorised official of issuer responsible for making notification:

Ken Mullen, General Counsel and Company Secretary

Date of Notification:

19 April 2018

 

END

 

 

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