Director/PDMR Shareholding

RNS Number : 8320Q

Provident Financial PLC

08 June 2018

 

Provident Financial plc ("the Company")

Director/PDMR Transaction - Initial Notification

On 8 June 2018, the Company was notified of the transactions set out below in relation to New Ordinary Shares and resulting shareholdings by Andrew Fisher and David Merrett, who are both directors/persons discharging managerial responsibility ("PDMRs") in the Company under the Provident Financial Long Term Incentive Scheme 2015.

Director/ PDMR	Beneficial holding of Ordinary Shares prior to the Dealing	% of issued share capital prior to the Dealing	Ordinary Shares acquired/sold on behalf of Director / PDMR	Resultant Beneficial holding of Ordinary Shares after the Dealing	Resultant % of issued share capital after the Dealing
Andrew Charles Fisher	171,288 unrestricted shares and 168,958 restricted shares	0.115% 0.066%	11,560 unrestricted shares sold	159,728 unrestricted shares and 168,958 restricted shares	0.063% 0.066%
David Michael Merrett	16,307 unrestricted shares and 36,417 restricted shares	0.006% 0.014%	1,833 unrestricted shares sold	14,474 unrestricted shares and 36,417 restricted shares	0.005% 0.014%

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	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	Sale of 11,560 shares to satisfy tax and national insurance contributions arising from the take up of rights from shares held in the Provident Financial Long Term Incentive Scheme.
c)	Price(s) and volume(s)	Price per Ordinary Share Volume - number of Ordinary Shares £6.8419 11,560
d)	Aggregated information - Aggregated volume - Aggregated Price	Aggregated price Aggregated volume £79,092.36 11,560
e)	Date of the transaction	10 May 2018
f)	Place of the transaction	London Stock Exchange

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	Sale of 1,833 shares to satisfy tax and national insurance contributions arising from the take up of rights from shares held in the Provident Financial Long Term Incentive Scheme.
c)	Price(s) and volume(s)	Price per Ordinary Share Volume - number of Ordinary Shares £6.8419 1,833
d)	Aggregated information - Aggregated volume - Aggregated price	Aggregated price Aggregated volume £12,541.20 1,833
e)	Date of the transaction	10 May 2018
f)	Place of the transaction	London Stock Exchange

Name of authorised official of issuer responsible for making notification:

Ken Mullen, General Counsel & Company Secretary

Date of Notification:

8 June 2018

 

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