Paypoint plc

PayPoint plc: Director/PDMR Shareholding

PayPoint plc: Director/PDMR Shareholding

11 June 2019

PayPoint plc (the ‘Company’)

NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDING
THE COMPANY'S DEFERRED BONUS PLAN AND LONG-TERM INCENTIVE PLAN

2019 Deferred Bonus Plan Awards

The Company announces that on 10 June 2019 in accordance with the rules of the Company’s Deferred Bonus Plan (the 'DBP'), the Remuneration Committee has granted the following deferred bonus awards to an executive director and Persons Discharging Managerial Responsibility (‘PDMRs’) under the DBP.

In accordance with the rules, DBP awards are granted on 10 June 2019 at a price of £10.50 per share (being the mid-market price on the preceding dealing day) as follows:

Executive DirectorDBP Award
Rachel Kentleton5,478


PDMRDBP Award
Jon Marchant2,354
Katy Wilde1,483
Lewis Alcraft2,143
Mugur Dogariu1,840
Susan Court1,832

The release of DBP awards to participants is dependent upon continuous employment for a period of three years from the date of grant.

2019 Long-Term Incentive Plan Awards

The Company further announces that on 10 June 2019, the Remuneration Committee has granted the following conditional share awards to executive directors and PDMRs under the Company's Long-Term Incentive Plan (the 'LTIP').

In accordance with the rules, LTIP awards are granted on the 10 June 2019 at a price of £10.50 per share (being the mid-market price on the preceding dealing day) as follows:

Executive DirectorLTIP Award
Patrick Headon78,333
Rachel Kentleton38,710


PDMRLTIP Award
Jon Marchant11,256
Katy Wilde7,094
Lewis Alcraft14,285
Mugur Dogariu3,981
Susan Court8,974

The release of LTIP awards to participants is dependent upon the 'total shareholder return' performance of the Company relative to its comparator group, and the ‘earnings per share’ performance of the Company; both performance conditions measured over a three year period from the date of grant. In accordance with the Company’s remuneration policy, the awards to executive directors are subject to a further retention period, following a vesting of the LTIP awards, which will end on the fifth anniversary of the date of grant.

This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

1.Details of PDMR / person closely associated with them (‘PCA’)
a)Name

 
Rachel Kentleton
2.Reason for the notification
b)Position / status

 
Finance Director
c)Initial notification/amendment

 
Initial notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NamePayPoint plc

 
b)LEI code5493004YKWI8U0GDD138

 
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


Identification code
Ordinary shares of 1/3p each


 GB00B02QND93

 
b)Nature of the transaction

 
Grant of awards under the PayPoint plc Deferred Bonus Plan
Grant of awards under the PayPoint plc Long-Term Incentive Plan
c)Price(s) and volume(s)

 
Price(s)   Volumes
£10.50  5,478
£10.50  38,710
d)Aggregated information
  • Aggregated volume
  • Price
  • Total
     
  • Aggregated volume
  • Price
  • Total
 

5,478
£10.50
£57,519.00

38,710
£10.50
£406,455.00
e)Date of the transaction

 
2019-06-10
2019-06-10
f)Place of the transaction

 
Outside a trading venue
Outside a trading venue


1.Details of PDMR / person closely associated with them (‘PCA’)
a)Name

 
Jon Marchant
2.Reason for the notification
b)Position / status

 
Chief Information Officer
c)Initial notification/amendment

 
Initial notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NamePayPoint plc

 
b)LEI code5493004YKWI8U0GDD138

 
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


Identification code
Ordinary shares of 1/3p each

 GB00B02QND93

b)Nature of the transaction

 
Grant of awards under the PayPoint plc Deferred Bonus Plan
Grant of awards under the PayPoint plc Long-Term Incentive Plan
c)Price(s) and volume(s)

 
Price(s)   Volumes
£10.50  2,354
£10.50  11,256
d)Aggregated information
  • Aggregated volume
  • Price
  • Total
     
  • Aggregated volume
  • Price
  • Total
 

2,354
£10.50
£24,717.00

11,256
£10.50
£118,188.00
e)Date of the transaction

 
2019-06-10
2019-06-10
f)Place of the transaction

 
Outside a trading venue
Outside a trading venue


1.Details of PDMR / person closely associated with them (‘PCA’)
a)Name

 
Katy Wilde
2.Reason for the notification
b)Position / status

 
HR Director
c)Initial notification/amendment

 
Initial notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NamePayPoint plc

 
b)LEI code5493004YKWI8U0GDD138

 
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


Identification code
Ordinary shares of 1/3p each


GB00B02QND93

 
b)Nature of the transaction

 
Grant of awards under the PayPoint plc Deferred Bonus Plan
Grant of awards under the PayPoint plc Long-Term Incentive Plan
c)Price(s) and volume(s)

 
Price(s)   Volumes
£10.50  1,483
£10.50  7,094
d)Aggregated information
  • Aggregated volume
  • Price
  • Total
     
  • Aggregated volume
  • Price
  • Total
 

1,483
£10.50
£15,571.50

7,094
£10.50
£74,487.00
e)Date of the transaction

 
2019-06-10
2019-06-10
f)Place of the transaction

 
Outside a trading venue
Outside a trading venue


1.Details of PDMR / person closely associated with them (‘PCA’)
a)Name

 
Lewis Alcraft
2.Reason for the notification
b)Position / status

 
Chief Commercial Officer
c)Initial notification/amendment

 
Initial notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NamePayPoint plc

 
b)LEI code5493004YKWI8U0GDD138

 
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


Identification code
Ordinary shares of 1/3p each

 
GB00B02QND93

 
b)Nature of the transaction

 
Grant of awards under the PayPoint plc Deferred Bonus Plan
Grant of awards under the PayPoint plc Long-Term Incentive Plan
c)Price(s) and volume(s)

 
Price(s)   Volumes
£10.50  2,143
£10.50  14,285
d)Aggregated information
  • Aggregated volume
  • Price
  • Total
     
  • Aggregated volume
  • Price
  • Total
 
2,143
£10.50
£22,501.50


14,285
£10.50
£149,992.50
e)Date of the transaction

 
2019-06-10
2019-06-10
f)Place of the transaction

 
Outside a trading venue
Outside a trading venue


1.Details of PDMR / person closely associated with them (‘PCA’)
a)Name

 
Mugur Dogariu
2.Reason for the notification
b)Position / status

 
Managing Director, PayPoint Romania
c)Initial notification/amendment

 
Initial notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NamePayPoint plc

 
b)LEI code5493004YKWI8U0GDD138

 
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

 
Identification code
Ordinary shares of 1/3p each

 
GB00B02QND93

 
b)Nature of the transaction

 
Grant of awards under the PayPoint plc Deferred Bonus Plan
Grant of awards under the PayPoint plc Long-Term Incentive Plan
c)Price(s) and volume(s)

 
Price(s)   Volumes
£10.50  1,840
£10.50  3,981
d)Aggregated information
  • Aggregated volume
  • Price
  • Total
     
  • Aggregated volume
  • Price
  • Total
 

1,840
£10.50
£19,320.00

3,981
£10.50
£41,800.50
e)Date of the transaction

 
2019-06-10
2019-06-10
f)Place of the transaction

 
Outside a trading venue
Outside a trading venue


1.Details of PDMR / person closely associated with them (‘PCA’)
a)Name

 
Susan Court
2.Reason for the notification
b)Position / status

 
Head of Legal and Company Secretary
c)Initial notification/amendment

 
Initial notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NamePayPoint plc

 
b)LEI code5493004YKWI8U0GDD138

 
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

 
Identification code
Ordinary shares of 1/3p each

 
GB00B02QND93

 
b)Nature of the transaction

 
Grant of awards under the PayPoint plc Deferred Bonus Plan
Grant of awards under the PayPoint plc Long-Term Incentive Plan
c)Price(s) and volume(s)

 
Price(s)   Volumes
£10.50  1,832
£10.50  8,974
d)Aggregated information
  • Aggregated volume
  • Price
  • Total
     
  • Aggregated volume
  • Price
  • Total
 

1,832
£10.50
£19,236.00

8,974
£10.50
£94,227.00
e)Date of the transaction

 
2019-06-10
2019-06-10
f)Place of the transaction

 
Outside a trading venue
Outside a trading venue


1.Details of PDMR / person closely associated with them (‘PCA’)
a)Name

 
Patrick Headon
2.Reason for the notification
b)Position / status

 
Chief Executive
c)Initial notification/amendment

 
Initial notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NamePayPoint plc

 
b)LEI code5493004YKWI8U0GDD138

 
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

 
Identification code
Ordinary shares of 1/3p each

 
GB00B02QND93

 
b)Nature of the transaction

 
Grant of awards under the PayPoint plc Long-Term Incentive Plan
c)Price(s) and volume(s)

 
Price(s)   Volumes
£10.50  78,333

 
d)Aggregated information
  • Aggregated volume
  • Price
  • Total
 

78,333
£10.50
£822,496.50
e)Date of the transaction

 
2019-06-10

 
f)Place of the transaction

 
Outside a trading venue

 

Enquiries:
Susan Court
Company Secretary
PayPoint plc
Tel: +44 (0)1707 600316

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