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Funding Circle Hldgs (FCH)

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Wednesday 17 March, 2021

Funding Circle Hldgs

Director/PDMR Shareholding

RNS Number : 5897S
Funding Circle Holdings PLC
17 March 2021
 

17 March 2021

LEI: 2138003EK6UAINBBUS19

 

Funding Circle Holdings plc (the "Company")

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") - Share Incentive Plan

 

The Company announces that on 16 March 2021, PDMRs of the Company acquired a further interest in the Company's shares as a result of their participation in the Funding Circle Holdings plc Share Incentive Plan (the "SIP").

 

The SIP is an HMRC approved all employee share plan, under which employees are able to purchase 'Partnership Shares' using deductions from salary each month and receive one free 'Matching Share' for each Partnership Share purchased.   

 

Details of the Partnership Shares acquired on behalf of, and the Matching Shares awarded to, PDMRs under the SIP are set out below:

 

Name of PDMR

Number of Partnership Shares

Number of Matching Shares

Samir Desai

106

106

Oliver White 

106

106

 

Further details are set out below in accordance with Article 19 of the Market Abuse Regulation.

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

(i)  Samir Desai

(ii)  Oliver White

2.

Reason for the notification

a)

Position/status:

(i)  Chief Executive Officer

(ii)  Chief Financial Officer

b)

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

Funding Circle Holdings plc

b)

LEI:

2138003EK6UAINBBUS19

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:

Ordinary shares of 0.1 pence each

 

b)

Identification code:

GB00BG0TPX62

c)

Nature of the transaction:

Acquisition of Partnership Shares under the Funding Circle Holdings plc Share Incentive Plan

d)

Price(s) and volume(s):

 

Price(s)

Volume(s)

(i)  141.8 pence

106

(ii)  141.8 pence

106

e)

Aggregated information:

 

Aggregated volume:

 

Price:

 

Aggregated

volume

Aggregated price (weighted average)

(i)  106

141.8 pence

(ii)  106

141.8 pence

f)

Date of the transaction:

16 March 2021

g)

Place of the transaction

The London Stock Exchange (XLON)

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

(i)  Samir Desai

(ii)  Oliver White

2.

Reason for the notification

a)

Position/status:

(i)  Chief Executive Officer

(ii)  Chief Financial Officer

b)

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

Funding Circle Holdings plc

b)

LEI:

2138003EK6UAINBBUS19

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:

Ordinary shares of 0.1 pence each

 

b)

Identification code:

GB00BG0TPX62

c)

Nature of the transaction:

Award of matching shares under the Funding Circle Holdings plc Share Incentive Plan

d)

Price(s) and volume(s):

 

Price

Volume(s)

(i)  Nil

106

(ii)  Nil

106

e)

Aggregated information:

 

 

 

Aggregated

volume

Aggregated price (weighted average)

(i)  106

Nil

(ii)  106

Nil

f)

Date of the transaction:

16 March 2021

g)

Place of the transaction

The London Stock Exchange (XLON)

 

Media Enquiries:

 

Funding Circle

 

[email protected] (020 3667 2245)

 

Headland

 

Mike Smith ( 020 3805 4822 )

Stephen Malthouse ( 020 3805 4822 )

 

About Funding Circle:

 

Funding Circle (LSE: FCH) is a small and medium enterprise ("SME") loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including banks, asset management companies, insurance companies, government-backed entities, retail investors and funds - have lent more than £11.5 billion to 100,000 businesses globally.

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