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Paypoint plc (PAY)

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Tuesday 13 August, 2013

Paypoint plc

CORRECTION: PayPoint plc : Director/PDMR Shareh...

CORRECTION: PayPoint plc : Director/PDMR Shareholding
This is a correction of the announcement from 14:26 11.07.2013 BST. Reason for the correction: incorrect number of shares listed in breakdown - note 13
 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility & Connected Persons

Please complete all relevant boxes in block capital letters.

1.    Name of the issuer

 

PAYPOINT PLC

2.    State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R, (ii) a disclosure made in accordance with LR9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

i

3.    Name of person discharging managerial responsibilities/director

 

DAVID NEWLANDS

4.    State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

NOTIFICATION IN RESPECT OF THE JENNIFER NEWLANDS TRUST, THE ANDREW NEWLANDS TRUST, THE KATHERINE NEWLANDS TRUST AND THE EDWARD NEWLANDS TRUST OF WHICH DAVID NEWLANDS IS A TRUSTEE

5.    Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

DAVID NEWLANDS HAS A NON-BENEFICIAL INTEREST

6.    Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

ORDINARY SHARES

7.    Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

BREWIN DOLPHIN LTD

8.    State the nature of the transaction

DISPOSAL

9.    Number of shares, debentures or financial instruments relating to shares acquired

N/A

10.  Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11.  Number of shares, debentures or financial instruments relating to shares disposed

THE JENNIFER NEWLANDS TRUST                       75,000
THE ANDREW NEWLANDS TRUST                                    75,000
THE KATHERINE NEWLANDS TRUST                    75,000
THE EDWARD NEWLANDS TRUST                                    75,000

12.  Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

0.442%

13.  Price per share or value of transaction

The trades were executed in several tranches:
08 July 2013    Sold 100,000 shares @ 1063.8
09 July 2013    Sold 62,000 shares @ 1058.8
10 July 2013    Sold 138,000 shares @ 1046.85

14.  Date and place of transaction

AS PER DATES ABOVE, LONDON

15.  Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

236,599 SHARES OR 0.35% HOLDING IN WHICH DAVID & SUSAN NEWLANDS BOTH HAVE A BENEFICIAL INTEREST.  (David Newlands also holds a non-beneficial interest in a further 300,000 shares held in various trusts of which he is a trustee).

16.  Date issuer informed of transaction

11 JULY 2013

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17.  Date of grant

18.  Period during which or date on which it can be exercisable

19.  Total amount paid (if any) for grant of the option

 

20.  Description of shares or debentures involved (class and number)

21.  Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22.  Total number of shares or debentures over which options held following notification

23.  Any additional information

24.  Name of contact and telephone number for queries

SUSAN COURT - 01707 600316

Name of authorised official of issuer responsible for making notification

SUSAN COURT

Date of notification

13 AUGUST 2013

END




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information contained therein.

Source: PayPoint plc via Thomson Reuters ONE

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