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Paypoint plc (PAY)

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Tuesday 03 June, 2014

Paypoint plc

PayPoint plc : Director/PDMR Shareholding

PayPoint plc : Director/PDMR Shareholding

3 June 2014

PayPoint plc (the "Company")

NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDING
THE COMPANY'S DEFERRED SHARE BONUS PLAN ("DSB")

Following the completion of the three year holding period, and the achievement of the required earnings per share growth, 100% of share awards granted under the DSB on 2 June 2011 have been released. Accordingly, on 2 June 2014 the Executive Directors and PDMR listed below became the legal and beneficial owners of the following Ordinary shares of the Company.

The bonus shares were acquired on 2 June 2011 at a price per share of 513.07 pence. The matching shares were allocated on 2 June 2011 at a price per share of 513.07 pence. The market value of the ordinary shares in the Company on the dealing day immediately prior to the date of release was 1055 pence per share. 

Executive DirectorsNumber of Bonus shares released
George Earle 8,163
Dominic Taylor 10,785
Tim Watkin-Rees 6,973
PDMRNumber of Bonus Shares Released
Graham Bird 1,703

Executive DirectorsNumber of Matching Shares AwardedNumber of Matching Shares ReleasedAwards deducted in lieu of tax and NI*Balance of Matching Shares released
George Earle 17,007 17,007 7,994 9,013
Dominic Taylor 22,469 22,469 10,561 11,908
Tim Watkin-Rees 14,528 14,528 6,829 7,699
PDMRNumber of Matching Shares AwardedNumber of Matching Shares ReleasedAwards deducted in lieu of tax and NI*Balance of Matching Shares released**
Graham Bird 3,548 3,548 1,668 1,880

* Tax and National Insurance liability will be satisfied by the Company in cash

** In lieu of the release of shares, the Company made cash awards to the PDMR in the sum equivalent to 1055 pence per share.  




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: PayPoint plc via Globenewswire

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