Source - RNS
RNS Number : 3375K
Provident Financial PLC
09 April 2018
 

Provident Financial plc ("the Company")

Director/PDMR Transaction - Initial Notification

 

On 6 April 2018, the Company was notified, pursuant to the 17 for 24 Rights Issue of 104,998,904 New Ordinary Shares at 315 pence per New Ordinary Share ("Rights Issue"), of the following sales of the nil paid rights to New Ordinary Shares ("Nil Paid Rights") held by Greg Cant, Shamus Hodgson, Ken Mullen and Chris Sweeney, who are all persons discharging managerial responsibility ("PDMRs") in the Company.                                            

 

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

 

Greg Cant

 

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

 

 

 

Nil Paid Rights of Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Following the completion of the Rights Issue, the following sales took place:

·     Sale of 1,209 own Nil Paid Rights; and

·     Sale of 7,261 Nil Paid Rights by SG Kleinwort  Hambros Bank (CI) Limited on behalf of the PDMR arising from share awards held under the Provident Financial Long Term Incentive Scheme 2015.

c)

 

Price(s) and volume(s)

 

 

 

Price per Ordinary Share

 

Volume - number of Ordinary Shares

£3.45

1,209

£3.45

7,261

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated Price

 

 

 

8,470

 

£29,221.50

 

e)

 

Date of the transaction

4 April 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

 

Shamus Hodgson

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

 

 

 

Nil Paid Rights of Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

b)

 

Nature of the transaction

 

 

Following the completion of the Rights Issue, the following sales took place:

·     Sale of 1,960 own Nil Paid Rights; and

·     Sale of 7,091 Nil Paid Rights by SG Kleinwort  Hambros Bank (CI) Limited on behalf of the PDMR arising from share awards held under the Provident Financial Long Term Incentive Scheme 2015.

c)

 

Price(s) and volume(s)

 

 

 

Price per Ordinary Share

 

Volume - number of Ordinary Shares

£3.45

1,960

£3.45

7,091

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated Price

 

 

 

9,051

 

£31,225.95

e)

 

Date of the transaction

4 April 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

 

Ken Mullen

 

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

 

 

 

Nil Paid Rights of Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Following the completion of the Rights Issue, the following sales took place:

·     Sale of 9,824 own Nil Paid Rights; and

·     Sale of 10,710 Nil Paid Rights by SG Kleinwort  Hambros Bank (CI) Limited on behalf of the PDMR arising from share awards held under the Provident Financial Long Term Incentive Scheme 2015.

c)

 

Price(s) and volume(s)

 

 

 

Price per Ordinary Share

 

Volume - number of Ordinary Shares

£3.45

9,824

£3.45

10,710

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated Price

 

 

 

20,534

 

£70,842.30

 

e)

 

Date of the transaction

4 April 2018

b)

 

Nature 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

 

Chris Sweeney

 

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

 

 

 

Nil Paid Rights of Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Following the completion of the Rights Issue, the following sales took place:

·     Sale of 22,294 own Nil Paid Rights; and

·     Sale of 36,096 Nil Paid Rights by SG Kleinwort  Hambros Bank (CI) Limited on behalf of the PDMR arising from share awards held under the Provident Financial Long Term Incentive Scheme 2015.

c)

 

Price(s) and volume(s)

 

 

 

Price per Ordinary Share

 

Volume - number of Ordinary Shares

£3.45

22,294

£3.45

36,096

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated Price

 

 

 

58,390

 

£201,445.50

e)

 

Date of the transaction

4 April 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:

9 April 2018


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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