Source - LSE Regulatory
RNS Number : 9452H
Non-Standard Finance PLC
27 March 2020


Non-Standard Finance plc

(the 'Company' or the 'Group')


Purchase of shares in respect of Non-Executive Director fees

Director/PDMR Shareholding

27 March 2020


In accordance with the Group's Remuneration Policy approved by shareholders on 14 May 2018, the Group announces the purchase by Mr. Charles Gregson, Non-Executive Chairman of the Company, of 59,490 ordinary shares of £0.05 each ('Ordinary Shares') at a price of 14.3p per Ordinary Share and a total cost (excluding dealing costs) of £8,592.36.


The Company gave funds to Mr. Gregson to be applied for the immediate purchase of Ordinary Shares by Mr. Gregson to satisfy 50% of the post-tax fees due to be paid to Mr. Gregson by the Company for the period from 1 January 2020 to 31 March 2020. The remaining 50% of fees in relation to that period has been paid in cash. It is expected that future share purchases will be made quarterly, in the same manner, to satisfy 50% of the post-tax fees due to Mr. Gregson for the previous three month-period.


In addition, the following amendments have been made to the Director/PDMR Shareholding announcements released on 3 October 2019 at 16:17 under RNS No 7284O and 3 January 2020 at 11:53 under RNS No 7199Y respectively. In the 3 October 2019 announcement, the number of shares purchased was incorrectly stated as 22,300 Ordinary Shares, instead of the correct total of 22,360 Ordinary Shares. As a result, the total number of shares in which Mr. Gregson had a beneficial interest was incorrectly stated as 372,617. The correct total as at 3 October 2019 was 372,677. Accordingly, in the 3 January 2020 announcement, the total number of shares in which Mr. Gregson has a beneficial interest was incorrectly stated as 410,202 Ordinary Shares. The correct total as at 3 January 2020 was 410,262 Ordinary Shares. All other details remain unchanged.


As a result of the above transaction, Mr. Gregson therefore has a beneficial interest in 469,752 Ordinary Shares, representing 0.2 per cent of the issued share capital of the Company.


For more information:


Non-Standard Finance plc

Peter Reynolds, Director, IR and Communications

+44 (0) 20 3869 9026


The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:




Details of the person discharging managerial responsibilities / person closely associated







Charles Gregson



Reason for the notification







Non-Executive Chairman



Initial notification /Amendment



Initial notification



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







Non-Standard Finance plc









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





Description of the financial instrument, type of instrument


Identification code



Ordinary shares of 5p each in the capital of Non-Standard Finance plc





Nature of the transaction



Purchase of Ordinary Shares by Charles Gregson in respect of 50% of his post-tax director's fees




Price(s) and volume(s)







14.3 pence


59,490 Ordinary Shares






Aggregated information



- Aggregated volume



- Price






59,490 Ordinary Shares



14.3 pence



Date of the transaction



25 March 2020



Place of the transaction



London Stock Exchange (XLON)




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