Director/PDMR Shareholding

RNS Number : 5237L
Provident Financial PLC
19 April 2018
 

Provident Financial plc ("the Company")

Director/PDMR Transaction - Initial Notification

 

On 18 April 2018, the Company was notified that on 17 April 2018 SG Kleinwort Hambros Trust Company (CI) Limited, as trustees of the Provident Financial plc 2007 Employee Benefit Trust, transferred:

 

·     the beneficial interest in 1,413,891 ordinary shares of 20 8/11p in the capital of the Company for no consideration to Malcolm Le May, Andrew Charles Fisher, Greg Cant, Chris Gillespie, Shamus Hodgson, Richard King, David Merrett, Ken Mullen and Chris Sweeney, who are all directors/persons discharging managerial responsibility ("PDMRs") in the Company, in satisfaction of the awards granted on 16 April 2018 subject to and in accordance with the terms of the Provident Financial Long Term Incentive Scheme 2015 (the "LTIS Awards"); and

 

·     the beneficial interest in 96,266 ordinary shares of 20 8/11p in the capital of the Company for no consideration to Chris Sweeney, in satisfaction of an additional award granted on 16 April 2018 separately to the LTIS Awards and subject to and in accordance with a grant deed entered into between the Company and the PDMR ("Additional Conditional Award").

 

Director/ PDMR

Beneficial holding of Ordinary Shares prior to the Dealing

% of issued share capital prior to the Dealing

Ordinary Shares acquired by or on behalf of Director / PDMR

Resultant Beneficial holding of Ordinary Shares after the Dealing

Resultant % of issued share capital after the Dealing

Malcolm Le May

0 unrestricted shares and 0 restricted shares

0%

0%

204,498 restricted shares

0 unrestricted shares and 204,498 restricted shares

0%

0.08%

Andrew Charles Fisher

293,385

unrestricted shares and 128,789 restricted shares

0.115%

 

0.05%

40,169 restricted shares

293,385

unrestricted shares and 168,958 restricted shares

0.115%

 

0.066%

Greg Cant

1,848 unrestricted shares and 12,584 restricted shares

0.0007%

0.004%

25,197 restricted shares

1,848 unrestricted shares and 37,781 restricted shares

0.0007%

0.014%

Chris Gillespie

24,728 unrestricted shares and 0 restricted shares

0.009%

0%

 

98,597 restricted shares

24,728 unrestricted shares and 98,597 restricted shares

0.009%

0.038%

 

Shamus Hodgson

6,040 unrestricted shares and 13,509 restricted shares

0.002%

0.005%

43,821 restricted shares

6,040 unrestricted shares and 57,330 restricted shares

0.002%

0.022%

Richard King

0 unrestricted shares and 0 restricted shares

0%

0%

16,432 restricted shares

0 unrestricted shares and 16,432 restricted shares

0%

0.006%

David Merrett

16,279 unrestricted shares and 10,892 restricted shares

0.006%

 

0.004%

25,525 restricted shares

16,279 unrestricted shares and 36,417 restricted shares

0.006%

0.014%

Ken Mullen

14,309 unrestricted shares and 17,414 restricted shares

0.005%

 

0.006%

36,517 restricted shares

14,309 unrestricted shares and 53,931 restricted shares

0.005%

0.021%

Chris Sweeney

31,810 unrestricted shares and 83,266 restricted shares

0.012%

 

0.032%

256,943 restricted shares

31,810 unrestricted shares and 340,209 restricted shares

0.012%

0.134%

 

 

 

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

 

Malcolm Le May

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive Officer

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

 

 

 

Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

204,498

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Not applicable - single transaction

e)

 

Date of the transaction

17 April 2018

f)

 

Place of the transaction

Outside a trading venue

 

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

 

Andrew Fisher

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Finance Director

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

 

 

 

Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

40,169

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Not applicable - single transaction

e)

 

Date of the transaction

17 April 2018

f)

 

Place of the transaction

Outside a trading venue

 

 

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

 

 

 

Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

25,197

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Not applicable - single transaction

e)

 

Date of the transaction

17 April 2018

f)

 

Place of the transaction

Outside a trading venue

 

 

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 Gillespie

 

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

 

 

 

Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

98,597

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Not applicable - single transaction

e)

 

Date of the transaction

17 April 2018

f)

 

Place of the transaction

Outside a trading venue

 

 

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

 

Richard King

 

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

 

 

 

Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

16,432

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Not applicable - single transaction

e)

 

Date of the transaction

17 April 2018

f)

 

Place of the transaction

Outside a trading venue

 

 

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

 

 

 

Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

43,821

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Not applicable - single transaction

e)

 

Date of the transaction

17 April 2018

f)

 

Place of the transaction

Outside a trading venue

 

 

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

 

David Merrett

 

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

 

 

 

Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

25,525

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Not applicable - single transaction

e)

 

Date of the transaction

17 April 2018

f)

 

Place of the transaction

Outside a trading venue

 

 

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

 

 

 

Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Acquisition of shares under the Provident Financial Long Term Incentive Scheme 2015

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

36,517

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Not applicable - single transaction

e)

 

Date of the transaction

17 April 2018

f)

 

Place of the transaction

Outside a trading venue

 

 

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

 

 

 

Ordinary Shares of 20 8/11p

 

GB00B1Z4ST84

 

 

b)

 

Nature of the transaction

 

 

Acquisition of 160,677 shares under the Provident Financial Long Term Incentive Scheme 2015 and 96,266 shares under the Additional Conditional Award.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0

160,677

£0

96,266

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

256,943

 

£0

e)

 

Date of the transaction

17 April 2018

f)

 

Place of the transaction

Outside a trading venue

 

Name of authorised official of issuer responsible for making notification:

Ken Mullen, General Counsel and Company Secretary

Date of Notification:

19 April 2018


This information is provided by RNS
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