Close
RNS Number : 2555I
Provident Financial PLC
22 November 2018
 

Provident Financial plc ("the Company")

Director/PDMR Transaction - Initial Notification

 

The Company announces that it has granted options over the Company's ordinary shares of 20 8/11p to each Malcolm Le May and Richard King as persons discharging managerial responsibility in the Company. The options were granted under the Provident Financial Savings Related Share Option Scheme 2013, on 4 October 2018 with a contract start date of 1 December 2018, with an exercise price of £5.38 per ordinary share.  The options granted to Malcolm Le May will mature 5 years from the grant date and the options granted to Richard King will mature 3 years from the grant date.

 

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

 

 

Options granted pursuant to the Provident Financial Savings Related Share Option Scheme 2013.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£5.38

 

5,576

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

n/a

e)

 

Date of the transaction

 

4 October 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

 

 

Options granted pursuant to the Provident Financial Savings Related Share Option Scheme 2013.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£5.38

 

2,676

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

n/a

e)

 

Date of the transaction

 

4 October 2018

f)

 

Place of the transaction

 

Outside a trading venue

 

 

Name of authorised official of issuer responsible for making notification:

David Whincup, Deputy Company Secretary   

Date of Notification:

22 November 2018


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHLLFFELDLFFIT