TIDMFCH

RNS Number : 4632P

Funding Circle Holdings PLC

17 February 2021

17 February 2021

LEI: 2138003EK6UAINBBUS19

Funding Circle Holdings plc (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") - 2020 Share Incentive Plan

The Company announces that on 16 February 2021, PDMRs of the Company acquired a further interest in the Company's shares as a result of their participation in the Funding Circle Holdings plc Share Incentive Plan (the "SIP").

The SIP is an HMRC approved all employee share plan, under which employees are able to purchase 'Partnership Shares' using deductions from salary each month and receive one free 'Matching Share' for each Partnership Share purchased.

Details of the Partnership Shares acquired on behalf of, and the Matching Shares awarded to, PDMRs under the SIP are set out below:

 
 Name of PDMR    Number of Partnership   Number of Matching 
                  Shares                  Shares 
 Samir Desai     145                     145 
                ----------------------  ------------------- 
 Oliver White    145                     145 
                ----------------------  ------------------- 
 

Further details are set out below in accordance with Article 19 of the Market Abuse Regulation.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                   (i) Samir Desai 
                                               (ii) Oliver White 
     ---------------------------------  ------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                        (i) Chief Executive Officer 
                                               (ii) Chief Financial Officer 
     ---------------------------------  ------------------------------------ 
 b)   Initial notification/Amendment:    Initial notification 
     ---------------------------------  ------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name:                              Funding Circle Holdings plc 
     ---------------------------------  ------------------------------------ 
 b)   LEI:                               2138003EK6UAINBBUS19 
     ---------------------------------  ------------------------------------ 
 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       Ordinary shares of 0.1 pence each 
       instrument, type of 
       instrument: 
     ---------------------------------  ------------------------------------ 
 b)   Identification code:               GB00BG0TPX62 
     ---------------------------------  ------------------------------------ 
 c)   Nature of the transaction:         Acquisition of Partnership Shares 
                                          under the Funding Circle Holdings 
                                          plc Share Incentive Plan 
     ---------------------------------  ------------------------------------ 
 d)   Price(s) and volume(s):                    Price(s)         Volume(s) 
                                                 (i) 103 pence     145 
                                                                  ---------- 
                                                 (ii) 103 pence    145 
                                                                  ---------- 
     ---------------------------------  ------------------------------------ 
 e)   Aggregated information:               Aggregated        Aggregated 
                                                volume       price (weighted 
       Aggregated volume:                                       average) 
                                                 (i) 145    103 pence 
       Price:                                              ----------------- 
                                                 (ii) 145   103 pence 
                                                           ----------------- 
     ---------------------------------  ------------------------------------ 
 f)   Date of the transaction:           16 February 2021 
     ---------------------------------  ------------------------------------ 
 g)   Place of the transaction           The London Stock Exchange (XLON) 
     ---------------------------------  ------------------------------------ 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                   (i) Samir Desai 
                                               (ii) Oliver White 
     ---------------------------------  ------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                        (i) Chief Executive Officer 
                                               (ii) Chief Financial Officer 
     ---------------------------------  ------------------------------------ 
 b)   Initial notification/Amendment:    Initial notification 
     ---------------------------------  ------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name:                              Funding Circle Holdings plc 
     ---------------------------------  ------------------------------------ 
 b)   LEI:                               2138003EK6UAINBBUS19 
     ---------------------------------  ------------------------------------ 
 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       Ordinary shares of 0.1 pence 
       instrument, type of instrument:    each 
     ---------------------------------  ------------------------------------ 
 b)   Identification code:               GB00BG0TPX62 
     ---------------------------------  ------------------------------------ 
 c)   Nature of the transaction:         Award of matching shares under 
                                          the Funding Circle Holdings 
                                          plc Share Incentive Plan 
     ---------------------------------  ------------------------------------ 
 d)   Price(s) and volume(s):                  Price        Volume(s) 
                                                 (i) Nil        145 
                                                            ---------- 
                                                 (ii) Nil       145 
                                                            ---------- 
     ---------------------------------  ------------------------------------ 
 e)   Aggregated information:               Aggregated        Aggregated 
                                                volume       price (weighted 
                                                                average) 
                                                 (i) 145          Nil 
                                                           ----------------- 
                                                 (ii) 145         Nil 
                                                           ----------------- 
     ---------------------------------  ------------------------------------ 
 f)   Date of the transaction:           16 February 2021 
     ---------------------------------  ------------------------------------ 
 g)   Place of the transaction           The London Stock Exchange 
                                          (XLON) 
     ---------------------------------  ------------------------------------ 
 

Media Enquiries:

Funding Circle

press@fundingcircle.com (020 3667 2245)

Headland

Mike Smith ( 020 3805 4822 )

Stephen Malthouse ( 020 3805 4822 )

About Funding Circle:

Funding Circle (LSE: FCH) is a small and medium enterprise ("SME") loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including retail investors, banks, specialty finance companies asset management companies, insurance companies, government-backed entities and funds - have lent more than GBP11.5 billion to approximately 95,000 businesses globally.

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