Finablr PLC Director/PDMR Shareholding (1450B)
June 05 2019 - 1:01AM
UK Regulatory
TIDMFIN
RNS Number : 1450B
Finablr PLC
05 June 2019
5(th) June 2019
Finablr plc
("Finablr" or the "Company")
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated with them
Finablr, the UAE based global platform which provides
Cross-Border Payments and Consumer Solutions, Consumer Foreign
Exchange Solutions and B2B and Payment Technology Solutions to
consumers and businesses, announces that certain employees have
been granted awards over ordinary shares in the Company ("Ordinary
Shares") under its 2019 Long Term Incentive Plan (the "LTIP").
These LTIP Awards are granted in connection with the Company's
initial public offering, as disclosed in the Company's
prospectus.
In relation to each PDMR, details of the number of shares under
the awards and of each PDMR are detailed below.
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Rahul Pai
-------------------------------- ------------------------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
-------------------------------- ------------------------------------------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------- ------------------------------------------------------------------------------
3 Details of the issuer
----------------------------------------------------------------------------------------------------------------
a) Name Finablr plc
-------------------------------- ------------------------------------------------------------------------------
b) LEI 2138005C7F6N115PM802
-------------------------------- ------------------------------------------------------------------------------
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 GBP1 each
instrument, type of instrument
Identification Code GB00BJ7HMW26
-------------------------------- ------------------------------------------------------------------------------
c) Nature of the transaction Award over shares following the Finablr IPO under its 2019 Long Term Incentive
Plan and immediate
vesting of part of that award.
-------------------------------- ------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 2410462 (award)
-----------------
Nil 1205231 (vesting)
-----------------
-------------------------------- ------------------------------------------------------------------------------
d) Aggregated information N/A
- Aggregated volume -
Price
-------------------------------- ------------------------------------------------------------------------------
e) Date of the transaction 3(rd) June 2019
-------------------------------- ------------------------------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ------------------------------------------------------------------------------
Enquiries
The Company
Finablr PLC
Robert Moorhouse, Group Company Secretary: +44 7825 213767
Faiz Akbar Habib, Head of Communications and Research:
+971 2 3073 114
Communications adviser to Finablr
Brunswick Group
Gill Ackers, Partner: +44 20 7404 5959
Alex Blake-Milton, Partner: +971 2 245 1400
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
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