Non-Standard Finance PLC Director/PDMR Shareholding and total voting rights (3841H)
July 31 2019 - 5:27AM
UK Regulatory
TIDMNSF
RNS Number : 3841H
Non-Standard Finance PLC
31 July 2019
PRESS RELEASE
Non-Standard Finance plc
(the 'Company' or the 'Group')
Director/PDMR Shareholding (notification and correction) and
total voting rights
31 July 2019
The Group announces the issuance to Mr. Charles Gregson,
Non-Executive Chairman of the Company, of 70,234 ordinary shares of
GBP0.05 each ('Ordinary Shares') (the 'Shares').
In accordance with the Group's Remuneration Policy approved by
shareholders on 14 May 2018, the Shares are issued to 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 2018 to 31 March 2019
(given that the purchases of Ordinary Shares purportedly purchased
by the Company and transferred to Mr. Gregson for this period
previously were void).
As a result of the issuance set out above, Mr. Gregson has a
beneficial interest in 350,317 Ordinary Shares, representing 0.1%
of the issued share capital of the Company.
Further to the issuance and the announcement made by the Company
today regarding the reduction of the Company's capital by 5,070,234
Ordinary Shares, the Company's total issued share capital consists
of 312,049,682 Ordinary Shares (with no shares held in treasury).
The total number of voting rights in the Company remains unchanged
at 312,049,682 (thereby meaning that the interests in the Company
of the Company's shareholders also remain unchanged and no
notifications will be required pursuant to the issuance under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules).
This announcement corrects the following 'Director / PDMR
Shareholding' announcements of the Company dated: 28 June 2018 (RNS
No 9264S12); 1 October 2018 (RNS No 4966C09); 21 December 2018 (RNS
No 2932L11); and 29 March 2019 (RNS No 5199U12) (the 'RNSs'). The
RNSs relate to Ordinary Shares purportedly purchased by the Company
and transferred to Mr. Gregson. However, as the purchases by the
Company were void, such transfers were not possible. As a result,
the RNSs should be disregarded given that no such Ordinary Shares
were transferred to Mr. Gregson.
For more information:
Non-Standard Finance plc +44 (0) 20 3869
Peter Reynolds, Director, IR and Communications 9026
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail:
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Charles Gregson
------------------------------------- ----------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status Non-Executive Chairman
------------------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------
a) Name Non-Standard Finance plc
------------------------------------- ----------------------------------------------
b) LEI 213800DVBNIJ1J2OF119
------------------------------------- ----------------------------------------------
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 Ordinary shares of 5p each in the capital
the financial of Non-Standard Finance plc
instrument, type
of instrument
Identification
code
-------------------------------------
GB00BRJ6JV17
-----------------------------------------------------------------------------------------
b) Nature of the Issuance of Ordinary Shares by the Company
transaction to Charles Gregson
==== ===================================== ==============================================
c) Price(s) and Price(s) Volume(s)
volume(s)
==== ===================================== ------------------------- -------------------
38.95 pence 70,234
==================================================================== ===================
d) Aggregated information Aggregated volume:
- Aggregated 70,234 Ordinary Shares
volume 38.95 pence
- Price
------------------------------------- ----------------------------------------------
e) Date of the transaction 31 July 2019
==== ===================================== ==============================================
f) Place of the London Stock Exchange (XLON)
transaction
------------------------------------- ----------------------------------------------
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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