PAY Paypoint Plc

 
TIDMPAY 
 
 
   PayPoint plc 
 
   Notification of transactions by Directors/PDMRs 
 
   In accordance with the Market Abuse Regulations, PayPoint plc (the 
"Company") announces that on 02 February 2017, awards over ordinary 
shares of 1/3p each in the capital of the Company were made to Rachel 
Kentleton, Executive Director as follows: 
 
 
 
 
Director/PDMR      Number of shares under award 
Rachel Kentleton                         10,741 
 
 
 
   The awards were granted pursuant to Listing Rule 9.4.2 in respect of a 
buy-out of a cash annual bonus and long-term incentive awards forfeited 
on leaving her previous employment.  The Remuneration Committee believes 
that the award reflects the value of the awards forfeited. 
 
   The awards are structured as nil cost options.  50% of the awards will 
vest on the second anniversary of grant (02 February 2019) and 50% will 
vest on the third anniversary of grant (02 February 2020), subject to 
continued employment over the respective vesting periods. 
 
   Enquiries: 
 
   PayPoint plc 
 
   Susan Court, Company Secretary 
 
   Tel: +44(0)1707600300 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: PayPoint plc via Globenewswire 
 
 
  http://www.paypoint.co.uk/default.htm 
 

(END) Dow Jones Newswires

February 02, 2017 12:20 ET (17:20 GMT)

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