PAY Paypoint Plc

 
TIDMPAY 
 
 
   4 February 2021 
 
   PayPoint plc (the 'Company') 
 
   NOTIFICATION OF PDMR SHAREHOLDING 
 
   THE COMPANY'S RESTRICTED SHARE PLAN 
 
 
 
   2021 Restricted Share Plan ("RSP") Award 
 
   The Company announces that on 3 February 2021, in accordance with the 
rules of the Company's Restricted Share Plan (the 'RSP'), the 
Remuneration Committee granted an award over 4,640 ordinary shares of 
1/3 penny each in the share capital of the Company ('Shares') to Mark 
Latham, a Person Discharging Managerial Responsibility, under the RSP 
plan. 
 
 
 
   The award was granted at a price of GBP6.465 per share (being the 
mid-market price on the preceding dealing day). 
 
 
 
   The release of the RSP award at the date of vesting is dependent upon 
the participant having: 
 
 
   1. continued employment; 
 
   2. achieved satisfactory personal appraisals during the relevant vesting 
      period; and 
 
   3. PayPoint making a pre-tax profit in the financial year immediately prior 
      to vesting. 
 
 
   In addition, the release of the RSP award is subject to a positive 
assessment of the Company's performance and delivery against its 
strategy and plans to justify the level of vesting. 
 
 
 
   The RSP award may vest (subject to the conditions outlined above) in 
full after 3 years from the date of grant. 
 
 
 
 
 
   Enquiries: 
 
   PayPoint plc 
 
   Sarah Carne, Company Secretary 
 
   +44(0)1707 600300 
 
   LEI: 5493004YKWI8U0GDD138 
 
   -end- 
 
 
 
 
 
 
 
 

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