Provident Financial PLC Director/PDMR Shareholding (8873M)
October 19 2016 - 3:00AM
UK Regulatory
TIDMPFG
RNS Number : 8873M
Provident Financial PLC
18 October 2016
Provident Financial plc ("the Company")
PDMR transaction - Initial Notification
The Company confirms that on 17 October 2016, the following
Person Discharging Managerial Responsibility ("PDMR") was granted a
conditional award by the Company over ordinary shares of 20 8/11
pence each in the Company as set out below:
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------------------------------------
a) Name Chris Sweeney
--- ------------------------------- --------------------------------------------------------
2 Reason for Notification
--- -----------------------------------------------------------------------------------------
a) Position/status PDMR
--- ------------------------------- --------------------------------------------------------
b) Initial notification/Amendment Initial Notification
--- ------------------------------- --------------------------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- -----------------------------------------------------------------------------------------
a) Name Provident Financial plc
--- ------------------------------- --------------------------------------------------------
b) LEI 213800U93SZC44VXN635
--- ------------------------------- --------------------------------------------------------
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 Ordinary Shares of 20 8/11 pence
of the financial each in Provident Financial plc
instrument, GB00B1Z4ST84
type of instrument
Identification
code
--- ------------------------------- --------------------------------------------------------
b) Nature of the i) grant of conditional award
transaction by the Company over 20,434 shares.
Vests on grant;
ii) grant of conditional award
by the Company over 16,330 shares.
Subject to continued service,
normally vests on 6 September
2017;
iii) grant of conditional award
by the Company over 10,524 shares.
Subject to continued service,
normally vests on 5 September
2018; and
iv) sale of 9,560 shares to satisfy
tax, national insurance contributions
and dealing costs in connection
with conditional award that vests
on grant.
--- ------------------------------- --------------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------- ----------
Nil 20,434
Nil 16,330
Nil 10,524
GBP30.13 9,560
----------- ----------
--- ------------------------------- --------------------------------------------------------
d) Aggregated Grant Sale
information 47,288 9,560
* Aggregated volume
Nil GBP30.13
* Price
--- ------------------------------- --------------------------------------------------------
e) Date of the 17 October 2016
transaction
--- ------------------------------- --------------------------------------------------------
f) Place of the Outside a trading venue (grant
transaction of awards) and London Stock Exchange
(sale of shares)
--- ------------------------------- --------------------------------------------------------
Name of authorised official of issuer responsible for making
notification:
Emma G Versluys, Deputy Company Secretary
Date of Notification:
18 October 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
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