Provident Financial PLC Director/PDMR Shareholding (8138Q)
September 14 2017 - 10:51AM
UK Regulatory
TIDMPFG
RNS Number : 8138Q
Provident Financial PLC
14 September 2017
Provident Financial plc ("the Company")
PDMR transaction - Initial Notification
The Company announces that the conditional award granted to the
following person discharging managerial responsibility ("PDMR")
over the Company's ordinary shares of 20 8/11p on 17 October 2016,
vested in full on 6 September 2017. The Company was notified on 14
September 2016 of the following transactions in relation to the
award as set out below:
Director/ Beneficial % of Ordinary Resultant Resultant
PDMR holding issued Shares acquired/sold Beneficial % of
of Ordinary share by or on holding issued
Shares prior capital behalf of of Ordinary share
to the Dealing prior Director Shares after capital
to the / PDMR the Dealing after
Dealing the Dealing
---------- -------------------- --------- ---------------------- -------------------- -------------
Chris 22,499 unrestricted 0.015% 16,330 unrestricted 31,544 unrestricted 0.021%
Sweeney shares and shares acquired shares and
90,928 restricted 0.061% and 7,285 90,928 restricted 0.061%
shares shares sold. shares.
---------- -------------------- --------- ---------------------- -------------------- -------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
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 16,330 shares
vested on 6 September 2017; and
ii) sale of 7,285 shares on 13
September 2017 to satisfy tax,
national insurance contributions
and dealing costs in connection
with the conditional award that
vested on 6 September 2017.
--- ------------------------------- ----------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
Nil 16,330
GBP8.34 7,285
---------- ----------
--- ------------------------------- ----------------------------------------
d) Aggregated Vesting Sale
information 16,330 7,285
* Aggregated volume Nil GBP60,756.90
* Price
--- ------------------------------- ----------------------------------------
e) Date of the 13 September 2017
transaction
--- ------------------------------- ----------------------------------------
f) Place of the London Stock Exchange
transaction
--- ------------------------------- ----------------------------------------
Name of authorised official of issuer responsible for making
notification:
Paula Watts, Deputy Company Secretary
Date of Notification:
14 September 2017
This information is provided by RNS
The company news service from the London Stock Exchange
END
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