Provident Financial PLC Director/PDMR Shareholding (3080H)
April 05 2022 - 7:30AM
UK Regulatory
TIDMPFG
RNS Number : 3080H
Provident Financial PLC
05 April 2022
Provident Financial plc ("the Company")
Director/PDMR Transaction - Initial Notification
The Company announces that on 1 April 2022, 50,540 ordinary
shares of 20 8/11p ("Shares") have vested to Neeraj Kapur, who is a
director of the Company, in respect of a Buy Out Award Agreement
granted in April 2020. 23,874 of those Shares were sold on 1 April
2022 to satisfy income tax and national insurance contributions due
on vesting.
The Company also announces that on 1 April 2022, 44,781 Shares
have vested to Malcolm Le May, who is a director of the Company, in
respect of a Basic Award under the Provident Financial Deferred
Bonus Plan granted on 1 April 2019. 21,154 of those Shares were
sold on 1 April 2022 to satisfy income tax and national insurance
contributions due on vesting.
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 Neeraj Kapur
-------------------------- -----------------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status Chief Finance Officer
-------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -----------------------------------------
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 of the
financial instrument, Ordinary Shares of 20 8/11p
type of instrument
GB00B1Z4ST84
Identification code
-------------------------- -----------------------------------------
b) Nature of the transaction (1) Vesting of a conditional award
by the Company over 50,540 shares
under a Buy Out Award Agreement.
(2) Subsequent sale of 23,874 Shares
to satisfy income tax and national
insurance contributions due on vesting.
-------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0 50,540
----------
GBP2.923 23,874
----------
-------------------------- -----------------------------------------
d) Aggregated information
Acquisition on Sale
vesting
- Aggregated volume 50,540 23,874
- Price -------------
Nil GBP69,783.70
-------------
-------------------------- -----------------------------------------
e) Date of the transaction 1 April 2022
-------------------------- -----------------------------------------
f) Place of the transaction (1) Outside a trading venue
(2) London Stock Exchange
-------------------------- -----------------------------------------
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 Malcom Le May
-------------------------- -----------------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status Chief Execuive Officer
-------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -----------------------------------------
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 of the
financial instrument, Ordinary Shares of 20 8/11p
type of instrument
GB00B1Z4ST84
Identification code
-------------------------- -----------------------------------------
b) Nature of the transaction (1) Vesting of a Basic Award under
the Provident Financial Deferred
Bonus Plan on 1 April 2022 by the
Company over 44,781 shares.
(2) Subsequent sale of 21,154 Shares
to satisfy income tax and national
insurance contributions due on vesting.
-------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0 44,781
----------
GBP2.923 21,154
----------
-------------------------- -----------------------------------------
d) Aggregated information
Acquisition on Sale
vesting
- Aggregated volume 44,781 21,154
- Price -------------
Nil GBP61,833.14
-------------
-------------------------- -----------------------------------------
e) Date of the transaction 1 April 2022
-------------------------- -----------------------------------------
f) Place of the transaction (1) Outside a trading venue
(2) London Stock Exchange
-------------------------- -----------------------------------------
Name of authorised official of issuer responsible for making
notification:
David Whincup, Deputy Company Secretary
Date of Notification :
5 April 2022
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