PayPoint plc : Director/PDMR Shareholding
05 August 2024 - 10:54PM
UK Regulatory
PayPoint plc : Director/PDMR Shareholding
5 August 2024
PayPoint plc (the "Company")
Notification of transaction by Person
Discharging Managerial Responsibility (“PDMR”)
Grant of Award
On 2 August 2024, Nick Wiles, an Executive Director of the
Company, was granted a one-off conditional LTIP award under the
PayPoint Executive Share Plan (“ESP”).
The number of shares subject to the award is 109,375 ordinary
shares of 1/3 pence each in the Company. The number of shares under
award was calculated based on a price of £6.975 per share, being
the closing mid-market price on the dealing day preceding the date
of grant.
The release of the award is dependent upon continuous employment
to the vesting date and satisfaction of targets based on underlying
EBITDA performance in respect of the financial year of the Company
ending 31 March 2027. Further details of the performance condition
are outlined in the Directors’ Remuneration Report of the PayPoint
plc Annual Report and Financial Statements 2024.
The award may vest (subject to the conditions outlined above)
after 3 years from the date of grant, on 2 August 2027, and the
participant is subject to a 2-year holding period post-vesting.
The Notification of Dealing Form can be found
below. This announcement is made in accordance with Article
19 of the UK Market Abuse Regulation.
Enquiries:
PayPoint
Plc
Julia Herd, on behalf of Indigo Corporate Secretary Limited,
Company Secretary
+44 (0)7542031173
Steve O'Neill, Chief Marketing and Corporate Affairs Officer
+44 (0)7919488066
LEI: 5493004YKWI8U0GDD138
http://corporate.paypoint.com/
1. |
Details of the person discharging managerial
responsibilities/person closely associated |
a) |
Name |
Nick Wiles
|
2. |
Reason for the 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 |
PayPoint Plc |
b) |
LEI |
5493004YKWI8U0GDD138 |
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, type of instrument
Identification code |
Ordinary shares of 1/3 pence
ISIN: GB00B02QND93
|
b) |
Nature of the transaction |
Grant of a conditional right to acquire Ordinary shares under the
PayPoint Executive Share Plan. |
c)
|
Price(s) and volume(s)
|
Price |
Volume(s) |
£Nil
|
109,375 |
d) |
Aggregated information
- Aggregated volume
- Aggregated Price
|
109,375
£Nil
|
e) |
Date of the transaction |
2 August 2024 |
f) |
Place of the transaction |
Outside of a trading venue |
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