TIDMFCH

RNS Number : 0540D

Funding Circle Holdings PLC

24 June 2021

24 June 2021

Funding Circle Holdings plc (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibility

Exercise of Options

The Company has been notified that Oliver White, Chief Financial Officer of the Company, has exercised the following share options over ordinary shares of 0.1p in the Company:

 
      Option Scheme         Number of options exercised   Exercise price per 
                                                                 share 
 2018 Long Term Incentive             240,602                    Nil 
           Plan 
                           ----------------------------  ------------------- 
 

The exercise of the above options was satisfied by the transfer of 240,602 ordinary shares from the Company's Employee Benefit Trust.

Following the exercise of options, Oliver White sold 113,410 ordinary shares at a price of 150.9177 pence per share to settle the tax liabilities arising on exercise.

The notification below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further detail:

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                              Oliver White 
     --------------------------------  ----------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status:                                   Chief Financial Officer 
     --------------------------------  ----------------------------------------- 
 b)   Initial notification/Amendment:                       Initial notification 
     --------------------------------  ----------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name:                             Funding Circle Holdings plc 
     --------------------------------  ----------------------------------------- 
 b)   LEI:                              2138003EK6UAINBBUS19 
     --------------------------------  ----------------------------------------- 
 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      Ordinary shares of 0.1 pence each 
       instrument, type of 
       instrument: 
     --------------------------------  ----------------------------------------- 
 b)   Identification code:              GB00BG0TPX62 
     --------------------------------  ----------------------------------------- 
 c)   Nature of the transaction:        Exercise of options over ordinary 
                                         shares 
     --------------------------------  ----------------------------------------- 
 d)   Price(s) and volume(s):             Price(s)    Volume(s) 
                                              Nil       240,602 
                                                      ---------- 
     --------------------------------  ----------------------------------------- 
 e)   Aggregated information:            Aggregated      Aggregated 
                                            volume      price (weighted 
       Aggregated volume:                                  average) 
                                           240,602           Nil 
       Price:                                         ----------------- 
     --------------------------------  ----------------------------------------- 
 f)   Date of the transaction:          23 June 2021 
     --------------------------------  ----------------------------------------- 
 g)   Place of the transaction          The London Stock Exchange (XLON) 
     --------------------------------  ----------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                              Oliver White 
     --------------------------------  ----------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status:                                   Chief Financial Officer 
     --------------------------------  ----------------------------------------- 
 b)   Initial notification/Amendment:                       Initial notification 
     --------------------------------  ----------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name:                             Funding Circle Holdings plc 
     --------------------------------  ----------------------------------------- 
 b)   LEI:                              2138003EK6UAINBBUS19 
     --------------------------------  ----------------------------------------- 
 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      Ordinary shares of 0.1 pence each 
       instrument, type of 
       instrument: 
     --------------------------------  ----------------------------------------- 
 b)   Identification code:              GB00BG0TPX62 
     --------------------------------  ----------------------------------------- 
 c)   Nature of the transaction:        Sale of ordinary shares 
     --------------------------------  ----------------------------------------- 
 d)   Price(s) and volume(s):                Price(s)       Volume(s) 
                                           150.9177 pence     113,410 
                                                            ---------- 
     --------------------------------  ----------------------------------------- 
 e)   Aggregated information:            Aggregated      Aggregated 
                                            volume      price (weighted 
       Aggregated volume:                                  average) 
                                           113,410      150.9177 pence 
       Price:                                         ----------------- 
     --------------------------------  ----------------------------------------- 
 f)   Date of the transaction:          23 June 2021 
     --------------------------------  ----------------------------------------- 
 g)   Place of the transaction          The London Stock Exchange (XLON) 
     --------------------------------  ----------------------------------------- 
 

Media Enquiries:

Investor relations and media relations:

Investor Relations

David de Koning - Director of Investor Relations and Communications (0203 927 3893)

Media relations

Natasha Jones - Head of UK Communications (020 3667 2245)

Headland Consultancy - Mike Smith / Stephen Malthouse (020 3805 4822)

About Funding Circle:

Funding Circle (LSE: FCH) is a small and medium enterprise ("SME") loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including banks, asset management companies, insurance companies, government-backed entities, retail investors and funds - have lent more than GBP12 billion to 100,000 businesses globally.

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June 24, 2021 10:45 ET (14:45 GMT)

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