Morses Club PLC Director/PDMR Shareholding (0578M)
26 July 2017 - 1:00AM
UK Regulatory
TIDMMCL
RNS Number : 0578M
Morses Club PLC
25 July 2017
25 July 2017
Morses Club PLC
Director/PDMR Shareholding
Morses Club PLC ("Morses Club" or "the Company"), the UK's
second largest home collected credit ("HCC") lender, announces that
on 24 July 2017, Paul Smith, Chief Executive Officer of Morses
Club, sold 327,580 ordinary shares of 1 pence each in the Company
("Shares") at a price of 130p per Share.
Mr Smith was required to undertake this transaction pursuant to
a divorce settlement.
Following this transaction, Mr Paul Smith holds 327,420 Shares,
which represents 0.025% of the Company's issued share capital.
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1 Details of the person discharging managerial
responsibilities/person closely associated
--- ---------------------------------------------------------
a) Name Paul Smith
--- ---------------------------- ---------------------------
2 Reason for the notification
--- ---------------------------------------------------------
a) Position/status Chief Executive Officer
--- ---------------------------- ---------------------------
b) Initial notification Initial Notification
/Amendment
--- ---------------------------- ---------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name Morses Club PLC
--- ---------------------------- ---------------------------
b) Legal Entity Identifier 2138009PVBE5FDT58R09
--- ---------------------------- ---------------------------
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 Ordinary shares of 1
financial instrument, pence each
type of instrument:
Identification code: GB00BZ6C4F71
--- ---------------------------- ---------------------------
b) Nature of the transaction Sale of shares
--- ---------------------------- ---------------------------
c) Currency GBP
--- ---------------------------- ---------------------------
d) Price(s) and volume(s) 130.00 pence 327,580
shares
--- ---------------------------- ---------------- ---------
e) Aggregated information
- Aggregated volume 327,580
- Price 130.00 pence per share
- Aggregated total GBP425,854
--- ---------------------------- ---------------------------
f) Date of the transaction 24 July 2017
--- ---------------------------- ---------------------------
g) Place of the transaction London Stock Exchange,
AIM
--- ---------------------------- ---------------------------
Enquiries:
Morses Club PLC Tel: +44 (0)
Paul Smith, Chief Executive Officer 330 045 0719
Andy Thomson, Chief Financial
Officer
Numis Securities Limited (Nomad Tel: +44 (0)
and Joint Broker) 20 7260 1000
Andrew Holloway
Charlie Farquhar
Paul Gillam
Panmure Gordon (UK) Limited (Joint Tel: +44 (0)
Broker) 20 7886 2500
Richard Gray
Charles Leigh Pemberton
Camarco Tel: +44 (0)
Ed Gascoigne-Pees 20 3757 4984
Jennifer Renwick
This information is provided by RNS
The company news service from the London Stock Exchange
END
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