Paypoint plc Paypoint Plc : Director/Pdmr Shareholding
03 February 2017 - 4:20AM
UK Regulatory
TIDMPAY
PayPoint plc
Notification of transactions by Directors/PDMRs
In accordance with the Market Abuse Regulations, PayPoint plc (the
"Company") announces that on 02 February 2017, awards over ordinary
shares of 1/3p each in the capital of the Company were made to Rachel
Kentleton, Executive Director as follows:
Director/PDMR Number of shares under award
Rachel Kentleton 10,741
The awards were granted pursuant to Listing Rule 9.4.2 in respect of a
buy-out of a cash annual bonus and long-term incentive awards forfeited
on leaving her previous employment. The Remuneration Committee believes
that the award reflects the value of the awards forfeited.
The awards are structured as nil cost options. 50% of the awards will
vest on the second anniversary of grant (02 February 2019) and 50% will
vest on the third anniversary of grant (02 February 2020), subject to
continued employment over the respective vesting periods.
Enquiries:
PayPoint plc
Susan Court, Company Secretary
Tel: +44(0)1707600300
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: PayPoint plc via Globenewswire
http://www.paypoint.co.uk/default.htm
(END) Dow Jones Newswires
February 02, 2017 12:20 ET (17:20 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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