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Director/PDMR Shareholding

8 Jul 2019 07:25

RNS Number : 7573E
Finablr PLC
08 July 2019
 

Monday, 8th July 2019

Finablr plc

("Finablr" or the "Company")

Director/PDMR Shareholding

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them

Finablr, the UAE based payments and foreign exchange company, announces that certain directors have been granted awards over ordinary shares in the Company ("Ordinary Shares") under its 2019 Long Term Incentive Plan (the "LTIP"). These LTIP Awards are granted in connection with the Company's initial public offering, as disclosed in the Company's prospectus.

In relation to each PDMR, details of the number of shares under the awards and of each PDMR are detailed below.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Promoth Manghat

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer

a)

Name

Finablr plc

b)

LEI

2138005C7F6N115PM802

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 each

 

GB00BJ7HMW26

 

c)

Nature of the transaction

Award over shares following the Finablr IPO under its 2019 Long Term Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

768000 (award)

 

d)

Aggregated information

- Aggregated volume - Price

N/A

e)

Date of the transaction

2019-07-03

BST

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Binay Shetty

2

Reason for the notification

a)

Position/status

Executive Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer

a)

Name

Finablr plc

b)

LEI

2138005C7F6N115PM802

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 each

 

GB00BJ7HMW26

c)

Nature of the transaction

Award over shares following the Finablr IPO under its 2019 Long Term Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

528000 (award)

 

d)

Aggregated information

- Aggregated volume - Price

N/A

e)

Date of the transaction

2019-07-03

BST

f)

Place of the transaction

Outside a trading venue

 

 

Enquiries

 

The Company

Finablr PLC

Robert Moorhouse, Group Company Secretary +44 7825 213767

Faiz Akbar Habib, Head of Communications and Research +971 2 3073 114

 

PR/IR adviser to Finablr

Brunswick Group (Brian Buckley, Gill Ackers, Alex Blake-Milton) 0207 404 5959

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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