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Director/PDMR Shareholding

5 Jun 2019 07:00

RNS Number : 1450B
Finablr PLC
05 June 2019
 

5th June 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 global platform which provides Cross-Border Payments and Consumer Solutions, Consumer Foreign Exchange Solutions and B2B and Payment Technology Solutions to consumers and businesses, announces that certain employees 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

Rahul Pai

2

Reason for the notification

a)

Position/status

Chief Financial 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 and immediate vesting of part of that award.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

2410462 (award)

Nil

1205231 (vesting)

 

d)

Aggregated information

- Aggregated volume - Price

N/A

e)

Date of the transaction

3rd June 2019

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

 

 

Communications adviser to Finablr

 

Brunswick Group

Gill Ackers, Partner: +44 20 7404 5959

Alex Blake-Milton, Partner: +971 2 245 1400

 

 

 

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.
 
END
 
 
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