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25 Jul 2017 16:00
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 /Amendment | Initial Notification | |
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 financial instrument, type of instrument: Identification code: | Ordinary shares of 1 pence each
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 - Price - Aggregated total |
327,580 130.00 pence per share £425,854 | |
f) | Date of the transaction | 24 July 2017 | |
g) | Place of the transaction | London Stock Exchange, AIM | |
Enquiries:
Morses Club PLCPaul Smith, Chief Executive OfficerAndy Thomson, Chief Financial Officer | Tel: +44 (0) 330 045 0719 |
Numis Securities Limited (Nomad and Joint Broker)Andrew HollowayCharlie Farquhar Paul Gillam
| Tel: +44 (0) 20 7260 1000 |
Panmure Gordon (UK) Limited (Joint Broker) Richard Gray Charles Leigh Pemberton
| Tel: +44 (0) 20 7886 2500 |
CamarcoEd Gascoigne-PeesJennifer Renwick | Tel: +44 (0) 20 3757 4984 |
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