13 Jun 2017 07:00
13 June 2017
Private & Commercial Finance Group plc
("PCFG", the "Company" or the "Group")
Director Dealing
The Company was informed on 12 June 2017 that, on 9 June 2017, Scott Maybury a director, sold 92,500 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at a price of 24.01 pence and then repurchased the same number of 92,500 at a price of 25.44 pence to facilitate an NISA transfer.
Following these transactions, Mr Maybury's beneficial ownership remains unchanged at 1,717,653 Ordinary Shares, representing approximately 0.8 per cent of PCFG's Ordinary Share capital.
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For further information, please contact:
Private & Commercial Finance Group Scott Maybury, Chief Executive Officer Robert Murray, Managing Director David Bull, Finance Director
|
| Tel: +44 (0) 20 7222 2426 |
Tavistock Communications Jos Simson / Niall Walsh
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| Tel: +44 (0) 20 7920 3150 |
Panmure Gordon (UK) Limited Atholl Tweedie / Adam James - Corporate Finance Charles Leigh-Pemberton - Corporate Broking
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| Tel: +44 (0) 20 7886 2500 |
Stockdale Securities Robert Finlay / Richard Johnson - Corporate Finance Henry Willcocks - Corporate Broking
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| Tel: +44 (0) 20 7601 6100 |
About Private & Commercial Finance Group plc (www.pcfg.co.uk)
Established in 1994, Private & Commercial Finance Group plc is an AIM-quoted specialist bank which has two main operating divisions:
• Consumer Finance which provides finance for motor vehicles to consumers; and
• Business Finance which provides finance for vehicles, plant and equipment to SMEs.
The Group has a highly efficient and scalable business model, utilising its specially developed internet-based proposal system to service national networks of brokers and suppliers.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them.
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
a)
| Names | Scott Maybury - Director | ||||||
2
| Reason for the notification | |||||||
a)
| Position/status
| See 1(a) above for position - classified as a PDMR of PCFG | ||||||
b)
| Initial notification /Amendment
| Initial | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a)
| Name
| Private & Commercial Finance Group plc
| ||||||
b)
| LEI | 213800UDT5QE28AFU288 | ||||||
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
| Ordinary shares of 5 pence each ("Ordinary Shares") | ||||||
b) | Identification code
| GB0004189378 | ||||||
c)
| Nature of the transaction
| Sale and purchase of Ordinary Shares
| ||||||
d)
| Price(s) and volume(s) |
| ||||||
d)
| Aggregated information - Aggregated volume - Price | 92,500 Ordinary Shares (sold) at 24.01 pence per Ordinary Share 92,500 Ordinary Shares (bought) at 25.44 pence per Ordinary Share
| ||||||
e)
| Date of the transaction | 9 June 2017 | ||||||
f)
| Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||
Name of authorised official of issuer responsible for making notification:
Robert Murray
Company Secretary to Private & Commercial Finance Group plc