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27 Oct 2016 11:31
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Private & Commercial Finance Group plc
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("PCFG" or the "Company")
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Director / PDMR Dealings
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The Company was informed on 26 October 2016 that, on 4 October 2016, the Self Invested Pension Plan of David Bull, PCFG's Finance Director, sold 1,459 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at a price of 25 pence per Ordinary Share. Mr Bull's beneficial interest following this transaction is in 163,579 Ordinary Shares, representing approximately 0.1 per cent of PCFG's issued share capital.
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For further information please contact:
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Private & Commercial Finance Group Scott Maybury, Chief Executive Robert Murray, Managing Director David Bull, Finance Director Ā | Tel: +44 (0) 20 7222 2426 |
Tavistock Communications Jos Simson / Niall Walsh Ā | Tel: +44 (0) 20 7920 3150 |
Panmure Gordon (UK) Limited Adam James / Peter Steel / Atholl Tweedie Ā | Tel: +44 (0) 20 7886 2500 |
Stockdale Securities Henry Willcocks Ā | Tel: +44 (0) 20 7601 6100 |
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The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them.
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Ā 1 Ā | Details of the person discharging managerial responsibilities / person closely associatedĀ | |
a) Ā | NamesĀ | David Bull - Finance Director |
2 Ā | Reason for the notification | |
a) Ā | Position/status Ā | See 1(a) above for position - classified as a PDMR of PCFG |
b) Ā | Initial notification /Amendment Ā | Initial |
3 Ā | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorĀ | |
a) Ā | Name Ā | Private & Commercial Finance Group plc Ā |
b) Ā | LEI | |
4 Ā | 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) Ā | Description of the financial instrument, type of instrument Ā | Ordinary shares of 5 pence each ("Ordinary Shares") |
b) | Identification codeĀ Ā | GB0004189378 |
c) Ā | Nature of the transactionĀ Ā | Sale of Ordinary Shares Ā |
d) Ā | Price(s) and volume(s) | Price - 25 pence per Ordinary Share Volume - 1,459 Ordinary Shares Ā |
d) Ā | Aggregated informationĀ - Aggregated volume - Price | Ā n/a Ā |
e) Ā | Date of the transactionĀ | 04 October 2016 |
f) Ā | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
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Name of authorised official of issuer responsible for making notification:
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Robert Murray
Company Secretary to Private & Commercial Finance Group plc
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About Private & Commercial Finance Group plc
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Established in 1994, Private & Commercial Finance Group plc is an AIM-quoted finance house which has two main operating divisions:
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Ā· Consumer Finance which provides finance for motor vehicles to consumers; and
Ā· Business Finance which provides finance for vehicles, plant and equipment to SMEs.
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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.
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