27 Mar 2017 15:50
Provident Financial plc ("the Company")
Director/PDMR Transaction - Initial Notification
The Company announces that it has granted awards over the Company's ordinary shares of 20 8/11p each ("Ordinary Shares") to Peter Stuart Crook, Andrew Charles Fisher, Nicholas Boakes, Shamus Hodgson and Chris Sweeney, who are all directors/persons discharging managerial responsibility ("PDMRs") in the Company. The awards were made under the Provident Financial Performance Share Plan 2013 on 24 March 2017 and were granted at a price of £29.28 per Ordinary Share. SG Kleinwort Hambros Trust Company (CI) Limited subscribed for 121,101 Ordinary Shares and transferred the legal and beneficial interest to the PDMRs in satisfaction of the basic award and the beneficial interest only to the PDMRs in satisfaction of the matching award granted subject to and in accordance with the terms of the Provident Financial Performance Share Plan 2013:
Director/ PDMR | Beneficial holding of Ordinary Shares prior to the Dealing | % of issued share capital prior to the Dealing | Ordinary Shares acquired by or on behalf of Director / PDMR | Resultant Beneficial holding of Ordinary Shares after the Dealing | Resultant % of issued share capital after the Dealing |
Peter Stuart Crook | 228,154 unrestricted shares and 292,798 restricted shares | 0.153%
0.198% | 19,946 unrestricted and 39,892 restricted shares
| 248,100 unrestricted shares and 332,690 restricted shares | 0.167%
0.224% |
Andrew Charles Fisher | 144,288 unrestricted shares and 195,558 restricted shares | 0.097%
0.131% | 11,840 unrestricted and 23,680 restricted shares
| 156,128 unrestricted shares and 219,238 restricted shares | 0.105%
0.147% |
Nicholas Boakes | 6,129 unrestricted shares and 22,804 restricted shares | 0.004% 0.015% | 1,502 unrestricted and 1,502 restricted shares
| 7,631 unrestricted shares and 24,306 restricted shares | 0.005% 0.016% |
Shamus Hodgson | 1,862 unrestricted shares and 13,379 restricted shares | 0.001% 0.009% | 1,534 unrestricted and 1,534 restricted shares
| 3,396 unrestricted shares and 14,913 restricted shares | 0.002% 0.010% |
Chris Sweeney | 15,906 unrestricted shares and 50,492 restricted shares | 0.010% 0.034% | 6,557 unrestricted and 13,114 restricted shares
| 22,463 unrestricted shares and 63,606 restricted shares | 0.015% 0.042% |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Peter Stuart Crook
| ||||
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
| Provident Financial plc | ||||
b)
| LEI
| 213800U93SZC44VXN635 | ||||
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 20 8/11p
GB00B1Z4ST84
| ||||
b)
| Nature of the transaction
| Acquisition of shares under the Provident Financial Performance Share Plan 2013 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
59,838
£1,752,056.64 | ||||
e)
| Date of the transaction | 24 March 2017 | ||||
f)
| Place of the transaction | Outside a trading venue | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Andrew Charles Fisher
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Finance Director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Provident Financial plc | ||||
b)
| LEI
| 213800U93SZC44VXN635 | ||||
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 20 8/11p
GB00B1Z4ST84
| ||||
b)
| Nature of the transaction
| Acquisition of shares under the Provident Financial Performance Share Plan 2013 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
35,520
£1,040,025.60 | ||||
e)
| Date of the transaction
| 24 March 2017 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Nicholas Boakes
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Provident Financial plc | ||||
b)
| LEI
| 213800U93SZC44VXN635 | ||||
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 20 8/11p
GB00B1Z4ST84
| ||||
b)
| Nature of the transaction
| Acquisition of shares under the Provident Financial Performance Share Plan 2013 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
3,004
£87,957.12 | ||||
e)
| Date of the transaction
| 24 March 2017 | ||||
f)
| Place of the transaction | Outside a trading venue | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Shamus Hodgson | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Provident Financial plc | ||||
b)
| LEI
| 213800U93SZC44VXN635 | ||||
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 20 8/11p
GB00B1Z4ST84
| ||||
b)
| Nature of the transaction
| Acquisition of shares under the Provident Financial Performance Share Plan 2013 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
3,068
£89,831.04 | ||||
e)
| Date of the transaction
| 24 March 2017 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Chris Sweeney
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Provident Financial plc | ||||
b)
| LEI
| 213800U93SZC44VXN635 | ||||
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 20 8/11p
GB00B1Z4ST84
| ||||
b)
| Nature of the transaction
| Acquisition of shares under the Provident Financial Performance Share Plan 2013 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
19,671
£575,966.88 | ||||
e)
| Date of the transaction
| 24 March 2017 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Name of authorised official of issuer responsible for making notification:
Emma G Versluys, Deputy Company Secretary
Date of Notification:
27 March 2017