21 Apr 2022 11:32
Provident Financial plc ("the Company")
Director/PDMR Transaction - Initial Notification
The Company announces that on 20 April 2022, 23,830 ordinary shares of 20 8/11p ("Shares") have vested to Neeraj Kapur, who is a director of the Company, in respect of a Buy Out Award Agreement granted in April 2020. 11,553 of those Shares were sold on 20 April 2022 to satisfy income tax and national insurance contributions due on vesting.
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
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a)
| Name
| Neeraj Kapur
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2
| Reason for the notification
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a)
| Position/status
| Chief Finance 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
| (1) Vesting of a conditional award by the Company over 23,830 shares under a Buy Out Award Agreement.
(2) subsequent sale of 11,553 Shares to satisfy income tax and national insurance contributions due on vesting.
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c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume - Price
|
| ||||||
e)
| Date of the transaction | 20 April 2022 | ||||||
f)
| Place of the transaction | (1) Outside a trading venue (2) London Stock Exchange | ||||||
Name of authorised official of issuer responsible for making notification:
David Whincup, Deputy Company Secretary
Date of Notification:
21 April 2022