11 Jan 2018 15:06
11 January 2018
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, as required pursuant to a divorce settlement, on 11 January 2018, Andy Thomson, Chief Financial Officer of Morses Club, transferred 2,638,768 ordinary shares of 1 pence each in the Company ("Shares") to his wife, Clare Thomson.
Following this transaction, Andy Thomson holds 3,038,171 Shares, which represents 2.35% 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 | Andy Thomson | |
2 | Reason for the notification | ||
a) | Position/status | Chief Financial 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 | Transfer of shares to spouse for nil consideration | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | £0.00 | 2,638,768 shares |
| |||
e) | Aggregated information | Not applicable - single transaction | |
f) | Date of the transaction | 11 January 2018 | |
g) | Place of the transaction | Outside a trading venue | |
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 | Clare Thomson | |
2 | Reason for the notification | ||
a) | Position/status | Person closely associated with Andy Thomson, a PDMR within Morses Club PLC | |
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 | Receipt of transfer of shares for nil consideration | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | £0.00 | 2,638,768 shares |
| |||
e) | Aggregated information | Not applicable - single transaction | |
f) | Date of the transaction | 11 January 2018 | |
g) | Place of the transaction | Outside a trading venue | |
The above notifications are made in accordance with the requirements of the EU Market Abuse Regulation.
Enquiries:
Morses Club PLC Paul Smith, Chief Executive OfficerAndy Thomson, Chief Financial Officer | Tel: +44 (0) 330 045 0719 |
Panmure Gordon (UK) Limited (Nomad and Joint Broker)Richard Gray / Fabien Holler / Atholl Tweedie (Corporate Finance) Charles Leigh-Pemberton (Corporate Broking) | Tel: +44 (0) 20 7886 2500 |
finnCapJonny Franklin-Adams / Emily Watts / Anthony Adams (Corporate Finance)Tim Redfern / Richard Chambers (Corporate Broking)
| Tel: +44 (0) 20 7220 0500 |
CamarcoEd Gascoigne-PeesJennifer RenwickKimberley Taylor | Tel: +44 (0) 20 3757 4984 |
MCL.L (MCL)