PayPoint plc Updates on Director Shareholding Changes
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PayPoint plc Director/PDMR Shareholding Notification
PayPoint plc has announced significant updates concerning transactions by Persons Discharging Managerial Responsibilities (PDMRs). This includes updates on the acquisition of Partnership Shares and the allocation of Matching Shares under the company's Share Incentive Plan (SIP).
Details of Share Transactions
On a recent date, PDMRs who are participants in the SIP undertook notable share acquisitions. This includes information about the Partnership Shares purchased alongside Matching Shares awarded, specifying pricing and quantities.
PDMR Share Acquisitions Summary
The following executive directors participated in the SIP transactions: Nicholas Wiles and Rob Harding. They both purchased 18 Partnership Shares at a price of £6.9604, and were allotted an equivalent number of Matching Shares at £0.00333 each.
Regulatory Compliance
This notification is compliant with the regulatory obligations set forth by the UK Market Abuse Regulation. The transparency of these transactions is key to maintaining shareholder trust and adherence to market standards.
Company Information and Contacts
For any inquiries regarding these transactions, stakeholders can reach out to:
Julia Herd
On behalf of Indigo Corporate Secretary Limited, Company Secretary
+44 (0)7542 031173
Steve O'Neill
Corporate Affairs and Marketing Director
+44 (0)7919 488066
LEI: 5493004YKWI8U0GDD138
Frequently Asked Questions
What is the Share Incentive Plan (SIP)?
The SIP allows employees to buy shares in the company and receive matching shares from the company, encouraging long-term investment.
How many shares did the executive directors purchase?
Both Nicholas Wiles and Rob Harding purchased 18 Partnership Shares each.
What was the price of the Partnership Shares?
The Partnership Shares were purchased at a price of £6.9604 each.
What are Matching Shares in the context of the SIP?
Matching Shares are additional shares granted by the company for each Partnership Share purchased, at a lower price, to incentivize employee investment.
Who should stakeholders contact for more information?
Stakeholders can contact Julia Herd at +44 (0)7542 031173 or Steve O'Neill at +44 (0)7919 488066 for inquiries about the share purchases.
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