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PayPoint plc Updates on Director Shareholding Changes

PayPoint plc Updates on Director Shareholding Changes

PayPoint plc Director/PDMR Shareholding Notification

PayPoint plc has shared important updates regarding transactions made by Persons Discharging Managerial Responsibilities (PDMRs). This includes details about the purchase of Partnership Shares and the distribution of Matching Shares under the company's Share Incentive Plan (SIP).

Details of Share Transactions

Recently, PDMRs participating in the SIP made significant share acquisitions. This announcement covers the Partnership Shares they bought, along with the Matching Shares they were awarded, including specifics on pricing and quantities.

PDMR Share Acquisitions Summary

The executive directors involved in these SIP transactions are Nicholas Wiles and Rob Harding. Each of them acquired 18 Partnership Shares at a price of £6.9604, and they were granted an equal number of Matching Shares at £0.00333 each.

Regulatory Compliance

This announcement meets the regulatory requirements established by the UK Market Abuse Regulation. Ensuring transparency in these transactions is essential for maintaining shareholder trust and complying with market standards.

Company Information and Contacts

If stakeholders have any questions regarding these transactions, they can contact:

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 enables employees to purchase shares in the company and receive matching shares, promoting long-term investment in the company.

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 acquired at a price of £6.9604 each.

What are Matching Shares in the context of the SIP?

Matching Shares are additional shares provided by the company for each Partnership Share purchased, at a reduced price, to encourage employee investment.

Who should stakeholders contact for more information?

For inquiries about the share purchases, stakeholders can reach Julia Herd at +44 (0)7542 031173 or Steve O'Neill at +44 (0)7919 488066.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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