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.