We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Fairfx Group Plc | LSE:FFX | London | Ordinary Share | GB00BLS0XX25 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 124.50 | 124.00 | 125.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMFFX
RNS Number : 2282L
FAIRFX Group PLC
29 September 2016
FairFX Group plc
("FairFX" or "the Group" or "the Company")
Grant of Options and Director/PDMR Dealings
FairFX, the low cost multi-currency payments service, announces that it has granted options over ordinary shares of GBP0.01 each in the Company ("New Options") to the following directors of the Company, in accordance with FairFX's existing EMI Share Option Plan:
Hot Features
Premium
Director Position Number
of New
Options
granted
---------------------- ----------------- ---------
Chief Executive
Ian Strafford-Taylor Officer 750,000
---------------------- ----------------- ---------
Non-Executive
John Pearson Chairman 250,000
---------------------- ----------------- ---------
Non-Executive
Ajay Chowdhury Director 50,000
---------------------- ----------------- ---------
Non-Executive
Bob Head Director 133,333
---------------------- ----------------- ---------
The New Options have an exercise price of 29.75p per share, representing the closing mid-market price as at 28 September 2016 following the publication of the Company's interim results. The New Options will vest in three equal tranches on the first, second and third anniversary of the grant. Once vested, the New Options may be exercised after three years and within ten years from the date of grant.
Further detail is provided below in accordance with Article 19.3 of the EU Market Abuse Regulation.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name
Ian Strafford-Taylor
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Chief Executive Officer
--- ------------------------- -------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name FairFX Group plc
--- ------------------------- -------------------------------
b) LEI N/A
--- ------------------------- -------------------------------
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 Ordinary shares of GBP0.01
the financial each
instrument, type
of instrument
ISIN: GB00BLS0XX25
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of options over ordinary
transaction shares
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------------- ----------
Exercise price
of 29.75p per
share 750,000
---------------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Price
--- ------------------------- -------------------------------
e) Date of the transaction 28 September 2016
--- ------------------------- -------------------------------
f) Place of the transaction London Stock Exchange
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------
a) Name
John Pearson
--- ------------------------ -------------------------------
2 Reason for the notification
--- ---------------------------------------------------------
a) Position/status Non-Executive Chairman
--- ------------------------ -------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name FairFX Group plc
--- ------------------------ -------------------------------
b) LEI N/A
--- ------------------------ -------------------------------
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 Ordinary shares of GBP0.01
the financial each
instrument, type
of instrument
ISIN: GB00BLS0XX25
Identification
code
--- ------------------------ -------------------------------
b) Nature of the Grant of options over ordinary
transaction shares
--- ------------------------ -------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------------- ----------
Exercise price
of 29.75p per
share 250,000
---------------- ----------
--- ------------------------ -------------------------------
d) Aggregated information
N/A
- Aggregated
volume
- Price
--- ------------------------ -------------------------------
e) Date of the transaction 28 September 2016
--- ------------------------ -------------------------------
f) Place of the London Stock Exchange
transaction
--- ------------------------ -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------
a) Name
Ajay Chowdhury
--- ------------------------ -------------------------------
2 Reason for the notification
--- ---------------------------------------------------------
a) Position/status Non-Executive Director
--- ------------------------ -------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name FairFX Group plc
--- ------------------------ -------------------------------
b) LEI N/A
--- ------------------------ -------------------------------
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 Ordinary shares of GBP0.01
the financial each
instrument, type
of instrument
ISIN: GB00BLS0XX25
Identification
code
--- ------------------------ -------------------------------
b) Nature of the Grant of options over ordinary
transaction shares
--- ------------------------ -------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------------- ----------
Exercise price
of 29.75p per
share 50,000
---------------- ----------
--- ------------------------ -------------------------------
d) Aggregated information
N/A
- Aggregated
volume
- Price
--- ------------------------ -------------------------------
e) Date of the transaction 28 September 2016
--- ------------------------ -------------------------------
f) Place of the London Stock Exchange
transaction
--- ------------------------ -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------
a) Name
John Pearson
--- ------------------------ -------------------------------
2 Reason for the notification
--- ---------------------------------------------------------
a) Position/status Non-Executive Chairman
--- ------------------------ -------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name FairFX Group plc
--- ------------------------ -------------------------------
b) LEI N/A
--- ------------------------ -------------------------------
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 Ordinary shares of GBP0.01
the financial each
instrument, type
of instrument
ISIN: GB00BLS0XX25
Identification
code
--- ------------------------ -------------------------------
b) Nature of the Grant of options over ordinary
transaction shares
--- ------------------------ -------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------------- ----------
Exercise price
of 29.75p per
share 250,000
---------------- ----------
--- ------------------------ -------------------------------
d) Aggregated information
N/A
- Aggregated
volume
- Price
--- ------------------------ -------------------------------
e) Date of the transaction 28 September 2016
--- ------------------------ -------------------------------
f) Place of the London Stock Exchange
transaction
--- ------------------------ -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------
a) Name
Bob Head
--- ------------------------ -------------------------------
2 Reason for the notification
--- ---------------------------------------------------------
a) Position/status Non-Executive Director
--- ------------------------ -------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name FairFX Group plc
--- ------------------------ -------------------------------
b) LEI N/A
--- ------------------------ -------------------------------
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 Ordinary shares of GBP0.01
the financial each
instrument, type
of instrument
ISIN: GB00BLS0XX25
Identification
code
--- ------------------------ -------------------------------
b) Nature of the Grant of options over ordinary
transaction shares
--- ------------------------ -------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------------- ----------
Exercise price
of 29.75p per
share 133,333
---------------- ----------
--- ------------------------ -------------------------------
d) Aggregated information
N/A
- Aggregated
volume
- Price
--- ------------------------ -------------------------------
e) Date of the transaction 28 September 2016
--- ------------------------ -------------------------------
f) Place of the London Stock Exchange
transaction
--- ------------------------ -------------------------------
Contact:
FairFX Group plc Ian Strafford-Taylor, CEO +44 (0) 20 7778 9308 Cenkos Securities plc Max Hartley/Callum Davidson +44 (0) 20 7397 8925 Yellow Jersey PR Charles Goodwin Aidan Stanley +44 (0) 7747 788 221
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
About FairFX
FairFX is a leading international payment services provider, incorporated in the UK in 2005. The Company has developed a cloud-based peer-to-peer payments platform that enables personal and business customers to make easy, low-cost multi-currency payments in a broad range of currencies and across a range of FX products all via one integrated system. The FairFX platform facilitates payments either direct to Bank Accounts or at 30 million merchants and over 1 million ATM's in a broad range of countries globally via Mobile apps, the Internet, SMS, wire transfer and MasterCard/VISA debit cards.
FairFX operates within the rapidly growing online multi-currency payments market and provides transactional services to both personal and business customers through four channels being Currency Cards, Physical Currency, FairPay and Dealing. The Currency Card and Physical Currency offerings facilitate multiple overseas payments at points of sale and ATM's whereas the FairPay and Dealing products support wire transfer foreign exchange transactions direct to Bank Accounts.
For Corporates, FairFX has a market-leading business-expenses solution based around its corporate prepaid card allied to a platform allowing the Corporate to better control expenses and improve transparency whilst removing administrative burdens from staff.
In addition, FairFX has entered into a number of "white-label" arrangements for the use of its P2P matching platform. Partners include easyjet, ThinkMoney, Pitney Bowes and Quintessentially. FairFX has also partnered with Concur Technologies, Inc. a leading provider of integrated travel and expense management solutions with over 25 million users globally. Such relationships provide strong support for FairFX's customer acquisition strategy.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHEAFNNALSKEFF
(END) Dow Jones Newswires
September 29, 2016 07:48 ET (11:48 GMT)
1 Year Fairfx Chart |
1 Month Fairfx Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
