Findel PLC Director/PDMR Shareholding (5269G)

TIDMFDL

RNS Number : 5269G

Findel PLC

08 August 2016

8 August 2016

Findel plc (the "Company")

Notification of Share Dealing by PDMR

On Friday 5 August 2016 the Company made an award of nil cost options to Mr T. J. Kowalski, the Finance Director, pursuant to the Findel PLC Performance Share Plan 2016. The required notification details are attached to this announcement.

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Enquiries

Findel plc

David Sugden, Chairman

0161 303 3465

Tulchan Communications LLP

Stephen Malthouse / Will Smith

020 7353 4200

Findel plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                             T J Kowalski 
---  -------------------------------  ------------------------------------ 
 2    Reason for Notification 
---  --------------------------------------------------------------------- 
 a)   Position/status                  Finance Director 
---  -------------------------------  ------------------------------------ 
 b)   Initial notification/Amendment   Initial Announcement 
---  -------------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                             Findel 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 10 pence 
       the financial instrument,        each in Findel plc 
       type of instrument 
       Identification                   GB00B8B4R053 
       code 
---  -------------------------------  ------------------------------------ 
 b)   Nature of the transaction        Grant of an award under the 
                                        Company's Performance Share 
                                        Plan 2016 as an option with 
                                        a nil exercise price per share. 
                                        Subject to performance and 
                                        continued service, normally 
                                        vests after 3 years. Any vested 
                                        part is normally exercisable 
                                        for 12 month from time of 
                                        vesting. 
---  -------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                        ----------  ---------- 
                                         Nil         185,034 
                                        ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
---  -------------------------------  ------------------------------------ 
 e)   Date of the transaction          5 August 2016 
---  -------------------------------  ------------------------------------ 
 f)   Place of the transaction         Outside a trading venue 
---  -------------------------------  ------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 08, 2016 05:11 ET (09:11 GMT)