Finablr PLC Director/PDMR Shareholding (1450B)

TIDMFIN

RNS Number : 1450B

Finablr PLC

05 June 2019

5(th) June 2019

Finablr plc

("Finablr" or the "Company")

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them

Finablr, the UAE based global platform which provides Cross-Border Payments and Consumer Solutions, Consumer Foreign Exchange Solutions and B2B and Payment Technology Solutions to consumers and businesses, announces that certain employees have been granted awards over ordinary shares in the Company ("Ordinary Shares") under its 2019 Long Term Incentive Plan (the "LTIP"). These LTIP Awards are granted in connection with the Company's initial public offering, as disclosed in the Company's prospectus.

In relation to each PDMR, details of the number of shares under the awards and of each PDMR are detailed below.

 
1     Details of the person discharging managerial responsibilities / 
       person closely associated 
a)    Name                              Rahul Pai 
      --------------------------------  ------------------------------------------------------------------------------ 
2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
a)    Position/status                   Chief Financial Officer 
      --------------------------------  ------------------------------------------------------------------------------ 
b)    Initial notification              Initial notification 
       /Amendment 
      --------------------------------  ------------------------------------------------------------------------------ 
3     Details of the issuer 
      ---------------------------------------------------------------------------------------------------------------- 
a)    Name                              Finablr plc 
      --------------------------------  ------------------------------------------------------------------------------ 
b)    LEI                               2138005C7F6N115PM802 
      --------------------------------  ------------------------------------------------------------------------------ 
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 the financial      Ordinary shares of GBP1 each 
       instrument, type of instrument 
       Identification Code               GB00BJ7HMW26 
      --------------------------------  ------------------------------------------------------------------------------ 
c)    Nature of the transaction         Award over shares following the Finablr IPO under its 2019 Long Term Incentive 
                                        Plan and immediate 
                                        vesting of part of that award. 
      --------------------------------  ------------------------------------------------------------------------------ 
c)    Price(s) and volume(s)            Price(s)  Volume(s) 
                                         Nil       2410462 (award) 
                                                   ----------------- 
                                         Nil       1205231 (vesting) 
                                                   ----------------- 
      --------------------------------  ------------------------------------------------------------------------------ 
d)    Aggregated information            N/A 
       - Aggregated volume - 
       Price 
      --------------------------------  ------------------------------------------------------------------------------ 
e)    Date of the transaction           3(rd) June 2019 
      --------------------------------  ------------------------------------------------------------------------------ 
f)    Place of the transaction          Outside a trading venue 
      --------------------------------  ------------------------------------------------------------------------------ 
 

Enquiries

 
 The Company 
  Finablr PLC 
  Robert Moorhouse, Group Company Secretary: [phone] 
  Faiz Akbar Habib, Head of Communications and Research: 
  [phone] 
 
 Communications adviser to Finablr 
 Brunswick Group 
  Gill Ackers, Partner: [phone] 
  Alex Blake-Milton, Partner: [phone] 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHMMGGVNDKGLZM

(END) Dow Jones Newswires

June 05, 2019 02:01 ET (06:01 GMT)