Finablr PLC Director/PDMR Shareholding (7573E)

TIDMFIN

RNS Number : 7573E

Finablr PLC

08 July 2019

Monday, 8th July 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 payments and foreign exchange company, announces that certain directors 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                                                      Promoth Manghat 
      --------------------------------------------------------  ------------------------------------------------------ 
2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
a)    Position/status                                           Chief Executive Officer 
      --------------------------------------------------------  ------------------------------------------------------ 
b)    Initial notification /Amendment                           Initial notification 
      --------------------------------------------------------  ------------------------------------------------------ 
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 instrument, type of          Ordinary shares of GBP1 each 
       instrument 
       Identification Code                                       GB00BJ7HMW26 
      --------------------------------------------------------  ------------------------------------------------------ 
c)    Nature of the transaction                                 Award over shares following the Finablr IPO under its 
                                                                2019 Long Term Incentive Plan. 
      --------------------------------------------------------  ------------------------------------------------------ 
c)    Price(s) and volume(s)                                    Price(s)  Volume(s) 
                                                                 Nil       768000 (award) 
                                                                           -------------- 
      --------------------------------------------------------  ------------------------------------------------------ 
d)    Aggregated information                                    N/A 
       - Aggregated volume - Price 
      --------------------------------------------------------  ------------------------------------------------------ 
e)    Date of the transaction                                   2019-07-03 
                                                                 BST 
      --------------------------------------------------------  ------------------------------------------------------ 
f)    Place of the transaction                                  Outside a trading venue 
      --------------------------------------------------------  ------------------------------------------------------ 
 
 
1     Details of the person discharging managerial responsibilities / person closely associated 
a)    Name                                                      Binay Shetty 
      --------------------------------------------------------  ------------------------------------------------------ 
2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
a)    Position/status                                           Executive Director 
      --------------------------------------------------------  ------------------------------------------------------ 
b)    Initial notification /Amendment                           Initial notification 
      --------------------------------------------------------  ------------------------------------------------------ 
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 instrument, type of          Ordinary shares of GBP1 each 
       instrument 
       Identification Code                                       GB00BJ7HMW26 
      --------------------------------------------------------  ------------------------------------------------------ 
c)    Nature of the transaction                                 Award over shares following the Finablr IPO under its 
                                                                2019 Long Term Incentive Plan. 
      --------------------------------------------------------  ------------------------------------------------------ 
c)    Price(s) and volume(s)                                    Price(s)  Volume(s) 
                                                                 Nil       528000 (award) 
                                                                           -------------- 
      --------------------------------------------------------  ------------------------------------------------------ 
d)    Aggregated information                                    N/A 
       - Aggregated volume - Price 
      --------------------------------------------------------  ------------------------------------------------------ 
e)    Date of the transaction                                   2019-07-03 
                                                                 BST 
      --------------------------------------------------------  ------------------------------------------------------ 
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] 
 
 PR/IR adviser to Finablr 
 Brunswick Group (Brian Buckley, Gill Ackers, Alex Blake-Milton) 
 0207 404 5959 
 
 
 
 

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July 08, 2019 02:25 ET (06:25 GMT)