finnCap Group PLC PDMR Dealings (2032M)

TIDMFCAP

RNS Number : 2032M

finnCap Group PLC

12 September 2023

12 September 2023

finnCap Group plc

(" finnCap " or the " Company ")

PDMR Dealings

Further to the announcement on 7 September 2023 that the recommended all-share merger (the "Merger") between Cenkos Securities plc, now renamed Cavendish Securities plc ("Cenkos") and the Company by way of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme") had become effective, finnCap today announces that rollover awards to participants in the Cenkos Deferred Bonus Scheme ("Cenkos DBSS") and the Cenkos Short-Term Incentive Plan ("Cenkos STIP"), as described in the Scheme document, have been made in respect of their unvested awards under the Cenkos DBSS and the Cenkos STIP in accordance with the terms of the Cenkos DBSS and the Cenkos STIP (the "Rollover DBSS Awards" and the "Rollover STIP Awards").

As a result, Julian Morse and Ben Procter (who since the effective date of the Merger are now Executive Directors and PDMRs of the Company) received the Rollover DBSS Awards and Rollover STIP Awards over finnCap shares set out in the notifications below, made in accordance with the requirements of the UK Market Abuse Regulation.

Contacts

finnCap Group plc Tel: [phone]

John Farrugia, Co-Chief Executive Officer [e-mail]

Julian Morse, Co-Chief Executive Officer

Ben Procter, Chief Financial Officer

Grant Thornton (Nominated Adviser) Tel: [phone]

Philip Secrett/Samantha Harrison/Samuel Littler

Oberon Capital (Joint Broker) Tel: [phone]

Mike Seabrook

   Cavendish Capital Markets Limited (Joint Broker)                    Tel: [phone] 

Tim Redfern

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                  Julian Morse 
      ------------------------------------  ---------------------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------------------ 
 a)    Position/status                       Joint Chief Executive Officer 
      ------------------------------------  ---------------------------------------------- 
 b)    Initial notification                  Initial 
        /Amendment 
      ------------------------------------  ---------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
 a)    Name                                  finnCap Group plc 
      ------------------------------------  ---------------------------------------------- 
 b)    LEI                                   213800DLRUJW6JVNS533 
      ------------------------------------  ---------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                    Ordinary shares 
        financial instrument, 
        type of instrument 
 
       Identification code                   GB00BGKPX309 
 
 b)    Nature of the transaction                  (1) Grant of rollover award under 
                                                   the Short-Term Incentive Plan 
                                                   (2) Grant of rollover award under 
                                                   the Deferred Bonus Scheme 
      ------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                             -----------------  ------------------------ 
                                              Price(s)           Volume(s) 
                                             -----------------  ------------------------ 
    (1) Nil                                                      (1) 2,044,292 
   -----------------------------------------------------------  ------------------------ 
    (2) Nil                                                      (2) 871,017 
   -----------------------------------------------------------  ------------------------ 
 
 d)    Aggregated information 
 
  - Aggregated volume                   N/A 
 
  - Price 
 
 e)    Date of the transaction               8 September 2023 
      ------------------------------------  ---------------------------------------------- 
 f)    Place of the transaction              Outside a trading venue 
      ------------------------------------  ---------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                     Ben Procter 
      ---------------------------------------  ---------------------------------------------------- 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Financial Officer 
      ---------------------------------------  ---------------------------------------------------- 
 b)    Initial notification                     Initial 
        /Amendment 
      ---------------------------------------  ---------------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------------------- 
 a)    Name                                     finnCap Group plc 
      ---------------------------------------  ---------------------------------------------------- 
 b)    LEI                                      213800DLRUJW6JVNS533 
      ---------------------------------------  ---------------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                       Ordinary shares 
        financial instrument, 
        type of instrument 
 
       Identification code                      GB00BGKPX309 
 
 b)    Nature of the transaction                           (1) Grant of rollover award under 
                                                            the Short-Term Incentive Plan 
                                                            (2) Grant of rollover award under 
                                                            the Deferred Bonus Scheme 
      ---------------------------------------  ---------------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                ------------------------  ----------------------- 
                                                 Price(s)                  Volume(s) 
                                                ------------------------  ----------------------- 
    Nil                                                                    319,420 
   ---------------------------------------------------------------------  ----------------------- 
    Nil                                                                    1,014,035 
   ---------------------------------------------------------------------  ----------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      N/A 
 
  - Price 
 
 e)    Date of the transaction                  8 September 2023 
      ---------------------------------------  ---------------------------------------------------- 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  ---------------------------------------------------- 
 

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September 12, 2023 10:30 ET (14:30 GMT)