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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Non-standard Finance Plc | LSE:NSF | London | Ordinary Share | GB00BRJ6JV17 | ORD GBP0.05 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.04 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNSF
RNS Number : 7284O
Non-Standard Finance PLC
03 October 2019
Non-Standard Finance plc
(the 'Company' or the 'Group')
Purchase of shares in respect of Non-Executive Director fees
Director/PDMR Shareholding
3 October 2019
In accordance with the Group's Remuneration Policy approved by shareholders on 14 May 2018, the Group announces the purchase by Mr. Charles Gregson, Non-Executive Chairman of the Company, of 22,300 ordinary shares of GBP0.05 each ('Ordinary Shares') at a price of 38p per Ordinary Share and a total cost (excluding dealing costs) of GBP8,474.
The Company gave funds to Mr. Gregson to be applied for the immediate purchase of Ordinary Shares by Mr. Gregson to satisfy 50% of the post-tax fees due to be paid to Mr. Gregson by the Company for the period from 1 July 2019 to 30 September 2019. The remaining 50% of fees in relation to that period has been paid in cash. It is expected that future share purchases will be made quarterly, in the same manner, to satisfy 50% of the post-tax fees due to Mr. Gregson for the previous three month-period.
As a result of the above transaction, Mr. Gregson has a beneficial interest in 372,617 Ordinary Shares, representing 0.1 per cent of the issued share capital of the Company.
For more information:
Non-Standard Finance plc +44 (0) 20 3869 Peter Reynolds, Director, IR and Communications 9026
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
1 Details of the person discharging managerial responsibilities / person closely associated a) Name Charles Gregson -------------------------- ------------------------------------------- 2 Reason for the notification ----------------------------------------------------------------------- a) Position/status Non-Executive Chairman -------------------------- ------------------------------------------- b) Initial notification Initial notification /Amendment -------------------------- ------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ----------------------------------------------------------------------- a) Name Non-Standard Finance plc -------------------------- ------------------------------------------- b) LEI 213800DVBNIJ1J2OF119 -------------------------- ------------------------------------------- 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 Ordinary shares of 5p each in the capital financial instrument, of Non-Standard Finance plc type of instrument GB00BRJ6JV17 Identification code -------------------------- ------------------------------------------- b) Nature of the transaction Purchase of Ordinary Shares by Charles Gregson in respect of 50% of his post-tax directors fees -------------------------- ------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) 38 pence 22,300 Ordinary Shares ---------------- -------------------------- ------------------------------------------- d) Aggregated information - Aggregated volume 22,300 Ordinary Shares - Price 38 pence -------------------------- ------------------------------------------- e) Date of the transaction 3 October 2019 -------------------------- ------------------------------------------- f) Place of the transaction London Stock Exchange (XLON) -------------------------- -------------------------------------------
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
October 03, 2019 11:17 ET (15:17 GMT)
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