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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 : 2932L
Non-Standard Finance PLC
21 December 2018
Non-Standard Finance plc
(the 'Company' or the 'Group')
Purchase of own shares to satisfy Non-Executive Director fees
Director/PDMR Shareholding
21 December 2018
In accordance with the Group's Remuneration Policy approved by shareholders on 14 May 2018, the Group announces the purchase of 12,989 ordinary shares of GBP0.05 each ('Ordinary Shares') at a price of 65.5p per Ordinary Share and a total cost (excluding dealing costs) of GBP8,508. The Ordinary Shares purchased have been immediately transferred to Mr. Charles Gregson, Non-Executive Chairman of the Company to satisfy 50% of the post-tax fees due to be paid to Mr. Gregson by the Company for the period from 1 October 2018 to 31 December 2018. The remaining 50% of fees due has been paid in cash.
It is expected that future share purchases will be made quarterly by the Company to satisfy 50% of the post-tax fees due to Mr. Gregson for the previous three month-period.
As a result of the immediate transfer to Mr. Gregson, there is no change in the number of Ordinary Shares held in treasury or the total number of voting rights in the Company of 312,049,682 arising from the Ordinary Shares purchased by the Company.
As a result of the above transaction, Mr. Gregson has a beneficial interest in 310,984 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 the Company and immediate transfer to Charles Gregson, as satisfaction of 50% of his post-tax directors fees -------------------------- -------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) 65.5 pence 12,989 Ordinary Shares ---------------- -------------------------- -------------------------------------------- d) Aggregated information - Aggregated volume 12,989 Ordinary Shares - Price 65.5 pence -------------------------- -------------------------------------------- e) Date of the transaction 21 December 2018 -------------------------- -------------------------------------------- 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
POSPGGAAPUPRGGG
(END) Dow Jones Newswires
December 21, 2018 06:58 ET (11:58 GMT)
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