RNS Number : 2593A
Alfa Financial Software Hldgs PLC
13 April 2026
13 April 2026
Alfa Financial Software Holdings PLC
Award under the Long Term Incentive Plan
Award under the Deferred Bonus Share Plan
Long Term Incentive Plan
Alfa Financial Software Holdings PLC (the "Company") announces that under the Company's 2017 Long Term Incentive Plan ("LTIP"), the following award (the "2026 Award") was granted on 13 April 2026.
Name
Position
Number of shares subject to award
Matthew White
Chief Operating Officer
252,186
The vesting date for the 2026 Award is 13 April 2029, being the third anniversary of the award date. The 2026 Award is in the form of a conditional share award and vesting will be in accordance with performance conditions. No consideration is payable for the grant of an Award.
Deferred Bonus Share Plan
The Company announces that under the Company's Deferred Bonus Share Plan ("DBSP"), the following awards (the "DBSP Awards") were awarded on 13 April 2026.
Name
Position
Number of shares subject to award
Duncan Magrath
Chief Financial Officer
51,378
Matthew White
Chief Operating Officer
40,543
The Company's remuneration policy provides that not less than 50% after tax of any annual bonus awarded to Executive Directors shall be deferred into an award of shares under the DBSP. The 2026 DBSP Awards are in the form of net bonus shares, i.e. shares issued to the Executive Directors which are subject to restrictions on transfer and a risk of forfeiture until they are released on 13 April 2029, being the third anniversary of the award date. There are no further performance conditions associated with this award.
Duncan Magrath and Matthew White have informed the Company that they will, with the approval of the Remuneration Committee, transfer 51,378 and 40,543 shares respectively to their spouse for nil consideration.
The information contained in this notification is disclosed in accordance with the requirements of the UK Market Abuse Regulation.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Matthew White
2
Reason for the notification
a)
Position/status
Chief Operating Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Alfa Financial Software Holdings plc
b)
LEI
213800C5UOZHUTNUGA28
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 instrument
Alfa Financial Software Holdings plc Ordinary share of £0.001 each
Identification code
GB00BDHXPG30
b)
Nature of the transaction
Grant of a conditional share award under the 2017Alfa Financial Software Holdings PLC LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
nil
252,186
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
13 April 2026
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Duncan Magrath
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Alfa Financial Software Holdings plc
b)
LEI
213800C5UOZHUTNUGA28
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 instrument
Alfa Financial Software Holdings plc Ordinary share of £0.001 each
Identification code
GB00BDHXPG30
b)
Nature of the transaction
Issue of ordinary shares (net bonus shares) under the Alfa Financial Software Holdings PLC DBSP and transfer to spouse, Nicola Magrath for nil consideration
c)
Price(s) and volume(s)
Price(s)
Volume(s)
nil
51,378
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
13 April 2026
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Matthew White
2
Reason for the notification
a)
Position/status
Chief Operating Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Alfa Financial Software Holdings plc
b)
LEI
213800C5UOZHUTNUGA28
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 instrument
Alfa Financial Software Holdings PLC Ordinary share of £0.001 each
Identification code
GB00BDHXPG30
b)
Nature of the transaction
Issue of ordinary shares (net bonus shares) under theAlfa Financial Software Holdings PLC DBSP and transfer to spouse, Polly White for nil consideration
c)
Price(s) and volume(s)
Price(s)
Volume(s)
nil
40,543
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
13 April 2026
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nicola Magrath
2
Reason for the notification
a)
Position/status
PCA of Duncan Magrath
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Alfa Financial Software Holdings PLC
b)
LEI
213800C5UOZHUTNUGA28
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 instrument
Alfa Financial Software Holdings PLC Ordinary share of £0.001 each
Identification code
GB00BDHXPG30
b)
Nature of the transaction
Receipt of shares transferred from Duncan Magrath for nil consideration
c)
Price(s) and volume(s)
Price(s)
Volume(s)
nil
51,378
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
13 April 2026
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Polly White
2
Reason for the notification
a)
Position/status
PCA of Matthew White
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Alfa Financial Software Holdings PLC
b)
LEI
213800C5UOZHUTNUGA28
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 instrument
Alfa Financial Software Holdings PLC Ordinary share of £0.001 each
Identification code
GB00BDHXPG30
b)
Nature of the transaction
Receipt of shares transferred from Matthew White for nil consideration
c)
Price(s) and volume(s)
Price(s)
Volume(s)
nil
40,543
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
13 April 2026
f)
Place of the transaction
Outside of a trading venue
For further information:
Alfa Financial Software Holdings PLC Charlotte Caulfield Company Secretary
+44 (0)20 7588 1800
LEI Number: 213800C5UOZHUTNUGA28
Notes to Editors
Alfa has been delivering software systems and consultancy services to the global asset and automotive finance industry since 1990. Our best practice methodologies and specialised knowledge of asset finance facilitates delivery of large software implementations and highly complex business change projects. With an excellent delivery track record now into its fourth decade, Alfa's experience and performance is unrivalled in the industry.
Alfa Systems, our class-leading technology platform, is at the heart of some of the world's largest asset finance companies. Key to the business case for each implementation is Alfa Systems' ability to replace multiple customer systems with our single platform. Alfa Systems supports both retail and corporate business for auto, equipment, wholesale and dealer finance on a multijurisdictional basis, including leases/loans, originations and servicing. An end-to-end solution with integrated workflow and automated processing using business rules, Alfa Systems provides compelling solutions to asset finance companies.
Alfa Systems is currently live in 37 countries. Alfa has offices in Europe, Australasia and North America. For more information, visit www.alfasystems.com.
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHEASLDFEFKEFA
