Director and PDMR Subscriptions

Finseta

14/04/2026 07:02

RNS Number : 2847A

Finseta PLC

14 April 2026

 

THIS ANNOUNCEMENT (INCLUDING THE APPENDICES) (THIS "ANNOUNCEMENT") AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) 596 / 2014 WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN UK MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION, AS PERMITTED BY UK MAR. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.

 

14 April 2026

Finseta plc

("Finseta", the "Company" or the "Group")

 

Director and PDMR Subscriptions

 

Finseta (AIM: FIN) announced today a fundraising comprising a placing, subscription and proposed retail offer, including a proposed subscription by Directors and PDMRs (the "Fundraising"). Terms defined in the announcement of the Fundraising (the "Fundraising Announcement") have the same meaning in this announcement.

 

Director and PDMR Subscriptions

 

The following directors and PDMRs have subscribed for the following Subscription Shares:

 

Director/PDMR
Position
Amount (£) subscribed for
Number of Subscription Shares subscribed for
Total Ordinary Shares held on Admission
Gareth Edwards
Chairman
9,775
115,000
950,546
James Hickman
Chief Executive Officer
5,100
60,000
333,773
Andrew Richards
Chief Financial Officer
4,930
58,000
58,000
Simon Bullock
Non-Executive Director
4,250
50,000
250,000
Robert O'Brien
Chief Commercial Officer
71,970
846,701
11,299,333
Total
96,025
1,129,701


 

Related party transactions

 

The Director and PDMR subscriptions set out in the table above, which, in aggregate, amount to 1,129,701 Subscription Shares are each related party transactions pursuant to Rule 13 of the AIM Rules for Companies. The independent directors (being John Burns and William Newton) consider, having consulted with Shore Capital, the Company's nominated adviser, that the terms of the Director's and PDMR's subscriptions are fair and reasonable insofar as shareholders are concerned.

 

The person responsible for arranging the release of this Announcement on behalf of the Company is Andrew Richards, Chief Financial Officer of the Company.

 

 

Enquiries 

 

Finseta plc
+44 (0)203 971 4865
James Hickman, Chief Executive Officer
Andrew Richards, Chief Financial Officer
Shore Capital (Nominated Adviser, Joint Broker and Joint Bookrunner)
+44 (0)207 408 4090
Daniel Bush, Tom Knibbs
Allenby Capital Limited (Joint Broker and Joint Bookrunner)
+44 (0)20 3328 5656
Nick Naylor, Vivek Bhardwaj(Corporate Finance)
Jos Pinnington (Sales and Corporate Broking)
Gracechurch Group (Financial PR)
+44 (0)204 582 3500
Harry Chathli, Claire Norbury


 

About Finseta plc

 

Finseta plc (AIM: FIN) is a foreign exchange and payments company offering multi-currency accounts and payment solutions to businesses and individuals. Headquartered in the City of London, Finseta combines a proprietary technology platform with a high level of personalised service to support clients with payments in over 165 countries in 150 currencies. With a track record of over 15 years, Finseta has the expertise, experience and expanding global partner network to be able to execute complex cross-border payments. It is fully regulated, through its wholly-owned subsidiaries, by the Financial Conduct Authority as an Electronic Money Institution; by the Financial Transactions and Reports Analysis Centre of Canada as a Money Services Business; and by the Dubai Financial Services Authority under a Category 3D licence. www.finseta.com

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, provide further detail.

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
1) Gareth Edwards
2) James Hickman
3) Andrew Richards
4) Simon Bullock
5) Robert O'Brien
2
Reason for the notification
a)
Position/status
1) Chairman
2) Chief Executive Officer
3) Chief Financial Officer
4) Non-Executive Director
5) Chief Commercial Officer
b)
Initial notification/amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Finseta plc
b)
LEI
213800O4IL2RXZ2BZ956
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
Ordinary shares of 1 penny each
Identification code
GB00BNG7CD28
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1)
8.5 pence
115,000
2)
8.5 pence
60,000
3)
8.5 pence
58,000
4)
8.5 pence
50,000
5)
8.5 pence
846,701
d)
Aggregated information
- Aggregated volume
N/A - single transaction
- Price
e)
Date of the transaction
14 April 2026
f)
Place of the transaction
London Stock Exchange, AIM

 

 

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