Director/PDMR Shareholding
RNS Number : 0774G
Finseta PLC
24 April 2025
24 April 2025
Finseta plc
("Finseta", "the Company" or "the Group")
Director/PDMR Shareholding
Finseta (AIM: FIN), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, announces that it has been informed that Gareth Edwards, Non-Executive Chairman of the Company, yesterday transferred 13,500 ordinary shares of 1 penny each in the Company ("Ordinary Shares") from his personal holding into his SIPP. This transfer was effected by way of the sale of 13,500 Ordinary Shares at a price of 32 pence per Ordinary Share followed by the immediate purchase of 13,500 Ordinary Shares by his SIPP at a price of 32 pence per Ordinary Share.
Following these transactions, Gareth Edwards' interest in the Company's Ordinary Shares remains unchanged at 790,846 Ordinary Shares, representing approximately 1.4 per cent of the Company's total voting rights.
The notification 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, provides further detail.
Enquiries
| Finseta plc | +44 (0)203 971 4865 |
| James Hickman, Chief Executive Officer Judy Happe, Chief Financial Officer | |
| Shore Capital (Nominated Adviser andBroker) | +44 (0)207 408 4090 |
| Daniel Bush, Tom Knibbs (Corporate Advisory) Guy Wiehahn (Corporate Broking) | |
| Gracechurch Group (Financial PR) | +44 (0)204 582 3500 |
| Harry Chathli, Claire Norbury, Henry Gamble |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Gareth Edwards | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Non-Executive Chairman | |||
| 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 | 1. Sale of Ordinary Shares out of Mr Edwards' personal holding 2. Purchase of Ordinary Shares into Mr Edwards' SIPP | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| 1. 32 pence (sale) | 13,500 | ||||
| 2. 32 pence (repurchase) | 13,500 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A | ||||
| - Price | |||||
| e) | Date of the transaction | 23 April 2025 | |||
| f) | Place of the transaction | London Stock Exchange, AIM | |||