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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
    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  
1Details of the person discharging managerial responsibilities/person closely associated
a)NameGareth Edwards
2Reason for the notification
a)Position/statusNon-Executive Chairman
b)Initial notification/amendmentInitial Notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameFinseta plc
b)LEI213800O4IL2RXZ2BZ956
4Details 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 instrumentOrdinary shares of 1 penny each
Identification codeGB00BNG7CD28
b)Nature of the transaction1. 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 volumeN/A
- Price
e)Date of the transaction23 April 2025
f)Place of the transactionLondon Stock Exchange, AIM
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