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REG - Finseta PLC - Director/PDMR Shareholding

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RNS Number : 3807W  Finseta PLC  15 July 2024

15 July 2024

 

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 of the following
transactions in the ordinary shares of 1 penny each in the Company ("Ordinary
Shares"):

-      On 11 July 2024, Gareth Edwards, Non-Executive Chairman of the
Company, purchased 65,000 Ordinary Shares into a SIPP in his name at a price
of 38.5p per Ordinary Share. Following this purchase, Gareth holds an interest
in 790,846 Ordinary Shares, representing approximately 1.4 per cent of the
Company's total voting rights.

-      On 11 July 2024, Simon Bullock, Non-Executive Director of the
Company, purchased 25,000 Ordinary Shares at a price of 38.5p per Ordinary
Share. Following this purchase, Simon holds an interest in 125,000 Ordinary
Shares, representing approximately 0.2 per cent of the Company's total voting
rights.

-      On 11 July 2024 and 12 July 2024, Bill Newton, Chief Information
Officer of the Company, sold in aggregate 338,000 Ordinary Shares at an
average price of 38.68p per Ordinary Share. Following this sale, Bill and his
closely associated persons hold an interest in 2,192,787 Ordinary Shares,
representing approximately 3.8 per cent of the Company's total voting rights.

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.

Enquiries

 

 Finseta plc                                     +44 (0)203 971 4865
 James Hickman, Chief Executive Officer

 Judy Happe, Chief Financial Officer

 Shore Capital (Nominated Adviser and Broker)    +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

 

 

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 150 countries in 58 currencies. With a track record of over
12 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 and by the Financial Transactions
and Reports Analysis Centre of Canada as a Money Services Business.
www.finseta.com
(https://url.avanan.click/v2/___http:/www.finseta.com___.YXAxZTpzaG9yZWNhcDphOm86NDc0NTc2YjE2ZDdhNTM1OWMyYjdjY2QzMzdkODk4NWI6NjowZmM5OjM5NGRhN2Y3N2Q2YzQ0ZmYxNTdlOWY5N2U5Y2UxNDg4NTFmMzY0MzM2Zjc2YzE3NTdjNTZjYTE0MTRkMWU3OWM6cDpUOk4)

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

  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                                    Purchase of ordinary shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     38.5 pence        65,000

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transaction

      - Price                                                      N/A - single transaction

 e)   Date of the transaction                                      11 July 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

  1   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Simon Bullock

 2    Reason for the notification

 a)   Position/status                                              Non-Executive Director

 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)
                                                                                     38.5 pence        25,000

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transaction

      - Price                                                      N/A - single transaction

 e)   Date of the transaction                                      11 July 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

  1   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Bill Newton

 2    Reason for the notification

 a)   Position/status                                              Chief Information Officer and Executive Director

 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                                    Sale of ordinary shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     38.5 pence        100,000

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transaction

      - Price                                                      N/A - single transaction

 e)   Date of the transaction                                      11 July 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

  1   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Bill Newton

 2    Reason for the notification

 a)   Position/status                                              Chief Information Officer and Executive Director

 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                                    Sale of ordinary shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     38.75 pence       238,000

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transaction

      - Price                                                      N/A - single transaction

 e)   Date of the transaction                                      12 July 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

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