REG - Finseta PLC - Director/PDMR Shareholding

FinsetaAnnouncement

23/09/2024 13:15

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RNS Number : 2768F  Finseta PLC  23 September 2024

23 September 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 that Gareth Edwards,
Non-Executive Chairman of the Company, has today transferred 52,450 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 52,450
Ordinary Shares at a price of 38.05 pence per Ordinary Share followed by the
immediate purchase of 52,450 Ordinary Shares by his SIPP at a price of 38.00
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 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, 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 140 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                                    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.    38.05 pence     52,450
                                                                                       2.    38.00 pence     52,450

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      23 September 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

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