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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 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 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
(https://url.avanan.click/v2/___http:/www.finseta.com___.YXAxZTpzaG9yZWNhcDphOm86NDc0NTc2YjE2ZDdhNTM1OWMyYjdjY2QzMzdkODk4NWI6NjowZmM5OjM5NGRhN2Y3N2Q2YzQ0ZmYxNTdlOWY5N2U5Y2UxNDg4NTFmMzY0MzM2Zjc2YzE3NTdjNTZjYTE0MTRkMWU3OWM6cDpUOk4)
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
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