REG - Fintel PLC - Director / PDMR Dealing
22/03/2023 07:15
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RNS Number : 7834T Fintel PLC 22 March 2023
22 March 2023
Fintel plc
(the "Company" or "Fintel")
Director / PDMR Dealing
Fintel plc, the leading independent provider of fintech and support services
to the UK's retail financial services sector, is pleased to announce that it
has been notified that certain directors of the Company (the "Directors") and
persons closely associated to the Directors, have purchased, in aggregate,
190,243 ordinary shares in the Company as listed below.
Following this transaction, the Directors have a resulting interest in the
ordinary shares of the Company as listed below.
Name Shares in Fintel before purchase Shares in Fintel purchased Shares in Fintel held after purchase % total shares in issue
Matt Timmins (1,2) 3,835,000 76,079 3,911,079 3.78%
(Joint CEO)
Neil Stevens 3,800,000 25,000 3,825,000 3.70%
(Joint CEO)
Phil Smith - 81,214 81,214 0.08%
(Non-Executive Director)
Tim Clarke 17,202 7,950 25,152 0.02%
(Non-Executive Director)
(1) The acquisition of shares by Matt Timmins includes an aggregate 9,740
shares acquired by close relatives. Further details are provided in the below
disclosure tables.
(2) Matt Timmins' shareholding in Fintel following the transaction includes an
aggregate 11,740 shares held by close relatives.
The notifications below, are made in accordance with the requirements of the
EU Market Abuse Regulation, provides further detail.
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 Matt Timmins
2 Reason for the notification
a) Position/status Joint Chief Executive Officer (PDMR)
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Fintel plc
b) LEI 213800DXP1VY21GCTH04
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 p each
Identification Code
ISIN: GB00BG1THS43
b) Nature of the transaction Purchase of ordinary shares of 1p each
c) Price(s) and volume(s) a) Price(s): 194.0 p
Volume(s) 19,587
b) Price(s): 194.0 p
Volume(s) 2,938
c) Price(s): 194.0 p
Volume(s) 43,814
d) Aggregated information Price(s): 194.0 p
Volume(s) 66,339
e) Date of transaction 21 March 2023
f) Place of transaction London stock Exchange, AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Neil Stevens
2 Reason for the notification
a) Position/status Joint Chief Executive Officer (PDMR)
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Fintel plc
b) LEI 213800DXP1VY21GCTH04
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 p each
Identification Code
ISIN: GB00BG1THS43
b) Nature of the transaction Purchase of ordinary shares of 1p each
c) Price(s) and volume(s) Price(s): 190.7 p
Volume(s) 25,000
d) Aggregated information N/a - single transaction
e) Date of transaction 21 March 2023
f) Place of transaction London stock Exchange, AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Phil Smith
2 Reason for the notification
a) Position/status Non-Executive Director (PDMR)
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Fintel plc
b) LEI 213800DXP1VY21GCTH04
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 p each
Identification Code
ISIN: GB00BG1THS43
b) Nature of the transaction Purchase of ordinary shares of 1p each
c) Price(s) and volume(s) Price(s): 197.0 p
Volume(s) 81,214
d) Aggregated information N/a - single transaction
e) Date of transaction 21 March 2023
f) Place of transaction London stock Exchange, AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Tim Clarke
2 Reason for the notification
a) Position/status Non-Executive Director (PDMR)
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Fintel plc
b) LEI 213800DXP1VY21GCTH04
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 p each
Identification Code
ISIN: GB00BG1THS43
b) Nature of the transaction Purchase of ordinary shares of 1p each
c) Price(s) and volume(s) Price(s): 188.6 p
Volume(s) 7,950
d) Aggregated information N/a - single transaction
e) Date of transaction 21 March 2023
f) Place of transaction London stock Exchange, AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name a) Natalie Timmins
b) Austin Timmins
c) Etta Timmins
d) Savannah Timmins
2 Reason for the notification
a) Position/status a) PDMR Spouse (PCA to Matt Timmins)
b) PDMR Child (PCA to Matt Timmins)
c) PDMR Child (PCA to Matt Timmins)
d) PDMR Child (PCA to Matt Timmins)
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Fintel plc
b) LEI 213800DXP1VY21GCTH04
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 p each
Identification Code
ISIN: GB00BG1THS43
b) Nature of the transaction Purchase of ordinary shares of 1p each
c) Price(s) and volume(s) a) Price(s): 194.0 p
Volume(s) 3,092
b) Price(s): 194.0 p
Volume(s) 2,164
c) Price(s): 194.0 p
Volume(s) 1,649
d) Price(s): 194.0 p
Volume(s) 2,835
d) Aggregated information Aggregated dealings for Persons closely associated to Matt Timmins:
Price(s): 194.0 p
Volume(s) 9,740
e) Date of transaction 21 March 2023
f) Place of transaction London stock Exchange, AIM
For further information please contact:
Fintel plc via MHP Group
Matt Timmins (Joint Chief Executive Officer)
Neil Stevens (Joint Chief Executive Officer)
David Thompson (Chief Financial Officer)
Zeus (Nominated Adviser and Joint Broker) +44 (0) 20 3829 5000
Martin Green
Dan Bate
Investec Bank (Joint Broker) +44 (0) 20 7597 5970
Bruce Garrow
David Anderson
Harry Hargreaves
MHP Group (Financial PR) +44 (0) 20 3128 8147
Reg Hoare Fintel@mhpgroup.com (mailto:Fintel@mhpgroup.com)
Robert Collett-Creedy
Notes to Editors
Fintel is the UK's leading fintech and support services business, combining
the largest provider of intermediary business support, SimplyBiz, and the
leading research, ratings and Fintech business, Defaqto.
Fintel provides technology, compliance and regulatory support to thousands of
intermediary businesses, data and targeted distribution services to hundreds
of product providers and empowers millions of consumers to make better
informed financial decisions. We serve our customers through three core
divisions:
The Intermediary Services division provides technology, compliance, and
regulatory support to thousands of intermediary businesses through a
comprehensive membership model. Members include directly authorised IFAs,
Wealth Managers and Mortgage Brokers.
The Distribution Channels division delivers market Insight and analysis and
targeted distribution strategies to financial institutions and product
providers. Clients include major Life and Pension companies, Investment
Houses, Banks, and Building Societies.
The Fintech and Research division (Defaqto) provides market leading software,
financial information and product research to product providers and
intermediaries. Defaqto also provides product ratings (Star Ratings) on
thousands of financial products. Financial products are expertly reviewed by
the Defaqto research team and are compared and rated based on their underlying
features and benefits. Defaqto ratings help consumers compare and buy
financial products with confidence.
For more information about Fintel, please visit the website:
www.wearefintel.com (http://www.wearefintel.com)
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