Non-Standard Fin - Director/PDMR Shareholding

Non-Standard Finance

01/10/2021 16:06

RNS Number : 8027N

Non-Standard Finance PLC

01 October 2021

 

 

Non-Standard Finance plc

(the 'Company' or the 'Group')

 

Purchase of shares in respect of Non-Executive Director fees

Director/PDMR Shareholding

 

1 October 2021

 

In accordance with the Group's Remuneration Policy approved by shareholders on 14 May 2018, the Group announces the purchase by Mr. Charles Gregson, Non-Executive Chairman of the Company, of 191,456 ordinary shares of £0.05 each ('Ordinary Shares') at a price of 4.45p per Ordinary Share and a total cost (excluding dealing costs) of £8,519.79.

 

The Company gave funds to Mr. Gregson to be applied for the immediate purchase of Ordinary Shares by Mr. Gregson to satisfy 50% of the post-tax fees due to be paid to Mr. Gregson by the Company for the period from 1 July 2021 to 30 September 2021. The remaining 50% of fees in relation to that period has been paid in cash. It is expected that future share purchases will be made quarterly, in the same manner, to satisfy 50% of the post-tax fees due to Mr. Gregson for the previous three month-period.

 

As a result of the above transaction, Mr. Gregson has a beneficial interest in 1,593,005 Ordinary Shares, representing 0.5 per cent of the issued share capital of the Company.

 

For more information:

 

Non-Standard Finance plc
Peter Reynolds, Director, IR and Communications

 +44 (0) 20 3869 9026

 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail:

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Charles Gregson
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
Non-Standard Finance plc
b)
LEI
213800DVBNIJ1J2OF119
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
Identification code
Ordinary shares of 5p each in the capital of Non-Standard Finance plc
GB00BRJ6JV17
b)
Nature of the transaction
Purchase of Ordinary Shares by Charles Gregson in respect of 50% of his post-tax director's fees
c)
Price(s) and volume(s)
Price(s)
Volume(s)
4.45 pence
191,456 Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
191,456 Ordinary Shares
4.45 pence
e)
Date of the transaction
1 October 2021
f)
Place of the transaction
London Stock Exchange (XLON)

 

 

 

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