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RNS Number : 9336I Non-Standard Finance PLC 17 December 2020
Non-Standard Finance plc
(the 'Company' or the 'Group')
Purchase of shares in respect of Non-Executive Director fees
Director/PDMR Shareholding
17 December 2020
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 272,600 ordinary shares of £0.05
each ('Ordinary Shares') at a price of 3.13p per Ordinary Share and a total
cost (excluding dealing costs) of £8,532.38.
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 October 2020 to 31
December 2020. 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
1,041,629 Ordinary Shares, representing 0.2 per cent of the issued share
capital of the Company.
For more information:
Non-Standard Finance plc +44 (0) 20 3869 9026
Peter Reynolds, Director, IR and Communications
The notification below, made in accordance with the requirements of the EU
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 Ordinary shares of 5p each in the capital of Non-Standard Finance plc
Identification code 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)
3.13 pence 272,600 Ordinary Shares
d) Aggregated information
- Aggregated volume 272,600 Ordinary Shares
- Price 3.13 pence
e) Date of the transaction 16 December 2020
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
272,600 Ordinary Shares
3.13 pence
e)
Date of the transaction
16 December 2020
f)
Place of the transaction
London Stock Exchange (XLON)
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