REG - Non-Standard Fin - Director/PDMR Shareholding

Non-Standard FinanceAnnouncement

04/04/2023 16:15

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RNS Number : 3685V  Non-Standard Finance PLC  04 April 2023

 

Non-Standard Finance plc

(the 'Company' or the 'Group')

 

Purchase of shares in respect of Non-Executive Director fees

Director/PDMR Shareholding

 

04 April 2023

 

In accordance with the Group's Remuneration Policy approved by shareholders on
17 December 2021, the Group announces the purchase by Mr. Charles Gregson,
Non-Executive Chairman of the Company, of 2,190,000 ordinary shares of £0.05
each ('Ordinary Shares').  This was made up of 1,000,000 at a price of 0.41p
per Ordinary Share on 31 March 2023, and 1,190,000 at a price of 0.44p per
Ordinary Share on 4 April 2023 resulting in a total cost (excluding dealing
costs) of £9,336.00.

 

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 January 2023 to 31
March 2023. 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
8,241,043 Ordinary Shares, representing 2.64 per cent of the issued share
capital of the Company.

 

For more information:

 

 Non-Standard Finance plc                                +44 (0) 7468 530085

 Sarah Day, Chief ESG Director & Company Secretary

 

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  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)

                                                                   0.41 pence  1,000,000 Ordinary Shares

 d)   Aggregated information

      - Aggregated volume                                          1,000,000 Ordinary Shares

      - Price                                                      0.41 pence

 e)   Date of the transaction                                      31 March 2023

 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

1,000,000 Ordinary Shares

 

0.41 pence

e)

 

Date of the transaction

 

 

31 March 2023

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

 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)

                                                                   0.44 pence  1,190,000 Ordinary Shares

 d)   Aggregated information

      - Aggregated volume                                          1,190,000 Ordinary Shares

      - Price                                                      0.44 pence

 e)   Date of the transaction                                      04 April 2023

 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

1,190,000 Ordinary Shares

 

0.44 pence

e)

 

Date of the transaction

 

 

04 April 2023

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

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