Director/PDMR Shareholding
05/08/2024 13:54
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5 August 2024
PayPoint plc (the "Company")
Notification of transaction by Person Discharging Managerial Responsibility
(“PDMR”)
Grant of Award
On 2 August 2024, Nick Wiles, an Executive Director of the Company, was
granted a one-off conditional LTIP award under the PayPoint Executive Share
Plan (“ESP”).
The number of shares subject to the award is 109,375 ordinary shares of 1/3
pence each in the Company. The number of shares under award was calculated
based on a price of £6.975 per share, being the closing mid-market price on
the dealing day preceding the date of grant.
The release of the award is dependent upon continuous employment to the
vesting date and satisfaction of targets based on underlying EBITDA
performance in respect of the financial year of the Company ending 31 March
2027. Further details of the performance condition are outlined in the
Directors’ Remuneration Report of the PayPoint plc Annual Report and
Financial Statements 2024.
The award may vest (subject to the conditions outlined above) after 3 years
from the date of grant, on 2 August 2027, and the participant is subject to a
2-year holding period post-vesting.
The Notification of Dealing Form can be found below. This announcement is
made in accordance with Article 19 of the UK Market Abuse Regulation.
Enquiries:
PayPoint Plc
Julia Herd, on behalf of Indigo Corporate Secretary Limited, Company Secretary
+44 (0)7542031173
Steve O'Neill, Chief Marketing and Corporate Affairs Officer
+44 (0)7919488066
LEI: 5493004YKWI8U0GDD138
http://corporate.paypoint.com/
1. Details of the person discharging managerial responsibilities/person closely associated
a) Name Nick Wiles
2. Reason for the notification
a) Position/status PDMR
b) Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name PayPoint Plc
b) LEI 5493004YKWI8U0GDD138
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 1/3 pence ISIN: GB00B02QND93
b) Nature of the transaction Grant of a conditional right to acquire Ordinary shares under the PayPoint Executive Share Plan.
c) Price(s) and volume(s) Price Volume(s)
£Nil 109,375
d) Aggregated information - Aggregated volume - Aggregated Price 109,375 £Nil
e) Date of the transaction 2 August 2024
f) Place of the transaction Outside of a trading venue