8th Jun 2020 11:26
Director/PDMR Shareholding8 June 2020
PAYPOINT PLC (THE ‘COMPANY’)
NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDINGS
PAYPOINT PLC DEFERRED BONUS PLAN
The Company announces that, in accordance with the rules of the PayPoint plc Deferred Bonus Plan, following the completion of the three-year holding period, nil cost share options granted on 5 June 2017 were automatically exercised on 5 June 2020 by participants who have remained in the employment of the Company for the duration of the deferral period. Accordingly, the Persons Discharging Managerial Responsibility (‘PDMRs’) listed below have become the legal and beneficial owners of ordinary shares of the Company (‘shares’) as detailed below.
The midmarket value of the shares on the dealing day prior to the date of exercise was 762p per share.
| PDMRs | Awards granted | Dividend awards accrued during deferral period | Total awards exercised | Number of shares sold to cover tax and NI | Balance of shares retained |
| Tim Watkin-Rees | 6,044 | 1,974 | 8,018 | 3,782 | 4,236 |
| Rachel Kentleton | 1,378 | 450 | 1,828 | 864 | 964 |
| Jon Marchant | 2,292 | 748 | 3,040 | 2,237 | 803 |
| Katy Wilde | 1,495 | 488 | 1,983 | 936 | 1,047 |
| Lewis Alcraft | 1,964 | 641 | 2,605 | 1,229 | 1,376 |
| Mugur Dogariu | 1,387 | 453 | 1,840 | n/a* | 1,840 |
* not subject to UK tax and NI
Enquiries:
PayPoint plc Sarah Carne, Company Secretary +44(0)1707 600300
LEI: 5493004YKWI8U0GDD138
Related Shares:
Paypoint