26th Jul 2017 11:00
26 July 2017
VIRGIN MONEY HOLDINGS (UK) PLC (the Company)
ISIN: GB00BQ8P0644
NOTIFICATION OF TRANSACTIONS BY DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
VESTINGS UNDER THE DEFERRED BONUS SHARE PLAN (DBSP) RECRUITMENT AWARDs
On 25 July 2017, a vesting took place under the DBSP in respect of an award made to Peter Bole (a PDMR of the Company) under the terms of his appointment by the Company to compensate for forfeited awards from previous employment.
Following receipt of notification on 25 July 2017, details of the shares that vested and the portion sold to cover tax are included in the detailed disclosures below.
All transactions took place in the UK and the Shares are listed on the London Stock Exchange.
This notification is made in accordance with the Market Abuse Regulation, Article 19(3), further details below.
1. Details of the person discharging managerial responsibilities/person closely associated | ||
Name: | Peter Bole | |
2. Reason for the notification | ||
Position/status | Chief Financial Officer | |
Initial notification/amendments | Initial notification | |
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
Name of legal entity | Virgin Money Holdings (UK) plc | |
Legal Entity Identifier code | 213800TAU9ZX2WZNCO64 | |
4. Details of the transaction(s) | ||
Description of financial instrument, type of instrument | Ordinary shares of 0.01p each | |
Identification code | GB00BQ8P0644 | |
Nature of transaction | Receipt of shares and subsequent sale of shares to cover tax liabilities on vesting of share awards made under the Deferred Bonus Share Plan (DBSP). | |
Currency | GBP | |
Price and volume | 15,810 shares vested. 7,458 shares sold to cover tax at £2.9840 per share. | |
Aggregated information | See above | |
Date of transaction | 25 July 2017 | |
Place of transaction | London Stock Exchange (XLON) | |
Enquiries:
Virgin Money Investor RelationsAdam Key020 7111 1311 or [email protected]
Virgin Money Company SecretaryKatie Marshall0191 279 6482 or [email protected]
Related Shares:
Virgin Money Holdings