Awards under the LTIP and DBSP
LTIP and DBSP awards granted to COO and CFO with vesting dates in April 2029.
- Matthew White (COO) LTIP award 252,186 shares
- Duncan Magrath (CFO) DBSP award 51,378 shares
- Matthew White (COO) DBSP award 40,543 shares
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Long Term Incentive Plan
Alfa Financial Software Holdings PLC (the "Company") announces that under the Company's 2017 Long Term Incentive Plan ("LTIP"), the following award (the "2026 Award") was granted on 13 April 2026.
| Name | Position | Number of shares subject to award |
|---|---|---|
| Matthew White | Chief Operating Officer | 252,186 |
The vesting date for the 2026 Award is 13 April 2029, being the third anniversary of the award date. The 2026 Award is in the form of a conditional share award and vesting will be in accordance with performance conditions. No consideration is payable for the grant of an Award.
Deferred Bonus Share Plan
The Company announces that under the Company's Deferred Bonus Share Plan ("DBSP"), the following awards (the "DBSP Awards") were awarded on 13 April 2026.
| Name | Position | Number of shares subject to award |
|---|---|---|
| Duncan Magrath | Chief Financial Officer | 51,378 |
| Matthew White | Chief Operating Officer | 40,543 |
The Company's remuneration policy provides that not less than 50% after tax of any annual bonus awarded to Executive Directors shall be deferred into an award of shares under the DBSP. The 2026 DBSP Awards are in the form of net bonus shares, i.e. shares issued to the Executive Directors which are subject to restrictions on transfer and a risk of forfeiture until they are released on 13 April 2029, being the third anniversary of the award date. There are no further performance conditions associated with this award.
Duncan Magrath and Matthew White have informed the Company that they will, with the approval of the Remuneration Committee, transfer 51,378 and 40,543 shares respectively to their spouse for nil consideration.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Matthew White |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Operating Officer |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Alfa Financial Software Holdings plc |
| b) | LEI | 213800C5UOZHUTNUGA28 |
| a) | Description of the financial instrument, type of instrument | Alfa Financial Software Holdings plc Ordinary share of £0.001 each |
| Identification code | GB00BDHXPG30 | |
| b) | Nature of the transaction | Grant of a conditional share award under the 2017 Alfa Financial Software Holdings PLC LTIP |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| nil | 252,186 | |
| d) | Aggregated information | |
| - Aggregated volume | As above | |
| - Price | ||
| e) | Date of the transaction | 13 April 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Duncan Magrath |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Alfa Financial Software Holdings plc |
| b) | LEI | 213800C5UOZHUTNUGA28 |
| a) | Description of the financial instrument, type of instrument | Alfa Financial Software Holdings plc Ordinary share of £0.001 each |
| Identification code | GB00BDHXPG30 | |
| b) | Nature of the transaction | Issue of ordinary shares (net bonus shares) under the Alfa Financial Software Holdings PLC DBSP and transfer to spouse, Nicola Magrath for nil consideration |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| nil | 51,378 | |
| d) | Aggregated information | |
| - Aggregated volume | As above | |
| - Price | ||
| e) | Date of the transaction | 13 April 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Matthew White |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Operating Officer |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Alfa Financial Software Holdings plc |
| b) | LEI | 213800C5UOZHUTNUGA28 |
| a) | Description of the financial instrument, type of instrument | Alfa Financial Software Holdings PLC Ordinary share of £0.001 each |
| Identification code | GB00BDHXPG30 | |
| b) | Nature of the transaction | Issue of ordinary shares (net bonus shares) under the Alfa Financial Software Holdings PLC DBSP and transfer to spouse, Polly White for nil consideration |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| nil | 40,543 | |
| d) | Aggregated information | |
| - Aggregated volume | As above | |
| - Price | ||
| e) | Date of the transaction | 13 April 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Nicola Magrath |
| 2 | Reason for the notification | |
| a) | Position/status | PCA of Duncan Magrath |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Alfa Financial Software Holdings PLC |
| b) | LEI | 213800C5UOZHUTNUGA28 |
| a) | Description of the financial instrument, type of instrument | Alfa Financial Software Holdings PLC Ordinary share of £0.001 each |
| Identification code | GB00BDHXPG30 | |
| b) | Nature of the transaction | Receipt of shares transferred from Duncan Magrath for nil consideration |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| nil | 51,378 | |
| d) | Aggregated information | |
| - Aggregated volume | As above | |
| - Price | ||
| e) | Date of the transaction | 13 April 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Polly White |
| 2 | Reason for the notification | |
| a) | Position/status | PCA of Matthew White |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Alfa Financial Software Holdings PLC |
| b) | LEI | 213800C5UOZHUTNUGA28 |
| a) | Description of the financial instrument, type of instrument | Alfa Financial Software Holdings PLC Ordinary share of £0.001 each |
| Identification code | GB00BDHXPG30 | |
| b) | Nature of the transaction | Receipt of shares transferred from Matthew White for nil consideration |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| nil | 40,543 | |
| d) | Aggregated information | |
| - Aggregated volume | As above | |
| - Price | ||
| e) | Date of the transaction | 13 April 2026 |
| f) | Place of the transaction | Outside of a trading venue |
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