Director/PDMR Shareholding
CAB Payments Holdings plc announced on March 24, 2026, that several persons discharging managerial responsibilities were granted Performance Share Awards under the Long Term Incentive Plan on March 20, 2026. These awards, which are conditional on achieving specific EPS, cost-income ratio, and Adjusted EBITDA targets, were granted at nil consideration and require a further two-year holding period after vesting. The recipients and their respective maximum share awards are Neeraj Kapur (149,216), James Hopkinson (29,473), David Bee (44,684), Clare Davies (26,394), Stuart Houlston (34,754), Simon Ramage (29,789), and Matthew Talty (37,237).
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The Company announces that on 20 March 2026 the following directors / persons discharging managerial responsibility ('PDMR') were granted a Performance Share Award (the 'Award') under the Company's Long Term Incentive Plan (the 'LTIP').
| Name of eligible employee | Maximum number of Shares subject to the Award* |
|---|---|
| Neeraj Kapur | 149,216 |
| James Hopkinson | 29,473 |
| David Bee | 44,684 |
| Clare Davies | 26,394 |
| Stuart Houlston | 34,754 |
| Simon Ramage | 29,789 |
| Matthew Talty | 37,237 |
Vesting of the above LTIP awards is conditional on the achievement of stretching adjusted Earnings Per Share (EPS) targets (for 60% of the award), cost-income ratio targets (for 20% of the award) and Adjusted EBITDA per average FTE (for 20% of the award). No consideration was paid for the grant of each award and no price is payable on vesting. Shares from vested awards are required to be held for a further two years.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Neeraj Kapur | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | CAB Payments Holdings plc | |
| b) | LEI | 8945007OZHZDN4LW1G21 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.033⅓ pence each GB00BMCYKB41 | |
| b) | Nature of the transaction | Award of bonus shares subject to 3-year holding period | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 149,216 |
| d) | Aggregated information - Aggregated volume - Price | 149,216 ordinary shares Nil | |
| e) | Date of the transaction | 20 March 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | James Hopkinson | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | CAB Payments Holdings plc | |
| b) | LEI | 8945007OZHZDN4LW1G21 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.033⅓ pence each GB00BMCYKB41 | |
| b) | Nature of the transaction | Award of bonus shares subject to 3-year holding period | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 29,473 |
| d) | Aggregated information - Aggregated volume - Price | 29,473 ordinary shares Nil | |
| e) | Date of the transaction | 20 March 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | David Bee | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Commercial Officer | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | CAB Payments Holdings plc | |
| b) | LEI | 8945007OZHZDN4LW1G21 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.033⅓ pence each GB00BMCYKB41 | |
| b) | Nature of the transaction | Award of bonus shares subject to 3-year holding period | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 44,684 |
| d) | Aggregated information - Aggregated volume - Price | 44,684 ordinary shares Nil | |
| e) | Date of the transaction | 20 March 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Clare Davies | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Risk Officer | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | CAB Payments Holdings plc | |
| b) | LEI | 8945007OZHZDN4LW1G21 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.033⅓ pence each GB00BMCYKB41 | |
| b) | Nature of the transaction | Award of bonus shares subject to 3-year holding period | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 26,394 |
| d) | Aggregated information - Aggregated volume - Price | 26,394 ordinary shares Nil | |
| e) | Date of the transaction | 20 March 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Stuart Houlston | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Operating Officer | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | CAB Payments Holdings plc | |
| b) | LEI | 8945007OZHZDN4LW1G21 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.033⅓ pence each GB00BMCYKB41 | |
| b) | Nature of the transaction | Award of bonus shares subject to 3-year holding period | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 34,754 |
| d) | Aggregated information - Aggregated volume - Price | 34,754 ordinary shares Nil | |
| e) | Date of the transaction | 20 March 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Simon Ramage | |
| 2 | Reason for the notification | ||
| a) | Position/status | General Counsel | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | CAB Payments Holdings plc | |
| b) | LEI | 8945007OZHZDN4LW1G21 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.033⅓ pence each GB00BMCYKB41 | |
| b) | Nature of the transaction | Award of bonus shares subject to 3-year holding period | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 29,789 |
| d) | Aggregated information - Aggregated volume - Price | 29,789 ordinary shares Nil | |
| e) | Date of the transaction | 20 March 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Matthew Talty | |
| 2 | Reason for the notification | ||
| a) | Position/status | Head of Banking | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | CAB Payments Holdings plc | |
| b) | LEI | 8945007OZHZDN4LW1G21 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.033⅓ pence each GB00BMCYKB41 | |
| b) | Nature of the transaction | Award of bonus shares subject to 3-year holding period | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 37,237 |
| d) | Aggregated information - Aggregated volume - Price | 37,237 ordinary shares Nil | |
| e) | Date of the transaction | 20 March 2026 | |
| f) | Place of the transaction | Outside a trading venue |
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