DSH-Director/PDMR Shareholding
Funding Circle Holdings plc announced on April 2, 2026, that its Chief Executive Officer, Lisa Jacobs, was awarded 1,219,512 nil cost options under the 2026 Performance Share Plan, and Chief Financial Officer, Tony Nicol, received 653,310 nil cost options. These awards are subject to a three-year performance and vesting period, with vesting contingent on relative Total Shareholder Return against the FTSE250 (excluding Investment Trusts) and Profit Before Tax in 2028, which has a threshold of £35 million and a maximum of £75 million. Following vesting, a two-year holding period will apply.
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Notification of Transactions by Persons Discharging Managerial Responsibility
2026 Performance Share Plan (FC PSP) Awards
The following FC PSP Awards were granted to PDMRs of the Company on 2 April 2026 under the Funding Circle Holdings plc 2018 Long Term Incentive Plan in accordance with the Company’s Remuneration Policy:
| PDMR | Number of shares subject to award |
|---|---|
| Lisa Jacobs (Chief Executive Officer) | 1,219,512 |
| Tony Nicol (Chief Financial Officer) | 653,310 |
The FC PSP Awards were granted in the form of nil cost options over ordinary shares of 0.1 pence each in the Company with a three-year performance and vesting period. The vesting of the awards is subject to the following performance measures and targets:
| Performance measure | Weighting | Threshold vesting (25%) | Maximum vesting (100%) |
|---|---|---|---|
| Relative TSR versus the FTSE250 excluding Investment Trusts | 60% | Median | Upper quartile |
| Profit Before Tax in 2028 (PBT) | 40% | £35m | £75m |
Note: Vesting operates on a straight-line basis between Threshold and Maximum performance.
Following the end of the vesting period, the awards will be subject to a two-year holding period. Further information will be available in the 2025 Annual Report and Accounts in due course at: https://corporate.fundingcircle.com/investors/results-reports-presentations/
The notification below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further detail:
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name: | Lisa Jacobs Tony Nicol |
| 2. | Reason for the notification | |
| a) | Position/status: | (i) Chief Executive Officer (ii) Chief Financial Officer |
| b) | Initial notification/Amendment: | Initial notification |
| a) | Name: | Funding Circle Holdings plc |
| b) | LEI: | 2138003EK6UAINBBUS19 |
| a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of 0.1 pence each GB00BG0TPX62 |
| b) | Nature of the transaction: | Award of the 2026 FC PSP, in the form of nil cost options, under the Funding Circle Holdings plc 2018 Long Term Incentive Plan. |
| c) | Price(s) and volume(s): | Price(s) Volume(s) (i) Nil 1,219,512 (ii) Nil 653,310 |
| d) | Aggregated information: Aggregated volume: Price: | N/A |
| e) | Date of the transaction: | 2 April 2026 |
| f) | Place of the transaction | The London Stock Exchange (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.