Director/PDMR Shareholding
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Fintel (AIM: FNTL), the leading provider of fintech and support services to the UK retail financial services sector, is pleased to announce that it has been notified that certain directors of the Company (the "Directors") and persons closely associated to the Directors, have sold, in aggregate, 500,000 ordinary shares in the Company as listed below.
Following this transaction, the Directors have a resulting interest in the ordinary shares of the Company as listed below.
| Name | Shares in Fintel before sale | Shares in Fintel sold | Shares in Fintel held after sale | % total shares in issue |
|---|---|---|---|---|
| Matt Timmins (Joint CEO) | 3,911,079 | 200,000 | 3,711,079** | 3.57% |
| Neil Stevens (Joint CEO) | 3,825,000 | 300,000 | 3,525,000 | 3.39% |
** Includes shares held by Austin Timmins, a person closely associated to Matt Timmins
The notifications below, are made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Matt Timmins |
| 2 | Reason for the notification | |
| a) | Position/status | Joint Chief Executive Officer (PDMR) |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | Fintel plc |
| b) | LEI | 213800DXP1VY21GCTH04 |
| a) | Description of the financial instrument, type of instrument Identification Code | Ordinary shares of 1 p each ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Sale of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | Price(s): 304.5 p Volume(s) 200,000 |
| d) | Aggregated information | N/a - single transaction |
| e) | Date of transaction | 13 May 2024 |
| f) | Place of transaction | London stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Neil Stevens |
| 2 | Reason for the notification | |
| a) | Position/status | Joint Chief Executive Officer (PDMR) |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | Fintel plc |
| b) | LEI | 213800DXP1VY21GCTH04 |
| a) | Description of the financial instrument, type of instrument Identification Code | Ordinary shares of 1 p each ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Sale of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | Price(s): 304.5 p Volume(s) 300,000 |
| d) | Aggregated information | N/a - single transaction |
| e) | Date of transaction | 13 May 2024 |
| f) | Place of transaction | London stock Exchange, AIM |
| Zeus (Nominated Adviser and Joint Broker) Martin Green Dan Bate | +44 (0) 20 3829 5000 | |
| Investec Bank (Joint Broker) Bruce Garrow David Anderson | +44 (0) 20 7597 5970 | |
| MHP Group (Financial PR) Reg Hoare Robert Collett-Creedy | +44 (0) 20 3128 8147 Fintel@mhpgroup.com |
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