Director/PDMR Shareholding
PayPoint Plc announced that Nicholas Wiles, the Chief Executive Officer, had a conditional share award granted on 13 August 2021 vest on 13 August 2026 under the Restricted Share Plan. The award comprised 13,966 shares, with 4,476 dividend equivalent shares accrued, resulting in a gross vested amount of 18,442 shares. Of these, 8,667 shares were cash settled at £6.0350 per share to cover taxes, leaving a net vested amount of 9,775 shares, none of which were sold.
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The Company announces that, in accordance with the rules of the PayPoint Restricted Share Plan (“RSP”), the final tranche of the conditional share award granted on 13 August 2021 to Nicholas Wiles vested on 13 August 2026 having achieved the required performance conditions.
| PDMR | Number of shares granted | Dividend equivalent shares accrued | Gross number of shares vested | Number of shares cash settled to cover taxes due 1 | Net Vested shares 2 | Number of shares sold |
|---|---|---|---|---|---|---|
| Nicholas Wiles | 13,966 | 4,476 | 18,442 | 8,667 | 9,775 | 0 |
1 Shares were cash settled to cover income tax and national insurance contributions due on vesting. The share price on release was £6.0350 per share.
2 Satisfied from the PayPoint Employee’s Share Trust.
The Notification of Dealing Form can be found below.
PayPoint Plc
Sophie Line, on behalf of Indigo Corporate Secretary Limited, Company Secretary
Steve O'Neill, Chief Marketing and Corporate Affairs Officer
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Nicholas Wiles | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer | |
| b) | Initial notification/Amendment | Initial notification | |
| a) | Name | PayPoint Plc | |
| b) | LEI | 5493004YKWI8U0GDD138 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 0.3611 pence each ISIN: GB00BVMTNR93 | |
| b) | Nature of the transaction | Vesting of awards under the Company’s Restricted Share Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £6.035 | 18,442 | ||
| 18,442 | £6.035 | £111,297.47 | |
| e) | Date of the transaction | 13 August 2026 | |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.