RNS Number : 3744U
Fintel PLC
02 December 2021
 

Fintel plc

(the "Company" or "Fintel")

Issue of Shares and PDMR dealing

 

Fintel plc (AIM: FNTL) announces that it has issued 201,281 ordinary shares of £0.01 each to satisfy certain share entitlements of certain employees who have elected to exercise their options pursuant to the Company's Save As You Earn ("SAYE") employee share scheme.

Application has been made for the 201,281 newly issued shares to be admitted to trading on AIM, and admission is expected to take place on 7 December 2021 ("Admission"). Following Admission, the Company's issued share capital will consist of 102,862,739 ordinary shares. There are no ordinary shares held in treasury. Therefore, following Admission, this figure of 102,862,739 should be used by shareholders as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.  

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

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Fintel plc

b)

LEI

213800DXP1VY21GCTH04

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

 

 

Identification Code

Ordinary shares of 1 pence each

 

 

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Exercise of Options

c)

Price(s) and volume(s)

Price(s)               170p

Volume(s)           10,588

d)

Aggregated information

N/a - single transaction

e)

Date of transaction

1 December 2021

f)

Place of transaction

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Martin Reynolds

2

Reason for the notification

a)

Position/status

CEO Simply Biz Mortgages (PDMR)

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Fintel plc

b)

LEI

213800DXP1VY21GCTH04

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

 

 

Identification Code

Ordinary shares of 1 pence each

 

 

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Exercise of Options

c)

Price(s) and volume(s)

Price(s)               170p

Volume(s)           2,117

d)

Aggregated information

N/a - single transaction

e)

Date of transaction

1 December 2021

f)

Place of transaction

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Vicky Williams

2

Reason for the notification

a)

Position/status

Company Secretary (PDMR)

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Fintel plc

b)

LEI

213800DXP1VY21GCTH04

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

 

 

Identification Code

Ordinary shares of 1 pence each

 

 

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Exercise of Options

c)

Price(s) and volume(s)

Price(s)               170p

Volume(s)           10,588

d)

Aggregated information

N/a - single transaction

e)

Date of transaction

1 December 2021

f)

Place of transaction

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Daniel Russell

2

Reason for the notification

a)

Position/status

Managing Director, Distribution Solutions (PDMR)

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Fintel plc

b)

LEI

213800DXP1VY21GCTH04

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

 

 

Identification Code

Ordinary shares of 1 pence each

 

 

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Exercise of Options and transfer to Spouse (PCA)

c)

Price(s) and volume(s)

Price(s)               170p

Volume(s)           10,588

d)

Aggregated information

N/a - single transaction

e)

Date of transaction

1 December 2021

f)

Place of transaction

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Julia Russell

2

Reason for the notification

a)

Position/status

PDMR Spouse (PCA)

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Fintel plc

b)

LEI

213800DXP1VY21GCTH04

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

 

 

Identification Code

Ordinary shares of 1 pence each

 

 

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Transfer from Spouse (PDMR)

c)

Price(s) and volume(s)

Price(s)               170p

Volume(s)           10,588

d)

Aggregated information

N/a - single transaction

e)

Date of transaction

1 December 2021

f)

Place of transaction

London Stock Exchange, AIM

 

 

For further information please contact:

Fintel plc                                                                                                               via Instinctif Partners

Matt Timmins (Joint Chief Executive Officer)

Neil Stevens (Joint Chief Executive Officer)

 

Zeus Capital (Nominated Adviser and Joint Broker)                                     +44 (0) 20 3829 5000

Martin Green

Dan Bate

Pippa Hamnett

 

Investec Bank (Joint Broker)                                                                             +44 (0) 20 7597 5095

Bruce Garrow

David Anderson

Harry Hargreaves

 

Instinctif Partners (Financial PR)                                                                       +44 (0) 20 7457 2020

Mark Walter                                                                                                         fintel@instinctif.com

Andy Lane 

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