RNS Number : 4351D
Fintel PLC
03 April 2025
 

3 April 2025

 

Fintel plc

(the "Company" or "Fintel")

Director / PDMR Dealing

 

Fintel plc, a leading independent provider of fintech and support services to the UK's retail financial services sector, is pleased to announce that the Company has been notified that certain directors of the Company (the "Directors") and/or persons closely associated with the Directors have purchased in aggregate 283,574 ordinary shares of 1 pence each in the Company ("Shares") as listed below.

Following these purchases, the resulting interests of each of the Directors in the Shares of the Company are as listed below.

 

Name

Shares in Fintel before purchase

Shares in Fintel purchased

Resulting number of Shares held

 

% of total shares in issue

Neil Stevens
(Joint CEO)1

2,775,000

130,000

2,905,000

2.79%

David Thompson (CFO)2

81,868

8,329

90,197

0.09%

Phil Smith
(Non-Executive Chairman)

99,867

45,245

145,112

0.14%

Ken Davy
(Non-Executive Director)3

24,731,476

100,000

24,831,476

23.83%

 

1The acquisition of Shares by Neil Stevens includes an aggregate 94,000 Shares acquired by a person closely associated with him. Further details are provided below in the disclosure tables.

2The acquisition of Shares by David Thompson consists solely of Shares acquired by persons closely associated with him. Further details are provided below in the disclosure tables.

3The Shares held by Ken Davy prior to the acquisition of Shares includes Shares held in trusts where Ken Davy is a trustee and Shares held indirectly through Huddersfield Giants Limited.

 

 

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

Neil Stevens

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 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

(a)   Price: £2.3108

Volume: 10,000

(b)   Price: £2.3166

Volume: 11,000

(c)   Price: £2.3492

Volume: 9,000

(d)   Price: £2.3460

Volume: 6,000

 

d)

Aggregated information

Price: £2.328

Volume: 36,000

e)

Date of transaction

1 April 2025

f)

Place of transaction

London Stock Exchange, AIM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Gemma Stevens

2

Reason for the notification

a)

Position/status

PDMR Spouse (PCA to Neil Stevens, Joint Chief Executive Officer)

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 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

(a)   Price: £2.36125

Volume: 20,000

(b)   Price: £2.357

Volume: 10,000

(c)   Price: £2.36

Volume: 10,000

(d)   Price: £2.387

Volume: 10,000

(e)   Price: £2.3536

Volume: 13,500

(f)    Price: £2.382

Volume: 9,000

(g)   Price: £2.3947

Volume: 11,500

(h)   Price: £2.3925

Volume: 10,000

d)

Aggregated information

Price: £2.37

Volume: 94,000

e)

Date of transaction

1 April 2025

f)

Place of transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Thompson

2

Reason for the notification

a)

Position/status

PDMR Child (PCA to David Thompson, Chief Financial Officer)

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 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

Price: £2.4019

Volume: 1,663

d)

Aggregated information

Price: £2.4019

Volume: 1,663

e)

Date of transaction

1 April 2025

f)

Place of transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Sophie Thompson

2

Reason for the notification

a)

Position/status

PDMR Child (PCA to David Thompson, Chief Financial Officer)

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 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

Price: £2.40

Volume: 3,333

d)

Aggregated information

Price(s): £2.40

Volume(s): 3,333

e)

Date of transaction

1 April 2025

f)

Place of transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Louise Thompson

2

Reason for the notification

a)

Position/status

PDMR Child (PCA to David Thompson, Chief Financial Officer)

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 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

Price: £2.401

Volume: 3,333

d)

Aggregated information

Price(s): £2.401

Volume(s): 3,333

e)

Date of transaction

1 April 2025

f)

Place of transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Phillip Smith

2

Reason for the notification

a)

Position/status

Non-Executive Chairman (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 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

Price: £2.21

Volume: 45,245

 

d)

Aggregated information

Price: £2.21

Volume: 45,245

e)

Date of transaction

31 March 2025

f)

Place of transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kenneth Davy

2

Reason for the notification

a)

Position/status

Non-Executive Director (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 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

Price: £2.274638

Volume: 100,000

d)

Aggregated information

Price: £2.274638

Volume: 100,000

e)

Date of transaction

2 April 2025

f)

Place of transaction

London Stock Exchange, AIM

 

 

 

For further information please contact:

Fintel plc

Matt Timmins (Joint Chief Executive Officer)

Neil Stevens (Joint Chief Executive Officer)

David Thompson (Chief Financial Officer)

 

via MHP Group

Zeus (Nominated Adviser and Joint Broker)

Martin Green

Dan Bate

 

+44 (0) 20 3829 5000

Investec Bank (Joint Broker)

David Anderson

Kamalini Hull

 

+44 (0) 20 7597 5970

MHP Group (Financial PR)

Reg Hoare

Veronica Frah

Lexi Iles

 

+44 (0) 7710 117 517

Fintel@mhpgroup.com

 

Notes to Editors

Fintel is a UK fintech and support services business, combining award-winning intermediary business support services, and leading research, ratings and fintech businesses.

 

Fintel provides technology, compliance and regulatory support to thousands of intermediary firms, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions. We serve our customers through three core divisions:

 

The Intermediary Services division provides technology, compliance, and regulatory support to thousands of intermediary businesses through a comprehensive membership model. Members include directly authorised IFAs, Wealth Managers and Mortgage Brokers.

 

The Distribution Channels division delivers market Insight and analysis and targeted distribution strategies to financial institutions and product providers. Clients include major Life and Pension companies, Investment Houses, Banks, and Building Societies.

 

The Fintech and Research division (Defaqto) provides market leading software, financial information and product research to product providers and intermediaries. Defaqto also provides product ratings (Star Ratings) on thousands of financial products. Financial products are expertly reviewed by the Defaqto research team and are compared and rated based on their underlying features and benefits. Defaqto ratings help consumers compare and buy financial products with confidence.

 

For more information about Fintel, please visit the website: www.wearefintel.com

 

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