PAYPOINT PLC

Director's Dealing • Jun 5, 2019

National Storage Mechanism | Additional information

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5 June 2019

PayPoint plc (the ‘Company’)

NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDING

PAYPOINT PLC LONG-TERM INCENTIVE PLAN (‘LTIP’)

2016 LTIP AWARDS - VESTING

The Company announces that on 4 June 2019, in accordance with the rules of the PayPoint plc Long-Term Incentive Plan, LTIP Awards granted in 2016 vested and ordinary shares in the Company were released to the Persons Discharging Managerial Responsibility (‘PDMRs’) as listed below.

The release of LTIP awards is dependent upon the Total Shareholder Return performance of the Company relative to its comparator group measured over a three year period from the date of grant. The level of vesting for awards granted in 2016 was 100%.

The midmarket value of the ordinary shares in the Company on the date of release was £10.70 per share.

PDMRs	Awards granted	Awards vested	Awards deducted in lieu of tax and NI*	Balance of ordinary shares released
Tim Watkin-Rees	43,310	43,310	20,356	22,954
Jon Marchant	11,170	11,170	5,250	5,920
Susan Court	9,042	9,042	4,250	4,792
Katy Wilde	7,287	7,287	3,425	3,862
Lewis Alcraft	19,148	19,148	9,000	10,148

* Tax and National Insurance liability will be satisfied by the Company in cash

This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

1.	Details of PDMR / person closely associated with them (‘PCA’)
a)	Name	Tim Watkin-Rees
2.	Reason for the notification
b)	Position / status	Founder
c)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	PayPoint plc
b)	LEI code	5493004YKWI8U0GDD138
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   Identification code	Ordinary shares of 1/3p each   GB00B02QND93
b)	Nature of the transaction	Shares acquired pursuant to the vesting of shares under the PayPoint plc Long-Term Incentive Plan, following adjustments for tax.  The midmarket value of the shares in the Company on the date of release was £10.70 per share.
c)	Price(s) and volume(s)	Price(s)   Volumes Nil consideration    22,954
d)	Aggregated information   - Aggregated volume   - Price   - Total	22,954 Nil consideration.  Market value £10.70 Market value £245,607.80
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR / person closely associated with them (‘PCA’)
a)	Name	Jon Marchant
2.	Reason for the notification
b)	Position / status	Chief Information Officer
c)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	PayPoint plc
b)	LEI code	5493004YKWI8U0GDD138
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   Identification code	Ordinary shares of 1/3p each   GB00B02QND93
b)	Nature of the transaction	Shares acquired pursuant to the vesting of shares under the PayPoint plc Long-Term Incentive Plan, following adjustments for tax.  The midmarket value of the shares in the Company on the date of release was £10.70 per share.
c)	Price(s) and volume(s)	Price(s)   Volumes Nil consideration  5,920
d)	Aggregated information   - Aggregated volume   - Price   - Total	5,920 Nil consideration.  Market value £10.70 Market value £63,344.00
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR / person closely associated with them (‘PCA’)
a)	Name	Susan Court
2.	Reason for the notification
b)	Position / status	Head of Legal and Company Secretary
c)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	PayPoint plc
b)	LEI code	5493004YKWI8U0GDD138
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   Identification code	Ordinary shares of 1/3p each   GB00B02QND93
b)	Nature of the transaction	Shares acquired pursuant to the vesting of shares under the PayPoint plc Long-Term Incentive Plan, following adjustments for tax. The midmarket value of the shares in the Company on the date of release was £10.70 per share.
c)	Price(s) and volume(s)	Price(s)   Volumes Nil consideration   4,792
d)	Aggregated information   - Aggregated volume   - Price   - Total	4,792 Nil consideration.  Market value £10.70 Market value £51,274.40
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR / person closely associated with them (‘PCA’)
a)	Name	Katy Wilde
2.	Reason for the notification
b)	Position / status	HR Director
c)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	PayPoint plc
b)	LEI code	5493004YKWI8U0GDD138
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   Identification code	Ordinary shares of 1/3p each   GB00B02QND93
b)	Nature of the transaction	Shares acquired pursuant to the vesting of shares under the PayPoint plc Long-Term Incentive Plan, following adjustments for tax. The midmarket value of the shares in the Company on the date of release was £10.70 per share.
c)	Price(s) and volume(s)	Price(s)   Volumes Nil consideration    3,862
d)	Aggregated information   - Aggregated volume   - Price   - Total	3,862 Nil consideration.  Market value £10.70 Market value £41,323.40
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR / person closely associated with them (‘PCA’)
a)	Name	Lewis Alcraft
2.	Reason for the notification
b)	Position / status	Chief Commercial Officer
c)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	PayPoint plc
b)	LEI code	5493004YKWI8U0GDD138
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   Identification code	Ordinary shares of 1/3p each   GB00B02QND93
b)	Nature of the transaction	Shares acquired pursuant to the vesting of shares under the PayPoint plc Long-Term Incentive Plan, following adjustments for tax.  The midmarket value of the shares in the Company on the date of release was £10.70 per share.
c)	Price(s) and volume(s)	Price(s)   Volumes Nil consideration    10,148
d)	Aggregated information   - Aggregated volume   - Price   - Total	10,148 Nil consideration.  Market value £10.70 Market value £108,583.60
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	Outside a trading venue

Enquiries:

Susan Court

Company Secretary

PayPoint plc

Tel: +44 (0)1707 600316