PAYPOINT PLC

Remuneration Information • Jun 11, 2019

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11 June 2019

PayPoint plc (the ‘Company’)

NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDING

PAYPOINT PLC DEFERRED BONUS PLAN (‘DBP’)

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

2016 DBP AWARDS

The Company announces that, in accordance with the rules of the PayPoint plc Deferred Bonus Plan,  following the completion of the three year holding period, nil cost share options granted on 7 June 2016 have been automatically exercised on 7 June 2019 by participants who have remained in the employment of the Company for the duration of the deferral period.  Accordingly, the Persons Discharging Managerial Responsibility (‘PDMRs’) listed below have become the legal and beneficial owners of ordinary shares of the Company (‘shares’) as detailed below.

The midmarket value of the shares on the dealing day prior to the date of exercise was £10.50 per share. 

PDMRs	Awards granted	Dividend awards accrued during deferral period	Total awards exercised	Awards deducted in lieu of tax and NI*	Balance of shares released
Tim Watkin-Rees	2,636	650	3,286	1,545	1,741
Jon Marchant	970	239	1,209	569	640
Susan Court	800	197	997	469	528
Katy Wilde	401	98	499	235	264
Lewis Alcraft	450	111	561	264	297
Mugur Dogariu	926	228	1,154	0**	1,154

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

** Self funded

Following the above mentioned exercises, each of the PDMRs listed below sold his/her shares on 10 June 2019 at a price of £10.69395 per share.

PDMRs	Shares sold
Jon Marchant	640
Susan Court	528
Katy Wilde	264
Lewis Alcraft	297

2016 LTIP AWARDS

Further to the regulatory announcement issued on 5 June 2019, regarding the vesting and release of shares awarded in 2016 in accordance with the LTIP plan, the Company announces that the following PDMRs each sold his/her shares on 7 June 2019 at a price of £10.4392 per share.

PDMRs	Shares sold
Jon Marchant	3,872
Susan Court	4,792
Katy Wilde	3,862
Lewis Alcraft	10,148

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 exercise of nil cost share options granted under the PayPoint plc Deferred Bonus Plan on 7 June 2016, following adjustments for tax. The midmarket value of the shares in the Company on the dealing day prior to the date of exercise was £10.50 per share.
c)	Price(s) and volume(s)	Price(s)   Volumes Nil consideration   1,741
d)	Aggregated information   - Aggregated volume   - Price   - Total	1,741 Nil consideration.  Market value £10.50 Market value £18,280.50
e)	Date of the transaction	2019-06-07
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	Sale of shares, following the vesting and acquisition of shares under the PayPoint plc Long-Term Incentive Plan on 4 June 2019. Shares acquired pursuant to the exercise of nil cost share options granted under the PayPoint plc Deferred Bonus Plan on 7 June 2016, following adjustments for tax. The midmarket value of the shares in the Company on the dealing day prior to the date of exercise was £10.50 per share. Sale of shares, following the exercise on 7 June 2019 of nil cost share options granted under the PayPoint plc Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s)   Volumes 10.44    3872 Nil consideration      640 10.69       640
d)	Aggregated information   - Aggregated volume - Price - Total   - Aggregated volume - Price - Total   - Aggregated volume - Price - Total	3,872 £10.44 £40,420.58 640 Nil consideration, Market value £10.50 Market value £6,720.00 640 £10.69 £6,844.13
e)	Date of the transaction	2019-06-07 2019-06-07 2019-06-10
f)	Place of the transaction	London Outside a trading venue London

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	Sale of shares, following the vesting and acquisition of shares under the PayPoint plc Long-Term Incentive Plan on 4 June 2019. Shares acquired pursuant to the exercise of nil cost share options granted under the PayPoint plc Deferred Bonus Plan on 7 June 2016, following adjustments for tax. The midmarket value of the shares in the Company on the dealing day prior to the date of exercise was £10.50 per share. Sale of shares, following the exercise on 7 June 2019 of nil cost share options granted under the PayPoint plc Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s)   Volumes 10.44    4,792 Nil consideration  528 10.69 528
d)	Aggregated information - Aggregated volume - Price - Total   - Aggregated volume - Price - Total   - Aggregated volume - Price - Total	4,792 £10.44 £50,024.65 528 Nil consideration, Market value £10.50 Market value £5,544.00 528 £10.69 £5,646.41
e)	Date of the transaction	2019-06-07 2019-06-07 2019-06-10
f)	Place of the transaction	London Outside a trading venue London

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	Sale of shares, following the vesting and acquisition of shares under the PayPoint plc Long-Term Incentive Plan on 4 June 2019.   Shares acquired pursuant to the exercise of nil cost share options granted under the PayPoint plc Deferred Bonus Plan on 7 June 2016, following adjustments for tax. The midmarket value of the shares in the Company on the dealing day prior to the date of exercise was £10.50 per share. Sale of shares, following the exercise on 7 June 2019 of nil cost share options granted under the PayPoint plc Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s)   Volumes 10.44    3,862 Nil consideration       264 10.69 264
d)	Aggregated information - Aggregated volume - Price - Total   - Aggregated volume - Price - Total   - Aggregated volume - Price - Total	3,862 £10.44 £40,316.19 264 Nil consideration.  Market value £10.50 Market value £2,772.00 264 £10.69 £2,823.20
e)	Date of the transaction	2019-06-07 2019-06-07 2019-06-10
f)	Place of the transaction	London Outside a trading venue London

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	Sale of shares, following the vesting and acquisition of shares under the PayPoint plc Long-Term Incentive Plan on 4 June 2019. Shares acquired pursuant to the exercise of nil cost share options granted under the PayPoint plc Deferred Bonus Plan on 7 June 2016, following adjustments for tax. The midmarket value of the shares in the Company on the dealing day prior to the date of exercise was £10.50 per share. Sale of shares, following the exercise on 7 June 2019 of nil cost share options granted under the PayPoint plc Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s)   Volumes 10.44    10,148 Nil consideration      297 10.69   297
d)	Aggregated information - Aggregated volume - Price - Total   - Aggregated volume - Price - Total - Aggregated volume - Price - Total	10,148 £10.44 £105,937.00 297 Nil consideration.  Market value £10.50 Market value £3,118.50   297 £10.69 £3,176.10
e)	Date of the transaction	2019-06-07 2019-06-07 2019-06-10
f)	Place of the transaction	London Outside a trading venue London

1.	Details of PDMR / person closely associated with them (‘PCA’)
a)	Name	Mugur Dogariu
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 exercise of nil cost share options granted under the PayPoint plc Deferred Bonus Plan on 7 June 2016, following adjustments for tax. The midmarket value of the shares in the Company on the dealing day prior to the date of exercise was £10.50 per share.
c)	Price(s) and volume(s)	Price(s)   Volumes Nil consideration    1,154
d)	Aggregated information   - Aggregated volume   - Price   - Total	1,154 Nil consideration.  Market value £10.50 Market value £12,117.00
e)	Date of the transaction	2019-06-07
f)	Place of the transaction	Outside a trading venue

Enquiries:

Susan Court

Company Secretary

PayPoint plc

Tel: +44 (0)1707 600316