Director's Dealing • Dec 13, 2021
Director's Dealing
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RNS Number : 4362V
Fintel PLC
13 December 2021
13 December 2021
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Fintel plc
(the "Company" or "Fintel")
Director / PDMR Dealing
Fintel plc, the leading independent provider of fintech and support services to the UK's retail financial services sector, is pleased to announce that it has been notified that Matt Timmins, Neil Stevens and David Thompson, each of whom are directors of the Company (the "Directors") have purchased, in aggregate, 53,476 ordinary shares in the Company as listed below. In addition, Austin Timmins (a person closely associated with a PDMR) has purchased 2,000 ordinary shares in the Company.
Following this transaction, the Directors have a resulting interest in the ordinary shares of the Company as listed below.
| Name | Shares in Fintel before purchase | Shares in Fintel purchased | Shares in Fintel held after purchase | % total shares in issue |
| Matt Timmins* (Joint CEO) |
3,715,213 | 8,000 | 3,723,213 | 3.62% |
| Neil Stevens (Joint CEO) |
3,683,660 | 23,803 | 3,707,463 | 3.60% |
| David Thompson (CFO) |
0 | 23,673 | 23,673 | 0.02% |
*Includes shares held by Austin Timmins, a person closely associated to Matt Timmins
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, 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 p each ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Purchase of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | Price(s): 210p Volume(s) 6,000 |
| d) | Aggregated information | N/a - single transaction |
| e) | Date of transaction | 10 December 2021 |
| f) | Place of transaction | London stock Exchange, AIM |
| 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) | Price(s): 210 p Volume(s) 23,803 |
| d) | Aggregated information | N/a - single transaction |
| e) | Date of transaction | 10 December 2021 |
| f) | Place of transaction | London stock Exchange, AIM |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
David Thompson
2
Reason for the notification
a)
Position/status
Chief Financial 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)
| Prices | Volume | |
| 210.43 | 2,376 | |
| 210.43 | 2,376 | |
| 211.06 | 2,368 | |
| 211.06 | 2,368 | |
| 211.06 | 2,368 | |
| 211.06 | 2,368 | |
| 211.06 | 2,368 | |
| 211.00 | 2,369 | |
| 212.18 | 2,356 | |
| 212.18 | 2,356 |
d)
Aggregated information
Price 211.15
Volume 23,673
e)
Date of transaction
13 December 2021
f)
Place of transaction
London stock Exchange, AIM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Austin Timmins |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR Child (PCA to Matt Timmins) |
| 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(s): 210.64p Volume(s) 2,000 |
| d) | Aggregated information | N/a - single transaction |
| e) | Date of transaction | 10 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
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 [email protected]
Andy Lane
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