ALFA FINANCIAL SOFTWARE HOLDINGS PL

Remuneration Information • Dec 1, 2021

National Storage Mechanism | Additional information

RNS Number : 1140U

Alfa Financial Software Hldgs PLC

01 December 2021

1 December 2021

Alfa Financial Software Holdings PLC

Employee Share Save Schemes and Directors' Dealings

Alfa Financial Software Holdings PLC ("Alfa" or the "Company"), a leading developer of mission-critical software for the asset finance industry announces that on 30 November it granted options under newly launched share save schemes in both the UK and US.

Approvals

The UK Save as You Earn Scheme ("SAYE Scheme") was approved at the AGM on 10 May 2021. The US Employee Stock Purchase Plan ("ESPP") was approved at the AGM on 24 April 2018. The schemes are tax qualifying under respective legislation in the UK and the US.

Total options granted

Pursuant to the SAYE Scheme, a total of 106 employees elected to participate, representing approximately 40% of the eligible population and pursuant to these elections a total of 774,659 shares under Option have been granted at an exercise price of 153.6 pence, equating to 0.26% of the current issued share capital.

Subject to certain conditions being satisfied, the entitlement to exercise the SAYE Options arises during the period 1 January 2025 to 30 June 2025.

Pursuant to the ESPP Scheme, a total of 21 employees elected to participate, representing approximately 32% of the eligible population and pursuant to these elections a total of 77,724 shares under Option have been granted at an exercise price of 167.0 pence, equating to 0.03% of the current issued share capital.

Subject to certain conditions being satisfied, the entitlement to exercise the ESPP Options arises during the period 1 January 2024 to 29 February 2024.

Andrew Denton, Chief Executive Officer of Alfa said:

"I am delighted that we have put these Schemes in place to facilitate wider share participation amongst our employees, and to allow them to benefit from the growth in the Company as we seek to deliver increasing shareholder value".

Enquiries

Alfa Financial Software Holdings PLC Andrew Denton, Chief Executive Officer Duncan Magrath, Chief Financial Officer	+44 (0)20 7588 1800
Tulchan Communications LLP James Macey White Victoria Boxall	+44 (0)20 7353 4200

PDMR notification

For the purpose of the FCA disclosure requirements under the Market Abuse Regime, the following additional information is relevant to this announcement:

Included in this total of SAYE Options, the following persons discharging management responsibility (PDMR's) were granted SAYE Options on 30 November 2021 as set out below:

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Duncan Magrath
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	Alfa Financial Software Holdings Group PLC
b)	LEI	213800C5UOZHUTNUGA28
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 0.1 pence each ISIN: GB00BDHXPG30
b)	Nature of the transaction	Grant of an option to acquire Ordinary Shares at an option exercise price of £1.536 per Ordinary Share made pursuant to Company SAYE share scheme
c)	Price(s) and volume(s)	Price(s) 153.6p Volume(s) 11,718
d)	Aggregated information	N/a - single transaction
e)	Date of transaction	30 November 2021
f)	Place of transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Matthew White
2	Reason for the notification
a)	Position/status	Chief Operating 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	Alfa Financial Software Holdings Group PLC
b)	LEI	213800C5UOZHUTNUGA28
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 0.1 pence each ISIN: GB00BDHXPG30
b)	Nature of the transaction	Grant of an option to acquire Ordinary Shares at an option exercise price of £1.536 per Ordinary Share made pursuant to Company SAYE share scheme
c)	Price(s) and volume(s)	Price(s) 153.6p Volume(s) 11,718
d)	Aggregated information	N/a - single transaction
e)	Date of transaction	30 November 2021
f)	Place of transaction	Outside a trading venue

Notes to Editors

Alfa has been delivering software systems and consultancy services to the global asset and automotive finance industry since 1990.  Our best practice methodologies and specialised knowledge of asset finance facilitates delivery of large software implementations and highly complex business change projects.  With an excellent delivery track record spanning three decades, Alfa's experience and performance is unrivalled in the industry.

Alfa Systems, our class-leading technology platform, is at the heart of some of the world's largest asset finance companies. Key to the business case for each implementation is Alfa Systems' ability to replace multiple customer systems with our single platform. Alfa Systems supports both retail and corporate business for auto, equipment, wholesale and dealer finance on a multijurisdictional basis, including leases/loans, originations and servicing. An end-to-end solution with integrated workflow and automated processing using business rules, Alfa Systems provides compelling solutions to asset finance companies.

Alfa Systems is currently used by customers or has live implementations in 26 countries and Alfa has offices in Europe, Australasia and North America.  For more information, visit www.alfasystems.com.

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