FUNDING CIRCLE HOLDINGS PLC

Director's Dealing • Jun 23, 2020

National Storage Mechanism | Additional information

RNS Number : 8187Q

Funding Circle Holdings PLC

23 June 2020

23 June 2020

LEI: 2138003EK6UAINBBUS19

Funding Circle Holdings plc ("the Company")

Notification and Public Disclosure of Transaction in Shares by Person Discharging Managerial Responsibility ("PDMR")

The following awards have been granted to Oliver White, a PDMR, under the Funding Circle Holdings plc 2018 Long Term Incentive Plan over ordinary shares of 0.1 pence each in the Company:

·    an award of nil cost options with a one year vesting period, which it was agreed would be made to Mr White in connection with him agreeing to become a Director of the Company, in compensation for the forfeiture of his 2019 Vanquis Bank annual cash bonus (the Buyout Award); and

·    an award of nil cost options made in accordance with the Company's Remuneration Policy (the 2020 LTIP Award).

Full details of the above awards, including the performance conditions to be applied to the 2020 LTIP Award, will be disclosed in the Company's 2020 Directors' Remuneration Report.

For further information on the Company's Remuneration Policy please see the 2018 Annual Report and Accounts at: https://corporate.fundingcircle.com/results-and-reports

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Oliver White

2.

Reason for the notification

a)

Position/status:

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:

Funding Circle Holdings plc

b)

LEI:

2138003EK6UAINBBUS19

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

GB00BG0TPX62

b)

Nature of the transaction:

(i)         Award of one year nil cost options under the Funding Circle Holdings plc 2018 Long Term Incentive Plan (the Buy Out Award)

(ii)        Award of three years nil cost options under the Funding Circle Holdings plc 2018 Long Term Incentive Plan (the 2020 LTIP Award)

c)

Price(s) and volume(s):

Price(s)	Volume(s)
(i) Nil cost options	240,602
(ii) Nil cost options	925,390

d)

Aggregated information:

Aggregated volume:

Price:

1,165,992

N/A

e)

Date of the transaction:

19 June 2020

f)

Place of the transaction

The London Stock Exchange (XLON)

Media Enquiries:

Funding Circle

press@fundingcircle.com (020 3667 2245)

Headland

Mike Smith (020 3805 4822)

Stephen Malthouse (020 3805 4822)

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