Vanquis Banking Group (formerly: Provident Financial Plc)

Director's Dealing • Nov 16, 2016

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RNS Number : 3514P

Provident Financial PLC

16 November 2016

Provident Financial plc ("the Company")

Director/PDMR Transaction - Initial Notification

The Company announces that it was notified on 15 November 2016, of the following acquisitions ("Dealings") in the Company's ordinary shares of 20 8/11p each ("Ordinary Shares") by Yorkshire Building Society Trustees Provident Financial Group on behalf of Peter Stuart Crook, Andrew Charles Fisher, David Michael Merrett, Nicholas Boakes, Mark Stevens, Kenneth John Mullen and Chris Sweeney, who are all directors/persons discharging managerial responsibility in the Company.  The Dealings took place on 14 November 2016 at a price of £28.06 per Ordinary Share:

Director/ PDMR	Beneficial holding of Ordinary Shares prior to the Dealing	% of issued share capital prior to the Dealing	Ordinary Shares acquired by Director / PDMR	Resultant Beneficial holding of Ordinary Shares after the Dealing	Resultant % of issued share capital after the Dealing
Peter Stuart Crook	226,344 unrestricted shares and 292,798 restricted shares	0.153% 0.198%	5 partnership shares and 1 matching share (unrestricted shares)	226,350 unrestricted shares and 292,798 restricted shares	0.153% 0.198%
Andrew Charles Fisher	144,255 unrestricted shares and 195,558 restricted shares	0.097% 0.132%	5 partnership shares and 2 matching shares (unrestricted shares)	144,262 unrestricted shares and 195,558 restricted shares	0.097% 0.132%
David Michael Merrett	4,520 unrestricted shares and 17,886 restricted shares	0.003% 0.012%	5 partnership shares and 2 matching shares (unrestricted shares)	4,527 unrestricted shares and 17,886 restricted shares	0.003% 0.012%
Nicholas Boakes	6,096 unrestricted shares and 22,804 restricted shares	0.004% 0.015%	5 partnership shares and 2 matching shares (unrestricted shares)	6,103 unrestricted shares and 22,804 restricted shares	0.004% 0.015%
Mark Stevens	13,489 unrestricted shares and 90,148 restricted shares	0.009% 0.061%	5 partnership shares and 2 matching shares (unrestricted shares)	13,496 unrestricted shares and 90,148 restricted shares	0.009% 0.061%
Kenneth John Mullen	8,485 unrestricted shares and 30,265 restricted shares	0.005% 0.020%	6 partnership shares and 1 matching share (unrestricted shares)	8,492 unrestricted shares and 30,265 restricted shares	0.005% 0.020%
Chris Sweeney	15,874 unrestricted shares and 50,492 restricted shares	0.010% 0.034%	5 partnership shares and 1 matching share (unrestricted shares)	15,880 unrestricted shares and 50,492 restricted shares	0.010% 0.034%

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

Peter Stuart Crook

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Provident Financial plc

b)

LEI

213800U93SZC44VXN635

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 20 8/11p

GB00B1Z4ST84

b)

Nature of the transaction

Acquisition of shares under the Provident Financial Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£28.06	6

d)

Aggregated information

- Aggregated volume

- Price

6

£168.36

e)

Date of the transaction

14 November 2016

f)

Place of the transaction

London Stock Exchange

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

Andrew Charles Fisher

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Provident Financial plc

b)

LEI

213800U93SZC44VXN635

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 20 8/11p

GB00B1Z4ST84

b)

Nature of the transaction

Acquisition of shares under the Provident Financial Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£28.06	7

d)

Aggregated information

- Aggregated volume

- Price

7

£196.42

e)

Date of the transaction

14 November 2016

f)

Place of the transaction

London Stock Exchange

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

David Michael Merrett

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Provident Financial plc

b)

LEI

213800U93SZC44VXN635

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 20 8/11p

GB00B1Z4ST84

b)

Nature of the transaction

Acquisition of shares under the Provident Financial Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£28.06	7

d)

Aggregated information

- Aggregated volume

- Price

7

£196.42

e)

Date of the transaction

14 November 2016

f)

Place of the transaction

London Stock Exchange

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

Nicholas Boakes

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Provident Financial plc

b)

LEI

213800U93SZC44VXN635

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 20 8/11p

GB00B1Z4ST84

b)

Nature of the transaction

Acquisition of shares under the Provident Financial Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£28.06	7

d)

Aggregated information

- Aggregated volume

- Price

7

£196.42

e)

Date of the transaction

14 November 2016

f)

Place of the transaction

London Stock Exchange

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

Mark Stevens

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Provident Financial plc

b)

LEI

213800U93SZC44VXN635

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 20 8/11p

GB00B1Z4ST84

b)

Nature of the transaction

Acquisition of shares under the Provident Financial Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£28.06	7

d)

Aggregated information

- Aggregated volume

- Price

7

£196.42

e)

Date of the transaction

14 November 2016

f)

Place of the transaction

London Stock Exchange

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

Kenneth John Mullen

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Provident Financial plc

b)

LEI

213800U93SZC44VXN635

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 20 8/11p

GB00B1Z4ST84

b)

Nature of the transaction

Acquisition of shares under the Provident Financial Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£28.06	7

d)

Aggregated information

- Aggregated volume

- Price

7

£196.42

e)

Date of the transaction

14 November 2016

f)

Place of the transaction

London Stock Exchange

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

Chris Sweeney

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Provident Financial plc

b)

LEI

213800U93SZC44VXN635

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 20 8/11p

GB00B1Z4ST84

b)

Nature of the transaction

Acquisition of shares under the Provident Financial Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£28.06	6

d)

Aggregated information

- Aggregated volume

- Price

6

£168.36

e)

Date of the transaction

14 November 2016

f)

Place of the transaction

London Stock Exchange

Name of authorised official of issuer responsible for making notification:

Emma G Versluys, Deputy Company Secretary

Date of Notification:

16 November 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

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