Vanquis Banking Group (formerly: Provident Financial Plc)

Director's Dealing • Sep 10, 2018

National Storage Mechanism | Additional information

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RNS Number : 3105A

Provident Financial PLC

10 September 2018

Provident Financial plc ("the Company")

PDMR transaction - Initial Notification

The Company announces that the third and final conditional award granted to the following person discharging managerial responsibility ("PDMR") over the Company's ordinary shares of 20 8/11p on 17 October 2016, vested in full on 5 September 2018. The Company was notified on 7 September 2018 of the following transactions in relation to the award as set out below:

Director/ PDMR	Beneficial holding of Ordinary Shares prior to the Dealing	% of issued share capital prior to the Dealing	Ordinary Shares acquired/sold by or on behalf of Director / PDMR	Resultant Beneficial holding of Ordinary Shares after the Dealing	Resultant % of issued share capital after the Dealing
Chris Sweeney	31,925 unrestricted shares and 340,209 restricted shares	0.013% 0.134%	14,383 unrestricted shares acquired and 6,772 shares sold.	39,536 unrestricted shares and 325,826 restricted shares.	0.011% 0.128%

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 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 8/11 pence each in Provident Financial plc

GB00B1Z4ST84

b)

Nature of the transaction

i)          grant of conditional award by the Company over 14,383 shares vested on 5 September 2018; and

ii)         sale of 6,772 shares on 6 September 2018 to satisfy tax, national insurance contributions and dealing costs in connection with the conditional award that vested on 5 September 2018.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil £6.718	14,383 6,772

d)

Aggregated information

-     Aggregated volume

-     Price

Vesting	Sale
14,383	6,772
Nil	£45,494.30

e)

Date of the transaction

6 September 2018

f)

Place of the transaction

London Stock Exchange

Name of authorised official of issuer responsible for making notification:

David Whincup, Deputy Company Secretary

Date of Notification:

10 September 2018

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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