Vanquis Banking Group (formerly: Provident Financial Plc)

Director's Dealing • Sep 10, 2025

National Storage Mechanism | Additional information

RNS Number : 6155Y

Vanquis Banking Group PLC

10 September 2025

Vanquis Banking Group plc ("the Company")

Director/PDMR Transaction - Initial Notification

The Company announces that it has granted the following awards on 9 September 2025 over the Company's ordinary shares of 20 8/11p ("Shares") as follows:

1.    nil-cost options over 645,937 and 367,516 Shares for no consideration to Ian McLaughlin and David Watts respectively, who are directors/persons discharging managerial responsibility ("PDMRs") in the Company, under the 2020 Restricted Share Plan (the "RSP Options")

The number of ordinary shares awarded under the RSP Options is based on the average closing share price on the London Stock Exchange between 2 September 2025 and 8 September 2025 of £1.1224. No adjustments have been made to the grant value of the awards. A further assessment will be made at the point of vest as part of the RSP performance underpin. There has been no additional discount from the price at grant to reflect the absence of dividend equivalents during the vesting period and no market value options linked to the RSP Options have been granted under the 2020 Restricted Share Plan (CSOP Options).

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

Ian McLaughlin

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

Vanquis Banking Group 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 nil-cost options under the 2020 Restricted Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0	645,937

d)

Aggregated information

- Aggregated volume

- Price

645,937

£0

e)

Date of the transaction

9 September 2025

f)

Place of the transaction

Outside a trading venue

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 Watts

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

Vanquis Banking Group 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 nil-cost options under the 2020 Restricted Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0	367,516

d)

Aggregated information

- Aggregated volume

- Price

367,516

£0

e)

Date of the transaction

9 September 2025

f)

Place of the transaction

Outside a trading venue

Name of authorised official of issuer responsible for making notification:

Elizabeth McClure, Deputy Company Secretary

Date of Notification :

10 September 2025

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHKKLBBEKLEBBV