Director/PDMR Shareholding

By

Regulatory News | 18 Nov, 2020

Updated : 10:01

RNS Number : 7174F
Funding Circle Holdings PLC
18 November 2020
 

18 November 2020

LEI: 2138003EK6UAINBBUS19

 

Funding Circle Holdings plc (the "Company")

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") - 2020 Share Incentive Plan

 

Further to the announcement on 4 November 2020 regarding the Funding Circle Holdings plc Share Incentive Plan (the "SIP"), the Company announces that on 16 November 2020, PDMRs of the Company acquired a further interest in the Company's shares as a result of their participation in the SIP.

 

The SIP is an HMRC approved all employee share plan, under which employees are able to purchase 'Partnership Shares' using deductions from salary each month and receive one free 'Matching Share' for each Partnership Share purchased.

 

Details of the Partnership Shares acquired on behalf of, and the Matching Shares awarded to, PDMRs under the SIP are set out below:

 

Name of PDMR

Number of Partnership Shares

Number of Matching Shares

Samir Desai

166

166

Oliver White   

166

166

 

Further details are set out below in accordance with Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

(i)         Samir Desai

(ii)        Oliver White

2.

Reason for the notification

a)

Position/status:

(i)         Chief Executive Officer

(ii)        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:

Ordinary shares of 0.1 pence each

 

b)

Identification code:

GB00BG0TPX62

c)

Nature of the transaction:

Acquisition of Partnership Shares under the Funding Circle Holdings plc Share Incentive Plan

d)

Price(s) and volume(s):

 

Price(s)

Volume(s)

(i)         90 pence

166

(ii)        90 pence

166

e)

Aggregated information:

 

Aggregated volume:

 

Price:

 

Aggregated

volume

Aggregated price (weighted average)

(i)         166

90 pence

(ii)        166

90 pence

f)

Date of the transaction:

16 November 2020

g)

Place of the transaction

The London Stock Exchange (XLON)

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

(i)         Samir Desai

(ii)        Oliver White

2.

Reason for the notification

a)

Position/status:

(i)         Chief Executive Officer

(ii)        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:

Ordinary shares of 0.1 pence each

 

b)

Identification code:

GB00BG0TPX62

c)

Nature of the transaction:

Award of matching shares under the Funding Circle Holdings plc Share Incentive Plan

d)

Price(s) and volume(s):

 

Price

Volume(s)

(i)         Nil

166

(ii)        Nil

166

e)

Aggregated information:

 

Aggregated volume:

 

Price:

 

Aggregated

volume

Aggregated price (weighted average)

(i)         166

Nil

(ii)        166

Nil

f)

Date of the transaction:

16 November 2020

g)

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)

 

About Funding Circle:

 

Funding Circle (LSE: FCH) is a small and medium enterprise loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including retail investors, banks, specialty finance companies, asset management companies, insurance companies, government-backed entities and funds - have lent approximately £10 billion to 90,000 businesses globally.

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