Director/PDMR Shareholding

By

Regulatory News | 17 Jun, 2021

Updated : 11:00

RNS Number : 2569C
Funding Circle Holdings PLC
17 June 2021
 

17 June 2021

LEI: 2138003EK6UAINBBUS19

 

Funding Circle Holdings plc (the "Company")

 

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

 

The Company announces that on 16 June 2021, PDMRs of the Company acquired a further interest in the Company's shares as a result of their participation in the Funding Circle Holdings plc Share Incentive Plan (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/or make a lump sum payment from their salary. For each Partnership Share purchased employees receive one free 'Matching Share'.  

 

Details of the Partnership Shares acquired on behalf of, and the Matching Shares awarded to, PDMRs under the SIP, both of whom opted to make a lump sum payment in May 2021, are set out below:

 

Name of PDMR

Number of Partnership Shares

Number of Matching Shares

Samir Desai

1,025

1,025

Oliver White   

1,025

1,025

 

Further details are set out below in accordance with Article 19 of the Market Abuse Regulation.

 

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)         161 pence

1,025

(ii)        161 pence

1,025

e)

Aggregated information:

 

Aggregated volume:

 

Price:

 

Aggregated

volume

Aggregated price (weighted average)

(i)         1,025

161 pence

(ii)        1,025

161 pence

f)

Date of the transaction:

16 June 2021

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

1,025

(ii)        Nil

1,025

e)

Aggregated information:

 

 

 

Aggregated

volume

Aggregated price (weighted average)

(i)         1,025

Nil

(ii)        1,025

Nil

f)

Date of the transaction:

16 June 2021

g)

Place of the transaction

The London Stock Exchange (XLON)

 

Media Enquiries:

 

Investor relations and media relations:

 

Investor Relations

David de Koning - Director of Investor Relations and Communications (0203 927 3893)

 

Media relations

Natasha Jones - Head of UK Communications (020 3667 2245)

Headland Consultancy - Mike Smith / Stephen Malthouse (020 3805 4822)

 

About Funding Circle:

 

Funding Circle (LSE: FCH) is a small and medium enterprise ("SME") loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including banks, asset management companies, insurance companies, government-backed entities, retail investors and funds - have lent more than £12 billion to 100,000 businesses globally.

 

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