PAYPOINT PLC DEFERRED BONUS PLAN
The Company announces that, in accordance with the rules of the PayPoint plc Deferred Bonus Plan, following the completion of the three-year holding period, nil cost share options granted on 5 June 2017 were automatically exercised on 5 June 2020 by participants who have remained in the employment of the Company for the duration of the deferral period. Accordingly, the Persons Discharging Managerial Responsibility (‘PDMRs’) listed below have become the legal and beneficial owners of ordinary shares of the Company (‘shares’) as detailed below.
The midmarket value of the shares on the dealing day prior to the date of exercise was 762p per share.
PDMRs
Awards granted
Dividend awards accrued during deferral period
Total awards exercised
Number of shares sold to cover tax and NI
Balance of shares retained
Tim Watkin-Rees
6,044
1,974
8,018
3,782
4,236
Rachel Kentleton
1,378
450
1,828
864
964
Jon Marchant
2,292
748
3,040
2,237
803
Katy Wilde
1,495
488
1,983
936
1,047
Lewis Alcraft
1,964
641
2,605
1,229
1,376
Mugur Dogariu
1,387
453
1,840
n/a*
* not subject to UK tax and NI
Enquiries:
PayPoint plc
Sarah Carne, Company Secretary
+44(0)1707 600300
LEI: 5493004YKWI8U0GDD138
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