Director/PDMR Shareholding

11 June 2019


PayPoint plc (the ‘Company’)


NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDING

THE COMPANY'S DEFERRED BONUS PLAN AND LONG-TERM INCENTIVE PLAN

2019 Deferred Bonus Plan Awards

The Company announces that on 10 June 2019 in accordance with the rules of the Company’s Deferred Bonus Plan (the 'DBP'), the Remuneration Committee has granted the following deferred bonus awards to an executive director and Persons Discharging Managerial Responsibility (‘PDMRs’) under the DBP.

In accordance with the rules, DBP awards are granted on 10 June 2019 at a price of £10.50 per share (being the mid-market price on the preceding dealing day) as follows:

Executive Director

DBP Award

Rachel Kentleton

5,478


PDMR

DBP Award

Jon Marchant

2,354

Katy Wilde

1,483

Lewis Alcraft

2,143

Mugur Dogariu

1,840

Susan Court

1,832


The release of DBP awards to participants is dependent upon continuous employment for a period of three years from the date of grant.

2019 Long-Term Incentive Plan Awards

The Company further announces that on 10 June 2019, the Remuneration Committee has granted the following conditional share awards to executive directors and PDMRs under the Company's Long-Term Incentive Plan (the 'LTIP').

In accordance with the rules, LTIP awards are granted on the 10 June 2019 at a price of £10.50 per share (being the mid-market price on the preceding dealing day) as follows:

Executive Director

LTIP Award

Patrick Headon

78,333

Rachel Kentleton

38,710


PDMR

LTIP Award

Jon Marchant

11,256

Katy Wilde

7,094

Lewis Alcraft

14,285

Mugur Dogariu

3,981

Susan Court

8,974

The release of LTIP awards to participants is dependent upon the 'total shareholder return' performance of the Company relative to its comparator group, and the ‘earnings per share’ performance of the Company; both performance conditions measured over a three year period from the date of grant. In accordance with the Company’s remuneration policy, the awards to executive directors are subject to a further retention period, following a vesting of the LTIP awards, which will end on the fifth anniversary of the date of grant.

This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

1.

Details of PDMR / person closely associated with them (‘PCA’)

a)

Name


Rachel Kentleton

2.

Reason for the notification

b)

Position / status


Finance Director

c)

Initial notification/amendment


Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PayPoint plc


b)

LEI code

5493004YKWI8U0GDD138


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


Identification code

Ordinary shares of 1/3p each


GB00B02QND93


b)

Nature of the transaction


Grant of awards under the PayPoint plc Deferred Bonus Plan

Grant of awards under the PayPoint plc Long-Term Incentive Plan

c)

Price(s) and volume(s)


Price(s)                          Volumes

£10.50 5,478

£10.50 38,710

d)

Aggregated information

  • Aggregated volume
  • Price
  • Total

  • Aggregated volume
  • Price
  • Total

5,478

£10.50

£57,519.00


38,710

£10.50

£406,455.00

e)

Date of the transaction


2019-06-10

2019-06-10

f)

Place of the transaction


Outside a trading venue

Outside a trading venue


1.

Details of PDMR / person closely associated with them (‘PCA’)

a)

Name


Jon Marchant

2.

Reason for the notification

b)

Position / status


Chief Information Officer

c)

Initial notification/amendment


Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PayPoint plc


b)

LEI code

5493004YKWI8U0GDD138


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


Identification code

Ordinary shares of 1/3p each


GB00B02QND93


b)

Nature of the transaction


Grant of awards under the PayPoint plc Deferred Bonus Plan

Grant of awards under the PayPoint plc Long-Term Incentive Plan

c)

Price(s) and volume(s)


Price(s)                          Volumes

£10.50 2,354

£10.50 11,256

d)

Aggregated information

  • Aggregated volume
  • Price
  • Total

  • Aggregated volume
  • Price
  • Total

2,354

£10.50

£24,717.00


11,256

£10.50

£118,188.00

e)

Date of the transaction


2019-06-10

2019-06-10

f)

Place of the transaction


Outside a trading venue

Outside a trading venue



1.

Details of PDMR / person closely associated with them (‘PCA’)

a)

Name


Katy Wilde

2.

Reason for the notification

b)

Position / status


HR Director

c)

Initial notification/amendment


Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PayPoint plc


b)

LEI code

5493004YKWI8U0GDD138


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


Identification code

Ordinary shares of 1/3p each


GB00B02QND93


b)

Nature of the transaction


Grant of awards under the PayPoint plc Deferred Bonus Plan

Grant of awards under the PayPoint plc Long-Term Incentive Plan

c)

Price(s) and volume(s)


Price(s)                          Volumes

£10.50 1,483

£10.50 7,094

d)

Aggregated information

  • Aggregated volume
  • Price
  • Total

  • Aggregated volume
  • Price
  • Total

1,483

£10.50

£15,571.50


7,094

£10.50

£74,487.00

e)

Date of the transaction


2019-06-10

2019-06-10

f)

Place of the transaction


Outside a trading venue

Outside a trading venue


1.

Details of PDMR / person closely associated with them (‘PCA’)

a)

Name


Lewis Alcraft

2.

Reason for the notification

b)

Position / status


Chief Commercial Officer

c)

Initial notification/amendment


Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PayPoint plc


b)

LEI code

5493004YKWI8U0GDD138


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


Identification code

Ordinary shares of 1/3p each


GB00B02QND93


b)

Nature of the transaction


Grant of awards under the PayPoint plc Deferred Bonus Plan

Grant of awards under the PayPoint plc Long-Term Incentive Plan

c)

Price(s) and volume(s)


Price(s)                          Volumes

£10.50 2,143

£10.50 14,285

d)

Aggregated information

  • Aggregated volume
  • Price
  • Total

  • Aggregated volume
  • Price
  • Total

2,143

£10.50

£22,501.50


14,285

£10.50

£149,992.50

e)

Date of the transaction


2019-06-10

2019-06-10

f)

Place of the transaction


Outside a trading venue

Outside a trading venue


1.

Details of PDMR / person closely associated with them (‘PCA’)

a)

Name


Mugur Dogariu

2.

Reason for the notification

b)

Position / status


Managing Director, PayPoint Romania

c)

Initial notification/amendment


Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PayPoint plc


b)

LEI code

5493004YKWI8U0GDD138


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


Identification code

Ordinary shares of 1/3p each


GB00B02QND93


b)

Nature of the transaction


Grant of awards under the PayPoint plc Deferred Bonus Plan

Grant of awards under the PayPoint plc Long-Term Incentive Plan

c)

Price(s) and volume(s)


Price(s)                          Volumes

£10.50 1,840

£10.50 3,981

d)

Aggregated information

  • Aggregated volume
  • Price
  • Total

  • Aggregated volume
  • Price
  • Total

1,840

£10.50

£19,320.00


3,981

£10.50

£41,800.50

e)

Date of the transaction


2019-06-10

2019-06-10

f)

Place of the transaction


Outside a trading venue

Outside a trading venue


1.

Details of PDMR / person closely associated with them (‘PCA’)

a)

Name


Susan Court

2.

Reason for the notification

b)

Position / status


Head of Legal and Company Secretary

c)

Initial notification/amendment


Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PayPoint plc


b)

LEI code

5493004YKWI8U0GDD138


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


Identification code

Ordinary shares of 1/3p each


GB00B02QND93


b)

Nature of the transaction


Grant of awards under the PayPoint plc Deferred Bonus Plan

Grant of awards under the PayPoint plc Long-Term Incentive Plan

c)

Price(s) and volume(s)


Price(s)                          Volumes

£10.50 1,832

£10.50 8,974

d)

Aggregated information

  • Aggregated volume
  • Price
  • Total

  • Aggregated volume
  • Price
  • Total

1,832

£10.50

£19,236.00


8,974

£10.50

£94,227.00

e)

Date of the transaction


2019-06-10

2019-06-10

f)

Place of the transaction


Outside a trading venue

Outside a trading venue


1.

Details of PDMR / person closely associated with them (‘PCA’)

a)

Name


Patrick Headon

2.

Reason for the notification

b)

Position / status


Chief Executive

c)

Initial notification/amendment


Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PayPoint plc


b)

LEI code

5493004YKWI8U0GDD138


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


Identification code

Ordinary shares of 1/3p each


GB00B02QND93


b)

Nature of the transaction


Grant of awards under the PayPoint plc Long-Term Incentive Plan

c)

Price(s) and volume(s)


Price(s)                          Volumes

£10.50 78,333


d)

Aggregated information

  • Aggregated volume
  • Price
  • Total

78,333

£10.50

£822,496.50

e)

Date of the transaction


2019-06-10


f)

Place of the transaction


Outside a trading venue




Enquiries:

Susan Court

Company Secretary

PayPoint plc

Tel: +44 (0)1707 600316

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