Director/PDMR Shareholding (LTIP Awards)

PayPoint plc 

Long Term Incentive Plan Awards

PayPoint plc (the 'Company') announces that on 26 July 2017, the Remuneration Committee has granted the following conditional share awards to executive directors and Persons Discharging Managerial Responsibility ('PDMRs') under the Company's Long Term Incentive Plan (the 'LTIP'). 

In accordance with the rules, LTIP awards were granted on the 26 July 2017 at a price of £8.60 per share (the mid-market price on the preceding dealing day) as follows:

Executive Director LTIP Award
Dominic Taylor 82,616
Rachel Kentleton 44,767
Tim Watkin-Rees 47,339

 

PDMR LTIP Award
Susan Court 10,131
Jon Marchant 13,081
Katy Wilde 8,165
Lewis Alcraft 10,727
Mugur Dogariu 3,748

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.

The following notifications have been submitted to the FCA:

1.

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

a)

Name

 

Dominic Taylor

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

£8.60                         82,616

d)

Aggregated information

 

  • Aggregated volume

 

  • Price

 

 

82,616

 

£710,497.60

e)

Date of the transaction

 

2017-07-26

f)

Place of the transaction

 

Outside a trading venue

 

1.

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

a)

Name

 

Timothy Watkin-Rees

2.

Reason for the notification

b)

Position / status

 

Business Development 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 Long Term Incentive Plan

 

c)

Price(s) and volume(s)

 

Price(s)                     Volumes

£8.60                         47,339

d)

Aggregated information

 

  • Aggregated volume

 

  • Price

 

 

47,339

 

£407,115.40

e)

Date of the transaction

 

2017-07-26

f)

Place of the transaction

 

Outside a trading venue

 

1.

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

a)

Name

 

Jonathan 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 Long Term Incentive Plan

 

c)

Price(s) and volume(s)

 

Price(s)                     Volumes

£8.60                         13,081

d)

Aggregated information

 

  • Aggregated volume

 

  • Price

 

 

13,081

 

£112,496.60

e)

Date of the transaction

 

2017-07-26

f)

Place of the transaction

 

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

 

Participation in the PayPoint Share Incentive Plan whereby purchase of shares are self-funded under the plan and matching shares are awarded for each share purchased.

 

c)

Price(s) and volume(s)

 

Price(s)                     Volumes

£8.60                          10,131

d)

Aggregated information

 

  • Aggregated volume

 

  • Price

 

 

10,131

 

£87,126.60

e)

Date of the transaction

 

2017-07-26

f)

Place of the transaction

 

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 Long Term Incentive Plan

 

c)

Price(s) and volume(s)

 

Price(s)                     Volumes

£8.60                         8,165

d)

Aggregated information

 

  • Aggregated volume

 

  • Price

 

 

8,165

 

£70,219

e)

Date of the transaction

 

2017-07-26

f)

Place of the transaction

 

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

 

Commercial 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 Long Term Incentive Plan

 

c)

Price(s) and volume(s)

 

Price(s)                     Volumes

£8.60                         10,727

d)

Aggregated information

 

  • Aggregated volume

 

  • Price

 

 

10,727

 

£92,252.20

e)

Date of the transaction

 

2017-07-26

f)

Place of the transaction

 

Outside a trading venue

 

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 Long Term Incentive Plan

 

c)

Price(s) and volume(s)

 

Price(s)                     Volumes

£8.60                         44,767

d)

Aggregated information

 

  • Aggregated volume

 

  • Price

 

 

44,767

 

£384,996.20

e)

Date of the transaction

 

2017-07-26

f)

Place of the transaction

 

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 Long Term Incentive Plan

 

c)

Price(s) and volume(s)

 

Price(s)                     Volumes

£8.60                         3,748

d)

Aggregated information

 

  • Aggregated volume

 

  • Price

 

 

3,748

 

£32,232.80

e)

Date of the transaction

 

2017-07-26

f)

Place of the transaction

 

Outside a trading venue

 

Name of officer of issuer responsible for making notification: Susan Court

Date of notification: 26 July 2017