RNS Number : 4362V
Fintel PLC
13 December 2021
 

13 December 2021

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 

Fintel plc

(the "Company" or "Fintel")

Director / PDMR Dealing

Fintel plc, the leading independent provider of fintech and support services to the UK's retail financial services sector, is pleased to announce that it has been notified that Matt Timmins, Neil Stevens and David Thompson, each of whom are directors of the Company (the "Directors") have purchased, in aggregate, 53,476 ordinary shares in the Company as listed below. In addition, Austin Timmins (a person closely associated with a PDMR) has purchased 2,000 ordinary shares in the Company.

Following this transaction, the Directors have a resulting interest in the ordinary shares of the Company as listed below.

Name

Shares in Fintel before purchase

Shares in Fintel purchased

Shares in Fintel held after purchase

% total shares in issue

Matt Timmins*

(Joint CEO)

3,715,213

 

8,000

3,723,213

3.62% 

Neil Stevens

(Joint CEO)

3,683,660

23,803

3,707,463

3.60%

David Thompson

(CFO)

0

23,673

23,673

0.02%


*Includes shares held by Austin Timmins, a person closely associated to Matt Timmins

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matt Timmins

2

Reason for the notification

a)

Position/status

Joint Chief Executive Officer (PDMR)

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Fintel plc

b)

LEI

213800DXP1VY21GCTH04

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 

Identification Code

Ordinary shares of 1 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

Price(s):     210p

 

Volume(s)  6,000

d)

Aggregated information

N/a - single transaction

e)

Date of transaction

10 December 2021

f)

Place of transaction

London stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Neil Stevens

2

Reason for the notification

a)

Position/status

Joint Chief Executive Officer (PDMR)

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Fintel plc

b)

LEI

213800DXP1VY21GCTH04

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 

Identification Code

Ordinary shares of 1 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

Price(s):     210 p

 

Volume(s)  23,803

d)

Aggregated information

N/a - single transaction

e)

Date of transaction

10 December 2021

f)

Place of transaction

London stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Thompson

2

Reason for the notification

a)

Position/status

Chief Financial Officer (PDMR)

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Fintel plc

b)

LEI

213800DXP1VY21GCTH04

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 

Identification Code

Ordinary shares of 1 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

Prices

 

Volume

     210.43

 

2,376

     210.43

 

2,376

     211.06

 

2,368

     211.06

 

2,368

     211.06

 

2,368

     211.06

 

2,368

     211.06

 

2,368

     211.00

 

2,369

     212.18

 

2,356

     212.18

 

2,356

 

d)

Aggregated information

Price        211.15

Volume   23,673

e)

Date of transaction

13 December 2021

f)

Place of transaction

London stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Austin Timmins

2

Reason for the notification

a)

Position/status

PDMR Child (PCA to Matt Timmins)

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Fintel plc

b)

LEI

213800DXP1VY21GCTH04

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 

Identification Code

Ordinary shares of 1 p each

 

ISIN:  GB00BG1THS43

b)

Nature of the transaction

Purchase of ordinary shares of 1p each

c)

Price(s) and volume(s)

Price(s):     210.64p

 

Volume(s)  2,000

d)

Aggregated information

N/a - single transaction

e)

Date of transaction

10 December 2021

f)

Place of transaction

London stock Exchange, AIM

 

For further information please contact:

Fintel plc                                                                                                               via Instinctif Partners

Matt Timmins (Joint Chief Executive Officer)

Neil Stevens (Joint Chief Executive Officer)

 

Zeus Capital (Nominated Adviser and Joint Broker)                                     +44 (0) 20 3829 5000

Martin Green

Dan Bate

Investec Bank (Joint Broker)                                                                             +44 (0) 20 7597 5095

Bruce Garrow

David Anderson

Harry Hargreaves

Instinctif Partners (Financial PR)                                                                    +44 (0) 20 7457 2020

Mark Walter                                                                                                         fintel@instinctif.com

Andy Lane 

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