Finseta PLC Director/PDMR Shareholding
23 September 2024 - 2:06PM
RNS Regulatory News
RNS Number : 2768F
Finseta PLC
23 September 2024
23 September 2024
Finseta plc
("Finseta", "the
Company" or "the Group")
Director/PDMR
Shareholding
Finseta (AIM: FIN), a foreign
exchange and payments solutions company offering multi-currency
accounts to businesses and individuals through its proprietary
technology platform, announces that it has been informed that
Gareth Edwards, Non-Executive Chairman of the
Company, has today transferred
52,450 ordinary shares of 1 penny each in the Company ("Ordinary
Shares") from his personal holding into his SIPP. This transfer was
effected by way of the sale of 52,450 Ordinary Shares at a price of
38.05 pence per Ordinary Share followed by the immediate purchase
of 52,450 Ordinary Shares by his SIPP at a price of 38.00 pence per
Ordinary Share.
Following these transactions, Gareth Edwards'
interest in the Company's Ordinary Shares remains unchanged at
790,846 Ordinary Shares, representing approximately 1.4 per cent of
the Company's total voting rights.
The notification below, made in
accordance with the requirements of the EU Market Abuse Regulation
as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018, provides further detail.
Enquiries
|
Finseta plc
|
+44 (0)203
971 4865
|
|
James Hickman, Chief Executive
Officer
Judy Happe, Chief Financial
Officer
|
|
|
|
|
|
Shore Capital (Nominated Adviser
and Broker)
|
+44 (0)207
408 4090
|
|
Daniel Bush, Tom Knibbs (Corporate
Advisory)
Guy Wiehahn (Corporate Broking)
|
|
|
|
|
|
Gracechurch Group (Financial
PR)
|
+44 (0)204
582 3500
|
|
Harry Chathli, Claire Norbury, Henry
Gamble
|
|
About Finseta plc
Finseta plc (AIM: FIN) is a foreign
exchange and payments company offering multi-currency accounts and
payment solutions to businesses and individuals. Headquartered in
the City of London, Finseta combines a proprietary technology
platform with a high level of personalised service to support
clients with payments in over 165 countries in 140 currencies. With
a track record of over 12 years, Finseta has the expertise,
experience and expanding global partner network to be able to
execute complex cross-border payments. It is fully regulated,
through its wholly-owned subsidiaries, by the Financial Conduct
Authority as an Electronic Money Institution and by the Financial
Transactions and Reports Analysis Centre of Canada as a
Money Services Business. www.finseta.com
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
|
Gareth Edwards
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Non-Executive Chairman
|
|
b)
|
Initial notification/amendment
|
Initial Notification
|
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name
|
Finseta plc
|
|
b)
|
LEI
|
213800O4IL2RXZ2BZ956
|
|
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 1 penny each
|
|
|
|
|
Identification code
|
GB00BNG7CD28
|
|
|
|
|
b)
|
Nature of the transaction
|
1. Sale of Ordinary Shares
out of Mr Edwards' personal holding
2. Purchase of Ordinary
Shares into Mr Edwards' SIPP
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
1. 38.05 pence
|
52,450
|
|
|
|
|
2. 38.00 pence
|
52,450
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
N/A
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
23 September 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM
|
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END
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