PAY Paypoint Plc

 
TIDMPAY 
 
 
   23 March 2020 
 
   PayPoint plc (the 'Company') 
 
   NOTIFICATION OF TRANSACTION BY DIRECTOR/PDMR 
 
   The Company announces that the second tranche of nil cost awards granted 
to Rachel Kentleton on 02 February 2017 under the PayPoint Restricted 
Share Plan, vested on 02 February 2020 and was exercised today, 23 March 
2020. 
 
   The awards were granted pursuant to Listing Rule 9.4.2 in respect of a 
buy-out of a cash annual bonus and long-term incentive awards forfeited 
upon leaving her previous employment. 
 
   The release of the award is dependent on continued employment over the 
vesting period. The midmarket value of the ordinary shares in the 
Company on the dealing day prior to the date of exercise was 500p per 
share. 
 
 
 
 
Director/PDMR     Award vested*  Shares sold to cover   Balance of Ordinary 
                                  tax and NI             shares retained by 
                                                         Rachel Kentleton 
----------------  -------------  ---------------------  --------------------- 
Rachel Kentleton  7,817          3,738 shares @ 446.1p  4,079 ordinary shares 
                                  each                   of 1/3p each 
----------------  -------------  ---------------------  --------------------- 
 
 
   * Second tranche of award being 50% of the awards granted on 2 February 
2017 plus dividends accrued. 
 
   This notification has also been submitted to the FCA. 
 
   Enquiries: 
 
   Sarah Carne 
 
   Company Secretary 
 
   PayPoint plc 
 
   LEI: 5493004YKWI8U0GDD138 
 
   Tel: +44 (0)1707 600300 
 
   end 
 
 
 
 

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