TIDMPFG

RNS Number : 8765Q

Provident Financial PLC

02 December 2016

Provident Financial plc ("the Company")

Director/PDMR Transaction - Initial Notification

The Company announces that it was notified on 1 December 2016 of the following transactions in relation to the Company's ordinary shares of 20 8/11p each ("Ordinary Shares") by Peter Stuart Crook and Andrew Charles Fisher, who are both directors/persons discharging managerial responsibility in the Company. These transactions relate to options granted under the Company's Employee Savings Related Share Option Schemes.

 
 Director/   Beneficial        % of       Ordinary            Resultant       Resultant 
  PDMR        holding           issued     Shares acquired     Beneficial      % of 
              of Ordinary       share      / sold by           holding         issued 
              Shares prior      capital    Director            of Ordinary     share 
              to the Dealing    prior      / PDMR              Shares after    capital 
                                to the                         the Dealing     after 
                                Dealing                                        the Dealing 
----------  ----------------  ---------  ------------------  --------------  ------------- 
 Peter       226,350           0.153%     1,777 shares        228,127         0.154% 
  Stuart      unrestricted                 acquired            unrestricted 
  Crook       shares and        0.198%                         shares and      0.198% 
              292,798                                          292,798 
              restricted                                       restricted 
              shares                                           shares 
----------  ----------------  ---------  ------------------  --------------  ------------- 
 Andrew      144,262           0.097%     689 shares          144,262         0.097% 
  Charles     unrestricted                 acquired            unrestricted 
  Fisher      shares and        0.132%     and subsequently    shares and      0.132% 
              195,558                      sold                195,558 
              restricted                                       restricted 
              shares                                           shares 
----------  ----------------  ---------  ------------------  --------------  ------------- 
 

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                       Peter Stuart Crook 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            Chief Executive Officer 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       Provident Financial plc 
---  -------------------------  ------------------------------- 
 b)   LEI                        213800U93SZC44VXN635 
---  -------------------------  ------------------------------- 
 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               Ordinary Shares of 20 8/11p 
       instrument, type 
       of instrument               GB00B1Z4ST84 
 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Exercise of options granted 
       transaction                under the Provident Financial 
                                  plc Employee Savings Related 
                                  Share Option Scheme (2003) 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    GBP8.68     1,777 
                                   ----------  ---------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         1,777 
 
       - Price                     GBP15,424.36 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    1 December 2016 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ------------------------------- 
 

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                       Andrew Charles Fisher 
---  -------------------------  ------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status            Finance Director 
---  -------------------------  ------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                       Provident Financial plc 
---  -------------------------  ------------------------------------- 
 b)   LEI                        213800U93SZC44VXN635 
---  -------------------------  ------------------------------------- 
 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             Ordinary Shares of 20 8/11p 
       the financial 
       instrument, type           GB00B1Z4ST84 
       of instrument 
 
       Identification 
       code 
---  -------------------------  ------------------------------------- 
 b)   Nature of the                   (i) options exercised pursuant 
       transaction                     to the Provident Financial 
                                       Savings Related Share Option 
                                       Scheme 2013; and 
                                       (ii) subsequent sale of shares 
                                       on 1 December 2016. 
---  -------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)      Volume(s) 
                                   ------------  ---------- 
                                    GBP13.05      689 
                                   ------------  ---------- 
                                    GBP28.6587    689 
                                   ------------  ---------- 
---  -------------------------  ------------------------------------- 
 d)   Aggregated information     Exercise Sale 
                                  689 689 
       - Aggregated volume        GBP8,991.45 GBP19,745.84 
 
       - Price 
---  -------------------------  ------------------------------------- 
 e)   Date of the transaction    1 December 2016 
---  -------------------------  ------------------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ------------------------------------- 
 

Name of authorised official of issuer responsible for making notification:

Emma G Versluys, Deputy Company Secretary

Date of Notification:

2 December 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 02, 2016 11:50 ET (16:50 GMT)

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