Distribution Finance Capital Holdings plc
("DF Capital" or the "Company")
Grant of Options to Persons Discharging Managerial Responsibilities ("PDMRs")
DF Capital (AIM: DFCH), a specialist bank providing working capital solutions to dealers and manufacturers across the UK, announces the issuance of awards under the terms of the Distribution Finance Capital Holdings plc performance share plan ("PSP") to certain Directors of the Company.
The PSP award which are part of a three year incentive plan for a number of senior managers in the Company will vest three years from the Date of Grant, at no cost to the participant, in accordance with the rules of the PSP, provided that the participant remains in employment of the Group at the vesting date and subject to performance conditions having been met. Vesting of the award is subject to Return on Allocated Capital, Earning per Share, loan book growth and risk, culture and performance-related performance conditions. The number of shares shown below represents the potential maximum if all the performance conditions are achieved in full.
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
| a)
| Name(s) | 1. Carl D'Ammassa 2. Gavin Morris | |
| 2
| Reason for the notification | ||
| a) | Position/status
| 1. Chief Executive Officer 2. Chief Financial Officer | |
| b) | Initial notification/amendment
| Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
| a) | Name
| Distribution Finance Capital Holdings plc | |
| b) | LEI
| 2138004TJJJSFYYCWP10 | |
| 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 | Ordinary Shares of 1p each
Identification code: GB00BJ7HMR72
| |
| b) | Nature of the transaction | Grant of nil cost option to acquire Shares under the Distribution Finance Capital Holdings plc PSP.
| |
| c) | Price(s) and volume(s)
| Price | Volume |
| 1. n/a 2. n/a
| 1. 1,168,000 2. 753,000 | ||
| d) | Currency
| GBP - British Pound
| |
| e) | Aggregated information - Aggregated volume - Price |
n/a n/a | |
| f) | Date of the transaction
| 20 April 2023 | |
| g) | Place of the transaction | Outside a trading venue | |
For further information contact:
| Distribution Finance Capital Holdings plc | |
| Karen D'Souza - General Counsel and Company Secretary | +44 (0) 07715 317041 |
| | |
| | |
| | |
| Investec Bank plc (Nomad and Broker) | +44 (0) 207 597 5970 |
| David Anderson Bruce Garrow Harry Hargreaves Maria Gomez de Olea
| |
| Liberum Capital Limited (Joint Broker) | +44 (0) 203 100 2000 |
| Chris Clarke Lauren Kettle Antonia Brown | |
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