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 | |||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.