12 February 2025
Fintel plc
(the "Company" or "Fintel")
Director / PDMR Dealing
Fintel plc, a leading independent provider of fintech and support services to the UK's retail financial services sector, is pleased to announce that the Company has been notified that the Directors of the Company named below and a person closely associated with one of those Directors have purchased ordinary shares of 1 pence each in the Company ("Shares") as listed below. The resulting interests of each of the Directors named below in the ordinary shares of the Company are also listed below.
| Name | Shares in Fintel before Purchase | Shares in Fintel purchased | Resulting number of Shares held
| % of total shares in issue |
| Matt Timmins (Joint CEO)1
| 3,461,079 | 34,987 | 3,496,066 | 3.36% |
| David Thompson (CFO)2
| 66,000 | 15,868 | 81,868 | 0.08% |
| Phil Smith (Non-Executive Chairman)
| 81,214 | 18,653 | 99,867 | 0.10% |
1The acquisition of Shares by Matt Timmins includes an aggregate 14,954 shares acquired by persons closely associated with him. Further details are provided below in the disclosure tables.
2The acquisition of Shares by David Thompson includes an aggregate 7,804 shares acquired by a person closely associated with him. Further details are provided below in the disclosure tables.
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 | Matthew Timmins |
| 2 | Reason for the notification | |
| a) | Position/status | Joint Chief Executive Officer (PDMR) |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Fintel plc |
| b) | LEI | 213800DXP1VY21GCTH04 |
| 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 Identification Code | Ordinary shares of 1 p each
ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Purchase of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | (a) Price(s): £2.6735 Volume(s): 17,204 (b) Price(s): £2.6504 Volume(s): 2,829 |
| d) | Aggregated information | Price(s): £2.6702 Volume(s): 20,033 |
| e) | Date of transaction | 11 February 2025 |
| f) | Place of transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Austen Timmins |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR Child (PCA to Matt Timmins, Joint Chief Executive Officer) |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Fintel plc |
| b) | LEI | 213800DXP1VY21GCTH04 |
| 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 Identification Code | Ordinary shares of 1 p each
ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Purchase of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | Price(s): £2.6735 Volume(s): 4,862
|
| d) | Aggregated information | Price(s): £2.6735 Volume(s): 4,862 |
| e) | Date of transaction | 11 February 2025 |
| f) | Place of transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Etta Timmins |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR Child (PCA to Matt Timmins, Joint Chief Executive Officer) |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Fintel plc |
| b) | LEI | 213800DXP1VY21GCTH04 |
| 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 Identification Code | Ordinary shares of 1 p each
ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Purchase of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | Price(s): £2.6735 Volume(s): 561
|
| d) | Aggregated information | Price(s): £2.6735 Volume(s): 561 |
| e) | Date of transaction | 11 February 2025 |
| f) | Place of transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Savannah Timmins |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR Child (PCA to Matt Timmins, Joint Chief Executive Officer) |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Fintel plc |
| b) | LEI | 213800DXP1VY21GCTH04 |
| 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 Identification Code | Ordinary shares of 1 p each
ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Purchase of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | Price(s): £2.6735 Volume(s): 6,539
|
| d) | Aggregated information | Price(s): £2.6735 Volume(s): 6,539 |
| e) | Date of transaction | 11 February 2025 |
| f) | Place of transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Natalie Timmins |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR Spouse (PCA to Matt Timmins, Joint Chief Executive Officer) |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Fintel plc |
| b) | LEI | 213800DXP1VY21GCTH04 |
| 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 Identification Code | Ordinary shares of 1 p each
ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Purchase of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | Price(s): £2.6735 Volume(s): 2,992
|
| d) | Aggregated information | Price(s): £2.6735 Volume(s): 2,992 |
| e) | Date of transaction | 11 February 2025 |
| f) | Place of transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | David Thompson |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer (PDMR) |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Fintel plc |
| b) | LEI | 213800DXP1VY21GCTH04 |
| 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 Identification Code | Ordinary shares of 1 p each
ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Purchase of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | Price(s): £2.6653 Volume(s): 8,064
|
| d) | Aggregated information | Price(s): £2.6653 Volume(s): 8,064 |
| e) | Date of transaction | 12 February 2025 |
| f) | Place of transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Claire Thompson |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR Spouse (PCA to David Thompson, 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 | Fintel plc |
| b) | LEI | 213800DXP1VY21GCTH04 |
| 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 Identification Code | Ordinary shares of 1 p each
ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Purchase of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | Price(s): £2.69 Volume(s): 7,804
|
| d) | Aggregated information | Price(s): £2.69 Volume(s): 7,804 |
| e) | Date of transaction | 12 February 2025 |
| f) | Place of transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Phillip Smith |
| 2 | Reason for the notification | |
| a) | Position/status | Non-Executive Chairman (PDMR) |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Fintel plc |
| b) | LEI | 213800DXP1VY21GCTH04 |
| 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 Identification Code | Ordinary shares of 1 p each
ISIN: GB00BG1THS43 |
| b) | Nature of the transaction | Purchase of ordinary shares of 1p each |
| c) | Price(s) and volume(s) | Price(s): £2.68 Volume(s): 18,653
|
| d) | Aggregated information | Price(s): £2.68 Volume(s): 18,653 |
| e) | Date of transaction | 12 February 2025 |
| f) | Place of transaction | London Stock Exchange, AIM |
For further information please contact:
| Fintel plc Matt Timmins (Joint Chief Executive Officer) Neil Stevens (Joint Chief Executive Officer) David Thompson (Chief Financial Officer)
| via MHP Group |
| Zeus (Nominated Adviser and Joint Broker) Martin Green Dan Bate
| +44 (0) 20 3829 5000 |
| Investec Bank (Joint Broker) David Anderson Kamalini Hull
| +44 (0) 20 7597 5970 |
| MHP Group (Financial PR) Reg Hoare Robert Collett-Creedy
| +44 (0) 20 3128 8147 |
Notes to Editors
Fintel is a UK fintech and support services business, combining award-winning intermediary business support services, and leading research, ratings and fintech businesses.
Fintel provides technology, compliance and regulatory support to thousands of intermediary firms, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions. We serve our customers through three core divisions:
The Intermediary Services division provides technology, compliance, and regulatory support to thousands of intermediary businesses through a comprehensive membership model. Members include directly authorised IFAs, Wealth Managers and Mortgage Brokers.
The Distribution Channels division delivers market Insight and analysis and targeted distribution strategies to financial institutions and product providers. Clients include major Life and Pension companies, Investment Houses, Banks, and Building Societies.
The Fintech and Research division (Defaqto) provides market leading software, financial information and product research to product providers and intermediaries. Defaqto also provides product ratings (Star Ratings) on thousands of financial products. Financial products are expertly reviewed by the Defaqto research team and are compared and rated based on their underlying features and benefits. Defaqto ratings help consumers compare and buy financial products with confidence.
For more information about Fintel, please visit the website: www.wearefintel.com
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