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CAB Payments Holdings plc announced on 24 March 2026 that on 20 March 2026, seven directors/PDMRs were granted Performance Share Awards under its Long Term Incentive Plan. These awards, granted at a nil price, are conditional on achieving specific adjusted Earnings Per Share (EPS), cost-income ratio, and Adjusted EBITDA per average FTE targets. The individual awards were 149,216 shares for Neeraj Kapur, 29,473 for James Hopkinson, 44,684 for David Bee, 26,394 for Clare Davies, 34,754 for Stuart Houlston, 29,789 for Simon Ramage, and 37,237 for Matthew Talty.
| Date | 24 Mar 2026 |
| Time | 09:55:09 |
| Category | Director/PDMR dealings |
| ID | 8759X |
24 March 2026
CAB Payments Holdings plc and its subsidiaries
("CAB Payments", the "Group" or the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them
The Company announces that on 20 March 2026 the following directors / persons discharging managerial responsibility ('PDMR') were granted a Performance Share Award (the 'Award') under the Company's Long Term Incentive Plan (the 'LTIP').
|
Name of eligible employee
|
Maximum number of Shares subject to the Award* |
|
Neeraj Kapur |
149,216 |
|
James Hopkinson |
29,473 |
|
David Bee |
44,684 |
|
Clare Davies |
26,394 |
|
Stuart Houlston |
34,754 |
|
Simon Ramage |
29,789 |
|
Matthew Talty |
37,237 |
Vesting of the above LTIP awards is conditional on the achievement of stretching adjusted Earnings Per Share (EPS) targets (for 60% of the award), cost-income ratio targets (for 20% of the award) and Adjusted EBITDA per average FTE (for 20% of the award). No consideration was paid for the grant of each award and no price is payable on vesting. Shares from vested awards are required to be held for a further two years.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Neeraj Kapur |
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
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 |
CAB Payments Holdings plc |
|
|
b) |
LEI |
8945007OZHZDN4LW1G21 |
|
|
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 0.033⅓ pence each
GB00BMCYKB41 |
|
|
b) |
Nature of the transaction |
Award of bonus shares subject to 3-year holding period |
|
|
c) |
Price(s) and volume(s) |
Price(s) Nil |
Volume(s) 149,216 |
|
d) |
Aggregated information - Aggregated volume
- Price
|
149,216 ordinary shares
Nil |
|
|
e) |
Date of the transaction |
20 March 2026 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
James Hopkinson |
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
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 |
CAB Payments Holdings plc |
|
|
b) |
LEI |
8945007OZHZDN4LW1G21 |
|
|
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 0.033⅓ pence each
GB00BMCYKB41 |
|
|
b) |
Nature of the transaction |
Award of bonus shares subject to 3-year holding period |
|
|
c) |
Price(s) and volume(s) |
Price(s) Nil |
Volume(s) 29,473 |
|
d) |
Aggregated information - Aggregated volume
- Price
|
29,473 ordinary shares
Nil |
|
|
e) |
Date of the transaction |
20 March 2026 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
David Bee |
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
Chief Commercial Officer |
|
|
b) |
Initial notification/ Amendment |
Initial notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
CAB Payments Holdings plc |
|
|
b) |
LEI |
8945007OZHZDN4LW1G21 |
|
|
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 0.033⅓ pence each
GB00BMCYKB41 |
|
|
b) |
Nature of the transaction |
Award of bonus shares subject to 3-year holding period |
|
|
c) |
Price(s) and volume(s) |
Price(s) Nil |
Volume(s) 44,684 |
|
d) |
Aggregated information - Aggregated volume
- Price
|
44,684 ordinary shares
Nil |
|
|
e) |
Date of the transaction |
20 March 2026 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Clare Davies |
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
Chief Risk Officer |
|
|
b) |
Initial notification/ Amendment |
Initial notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
CAB Payments Holdings plc |
|
|
b) |
LEI |
8945007OZHZDN4LW1G21 |
|
|
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 0.033⅓ pence each
GB00BMCYKB41 |
|
|
b) |
Nature of the transaction |
Award of bonus shares subject to 3-year holding period |
|
|
c) |
Price(s) and volume(s) |
Price(s) Nil |
Volume(s) 26,394 |
|
d) |
Aggregated information - Aggregated volume
- Price
|
26,394 ordinary shares
Nil |
|
|
e) |
Date of the transaction |
20 March 2026 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Stuart Houlston |
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
Chief Operating Officer |
|
|
b) |
Initial notification/ Amendment |
Initial notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
CAB Payments Holdings plc |
|
|
b) |
LEI |
8945007OZHZDN4LW1G21 |
|
|
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 0.033⅓ pence each
GB00BMCYKB41 |
|
|
b) |
Nature of the transaction |
Award of bonus shares subject to 3-year holding period |
|
|
c) |
Price(s) and volume(s) |
Price(s) Nil |
Volume(s) 34,754 |
|
d) |
Aggregated information - Aggregated volume
- Price
|
34,754 ordinary shares
Nil |
|
|
e) |
Date of the transaction |
20 March 2026 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Simon Ramage |
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
General Counsel |
|
|
b) |
Initial notification/ Amendment |
Initial notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
CAB Payments Holdings plc |
|
|
b) |
LEI |
8945007OZHZDN4LW1G21 |
|
|
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 0.033⅓ pence each
GB00BMCYKB41 |
|
|
b) |
Nature of the transaction |
Award of bonus shares subject to 3-year holding period |
|
|
c) |
Price(s) and volume(s) |
Price(s) Nil |
Volume(s) 29,789
|
|
d) |
Aggregated information - Aggregated volume
- Price
|
29,789 ordinary shares
Nil |
|
|
e) |
Date of the transaction |
20 March 2026 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Matthew Talty |
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
Head of Banking |
|
|
b) |
Initial notification/ Amendment |
Initial notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
CAB Payments Holdings plc |
|
|
b) |
LEI |
8945007OZHZDN4LW1G21 |
|
|
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 0.033⅓ pence each
GB00BMCYKB41 |
|
|
b) |
Nature of the transaction |
Award of bonus shares subject to 3-year holding period |
|
|
c) |
Price(s) and volume(s) |
Price(s) Nil |
Volume(s) 37,237 |
|
d) |
Aggregated information - Aggregated volume
- Price
|
37,237 ordinary shares
Nil |
|
|
e) |
Date of the transaction |
20 March 2026 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
Enquiries:
Lesley Martin - Company Secretary
Lesley.martin@crownagentsbank.com