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On 16 June 2022, Funding Circle Holdings plc announced that PDMRs Lisa Jacobs (CEO) and Oliver White (CFO) each acquired 3,005 Partnership Shares at 59.9 pence per share under the Company's Share Incentive Plan. Concurrently, both Lisa Jacobs and Oliver White were each awarded 3,005 Matching Shares at a nil price through the same plan.
| Date | 17 Jun 2022 |
| Time | 16:00:05 |
| Category | Director/PDMR dealings |
| ID | 3445P |
17 June 2022
LEI: 2138003EK6UAINBBUS19
Funding Circle Holdings plc (the Company)
Notification of Transactions by Persons Discharging Managerial Responsibility (PDMR)
Participation in the Share Incentive Plan
The Company announces that on 16 June 2022, PDMRs of the Company acquired a further interest in the Company's shares as a result of their participation in the Funding Circle Holdings plc Share Incentive Plan (the "SIP").
The SIP is an HMRC approved all employee share plan, under which employees are able to purchase 'Partnership Shares' using deductions from salary each month and/or make a lump sum payment from their salary. For each Partnership Share purchased employees receive one free 'Matching Share'.
Details of the Partnership Shares acquired on behalf of, and the Matching Shares awarded to, PDMRs under the SIP, both of whom opted to make a lump sum payment in May 2022, are set out below:
|
Name of PDMR |
Number of Partnership Shares |
Number of Matching Shares |
|
Lisa Jacobs |
3,005 |
3,005 |
|
Oliver White |
3,005 |
3,005 |
Further information is set out below in accordance with Article 19 of the Market Abuse Regulation.
Acquisition of Partnership Shares
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
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|
a) |
Name: |
(i) Lisa Jacobs (ii) Oliver White |
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|
2. |
Reason for the notification |
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|
a) |
Position/status: |
(i) Chief Executive Officer (ii) Chief Financial Officer |
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|
b) |
Initial notification/Amendment: |
Initial notification |
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|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name: |
Funding Circle Holdings plc |
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|
b) |
LEI: |
2138003EK6UAINBBUS19 |
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|
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 |
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|
a) |
Description of the financial instrument, type of instrument: |
Ordinary shares of 0.1 pence each
|
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|
b) |
Identification code: |
GB00BG0TPX62 |
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|
c) |
Nature of the transaction: |
Acquisition of Partnership Shares under the Funding Circle Holdings plc Share Incentive Plan |
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|
d) |
Price(s) and volume(s): |
|
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|
e) |
Aggregated information:
Aggregated volume:
Price: |
|
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|
f) |
Date of the transaction: |
16 June 2022 |
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|
g) |
Place of the transaction |
The London Stock Exchange (XLON) |
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Award of Matching Shares
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name: |
(i) Lisa Jacobs (ii) Oliver White |
||||||
|
2. |
Reason for the notification |
|||||||
|
a) |
Position/status: |
(i) Chief Executive Officer (ii) 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: |
Funding Circle Holdings plc |
||||||
|
b) |
LEI: |
2138003EK6UAINBBUS19 |
||||||
|
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 0.1 pence each
|
||||||
|
b) |
Identification code: |
GB00BG0TPX62 |
||||||
|
c) |
Nature of the transaction: |
Award of Matching Shares under the Funding Circle Holdings plc Share Incentive Plan |
||||||
|
d) |
Price(s) and volume(s): |
|
||||||
|
e) |
Aggregated information:
|
|
||||||
|
f) |
Date of the transaction: |
16 June 2022 |
||||||
|
g) |
Place of the transaction |
The London Stock Exchange (XLON) |
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Investor relations and media relations:
Media relations
Abigail Whittaker - Director of Communications (07989 876136)
Headland Consultancy - Mike Smith / Stephen Malthouse (020 3805 4822)
About Funding Circle:
Funding Circle (LSE: FCH) is a small and medium enterprise ("SME") loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including banks, asset management companies, insurance companies, government-backed entities, retail investors and funds - have lent more than £12 billion to 100,000 businesses globally.