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Vanquis Banking Group plc announced on 18 November 2024 that the Trustee of its Share Incentive Plan completed transactions on 14 November 2024 for Chief Financial Officer Dave Watts. These transactions included the purchase of 395 Ordinary Shares at £0.38 per share and the award of 99 Ordinary Shares at Nil price, both under the company's Buy As You Earn Share Incentive Plan.
| Date | 18 Nov 2024 |
| Time | 16:00:00 |
| Category | Director/PDMR dealings |
| ID | 6294M |
Vanquis Banking Group plc ("the Company")
Director/PDMR Transaction - Initial Notification
The Company has been notified that on 14 November 2024, the Trustee of the Share Incentive Plan purchased Ordinary Shares of 20 8/11p ("Ordinary Shares") on behalf of the following persons discharging managerial responsibility ('PDMRs').
Notification and public disclosure of transactions by persons discharging managerial responsibilities
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1
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Details of the person discharging managerial responsibilities |
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a)
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Name
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Dave Watts |
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2
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Reason for the notification
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a)
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Position/status
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Chief Financial Officer |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Vanquis Banking Group plc |
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b)
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LEI
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213800U93SZC44VXN635 |
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4
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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)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary Shares of 20 8/11p
GB00B1Z4ST84
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b)
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Nature of the transaction
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Monthly purchase of Partnership Shares under the Vanquis Banking Group plc Buy As You Earn Share Incentive Plan |
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c)
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Price(s) and volume(s)
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|
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A (Single transaction) |
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e)
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Date of the transaction |
14 November 2024 |
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f)
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Place of the transaction
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London Stock Exchange (XLON) |
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1
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Details of the person discharging managerial responsibilities |
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|
a)
|
Name
|
Dave Watts |
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|
2
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Reason for the notification
|
|||||
|
a)
|
Position/status
|
Chief Financial Officer |
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|
b)
|
Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a)
|
Name |
Vanquis Banking Group plc |
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b)
|
LEI |
213800U93SZC44VXN635 |
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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
|
|||||
|
a)
|
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of 20 8/11p
GB00B1Z4ST84
|
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b)
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Nature of the transaction
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Monthly award of Matching Shares under the Vanquis Banking Group plc Buy As You Earn Share Incentive Plan |
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c)
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Price(s) and volume(s)
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|
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d)
|
Aggregated information
- Aggregated volume
- Price
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N/A (Single transaction) |
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e)
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Date of the transaction |
14 November 2024 |
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f)
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Place of the transaction
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N/A |
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Name of authorised official of issuer responsible for making notification:
Elizabeth McClure, Deputy Company Secretary
Date of Notification:
18 November 2024