leadf
logo-loader
RNS
viewPCF Group Plc

PCF Group PLC - Director Dealing

RNS Number : 7770V
PCF Group PLC
25 July 2018
 

25 July 2018

 

Private & Commercial Finance Group plc

 

("PCF", the "Company" or the "Group")

 

Director Dealing

 

The Company was informed on 25 July 2018 that on 24 July 2018, Scott Maybury, a director, completed the purchase of 55,500 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at a price of 35.9 pence and the sale of the same number of 55,500 Ordinary Shares at a price of 35.05 pence to facilitate a NISA transfer.  

 

Following these transactions, Mr Maybury's beneficial ownership remains unchanged at 1,717,653 Ordinary Shares, representing approximately 0.8 per cent of PCF's Ordinary Share capital.

 

- end -

 

For further information, please visit https://pcf.bank/ or contact:

 

PCF Group

Scott Maybury, Chief Executive Officer

Robert Murray, Managing Director

David Bull, Finance Director

 

Tel: +44 (0) 20 7222 2426

Tavistock (Financial PR and IR)

Simon Hudson / Edward Lee / Jos Simson

 

Tel: +44 (0) 20 7920 3150

Panmure Gordon (UK) Limited (Joint Broker and Nominated Adviser)

Atholl Tweedie - Corporate Finance

Charles Leigh-Pemberton - Corporate Broking

 

Tel: +44 (0) 20 7886 2500

Stockdale Securities (Joint Broker)

Robert Finlay / Richard Johnson - Corporate Finance

Henry Willcocks - Corporate Broking

Tel: +44 (0) 20 7601 6100

 

About PCF Group plc

Established in 1994, PCF Group plc is the AIM-listed parent of the specialist bank, PCF Bank Limited. As a bank, the Group has the capability to increase its lending portfolio significantly, with target portfolio sizes of £350 million in 2020 and £750 million in 2022. The Group will focus on portfolio quality by lending to prime segments of its existing finance markets. The Group will also seek to diversify its lending products and asset classes through acquisition.

 

PCF Bank currently offers retail savings products for individuals and then deploys those funds through its two lending divisions:

•      Consumer Finance which provides finance for motor vehicles to consumers; and

•      Business Finance which provides finance for vehicles, plant and equipment to SMEs.

 

The Group has a track record of strong financial performance and an efficient and scalable business model, with significant room to grow. Utilising its technologically advanced platform, the Bank provides both depositors and borrowers with a high level of service and a straightforward, simple range of products tailored to suit their needs.

 

For media enquiries please contact [email protected]

 

Note: This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them.

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Scott Maybury - Director

2

 

Reason for the notification

a)

 

Position/status

 

See 1(a) above for position - classified as a PDMR of PCF

b)

 

Initial notification /Amendment

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name

 

PCF Group plc

 

b)

 

LEI

213800UDT5QE28AFU288

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 5 pence each ("Ordinary Shares")

b)

Identification code 

 

GB0004189378

c)

 

Nature of the transaction 

 

Sale and purchase of Ordinary Shares

 

d)

 

Price(s) and volume(s)

Prices(s)

Volume(s)

35.9 pence

55,500

35.05 pence

55,500

d)

 

Aggregated information 

- Aggregated volume

- Price

55,500 Ordinary Shares (sold) at 35.05 pence per Ordinary Share

55,500 Ordinary Shares (bought) at 35.9 pence per Ordinary Share

 

e)

 

Date of the transaction 

24 July 2018

f)

 

Place of the transaction

London Stock Exchange, AIM Market (XLON)

Name of authorised official of issuer responsible for making notification:

Robert Murray

Company Secretary to PCF Group plc

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHEASXSAAEPEFF

Quick facts: PCF Group Plc

Price: -

Market: AIM
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

James Dolman discusses PCF Group's Interim results to end of March '18

James Dolman financial analyst at Capital Network is reporting significant progress across the business as PCF continues to grow according to its strategic plan.

on 05/31/2018

5 min read