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Private & Comm. Fin. - Director Dealing

RNS Number : 4149B
Private & Commercial Fin Group Plc
03 April 2017
 

3 April 2017

 

Private & Commercial Finance Group plc

 

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

 

Director Dealing

 

The Company was informed today that, on 31 March 2017, Scott Maybury a director of the Company, sold 42,500 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at a price of 26.01 pence per Ordinary Share and then repurchased, into his ISA, the same number of 42,500 Ordinary Shares at a price of 26.67 pence per Ordinary Share to facilitate an ISA transfer.  

 

Following these transactions, Mr Maybury's beneficial ownership remains unchanged at 1,717,653 Ordinary Shares, representing approximately 1.0 per cent of PCFG's issued Ordinary Share capital.

 

- end -

 

For further information, please contact:

 

Private & Commercial Finance Group

Scott Maybury, Chief Executive Officer

Robert Murray, Managing Director

David Bull, Finance Director

 

 

Tel: +44 (0) 20 7222 2426

Tavistock Communications

Jos Simson / Niall Walsh

 

 

Tel: +44 (0) 20 7920 3150

Panmure Gordon (UK) Limited

Atholl Tweedie / Adam James - Corporate Finance

Charles Leigh-Pemberton - Corporate Broking

 

 

Tel: +44 (0) 20 7886 2500

Stockdale Securities

Robert Finlay / Richard Johnson - Corporate Finance

Henry Willcocks - Corporate Broking

 

 

Tel: +44 (0) 20 7601 6100

 

 

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 - CEO

2

 

Reason for the notification

a)

 

Position/status

 

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

b)

 

Initial notification /Amendment

 

Initial

3

 

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

a)

 

Name

 

Private & Commercial Finance 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 

 

Transfer of Ordinary Shares to ISA

 

d)

 

Price(s) and volume(s)

Prices(s)

Volume(s)

26.01 pence

42,500

26.67 pence

42,500

d)

 

Aggregated information 

- Aggregated volume

- Price

42,500 Ordinary Shares (sold) at 26.01 pence per Ordinary Share

42,500 Ordinary Shares (bought) at 26.67 pence per Ordinary Share

e)

 

Date of the transaction 

31 March 2017

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 Private & Commercial Finance Group plc

 

About Private & Commercial Finance Group plc (www.pcfg.co.uk)

 

Established in 1994, Private & Commercial Finance Group plc is an AIM-quoted specialist bank which has two main operating 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 highly efficient and scalable business model, utilising its specially developed internet-based proposal system to service national networks of brokers and suppliers.

 

 

Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) Number 596/2014) prior to its release as part of this announcement.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Quick facts: PCF Group Plc

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Market: AIM
Market Cap: -
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