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Director/PDMR Shareholding

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RNS Number : 0578M
Morses Club PLC
25 July 2017
 

25 July 2017

 

Morses Club PLC

 

Director/PDMR Shareholding

 

Morses Club PLC ("Morses Club" or "the Company"), the UK's second largest home collected credit ("HCC") lender, announces that on 24 July 2017, Paul Smith, Chief Executive Officer of Morses Club, sold 327,580 ordinary shares of 1 pence each in the Company ("Shares") at a price of 130p per Share.

 

Mr Smith was required to undertake this transaction pursuant to a divorce settlement.

 

Following this transaction, Mr Paul Smith holds 327,420 Shares, which represents 0.025% of the Company's issued share capital.

 

DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Smith

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

Morses Club PLC

b)

Legal Entity Identifier

2138009PVBE5FDT58R09

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 1 pence each

  

GB00BZ6C4F71

b)

Nature of the transaction

Sale of shares

c)

Currency

GBP

d)

Price(s) and volume(s)

130.00 pence

327,580 shares


e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

327,580

130.00 pence per share

£425,854

f)

Date of the transaction

24 July 2017

g)

Place of the transaction

London Stock Exchange, AIM

  

 

Enquiries:

Morses Club PLC
Paul Smith, Chief Executive Officer
Andy Thomson, Chief Financial Officer
 

Tel: +44 (0) 330 045 0719

Numis Securities Limited (Nomad and Joint Broker)
Andrew Holloway
Charlie Farquhar

Paul Gillam

 

Tel: +44 (0) 20 7260 1000

Panmure Gordon (UK) Limited (Joint Broker)    
Richard Gray

Charles Leigh Pemberton

 

Tel: +44 (0) 20 7886 2500

Camarco
Ed Gascoigne-Pees
Jennifer Renwick

Tel: +44 (0) 20 3757 4984

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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