TIDMFCH

RNS Number : 0360J

Funding Circle Holdings PLC

17 December 2020

17 December 2020

LEI: 2138003EK6UAINBBUS19

Funding Circle Holdings plc (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") - 2020 Share Incentive Plan

The Company announces that on 16 December 2020, 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 receive one free 'Matching Share' for each Partnership Share purchased.

Details of the Partnership Shares acquired on behalf of, and the Matching Shares awarded to, PDMRs under the SIP are set out below:

 
 Name of PDMR    Number of Partnership   Number of Matching 
                  Shares                  Shares 
 Samir Desai     179                     179 
                ----------------------  ------------------- 
 Oliver White    179                     179 
                ----------------------  ------------------- 
 

Further details are set out below in accordance with Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                  (i) Samir Desai 
                                              (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      Ordinary shares of 0.1 pence each 
       instrument, type of 
       instrument: 
     --------------------------------  ------------------------------------- 
 b)   Identification code:              GB00BG0TPX62 
     --------------------------------  ------------------------------------- 
 c)   Nature of the transaction:        Acquisition of Partnership Shares 
                                         under the Funding Circle Holdings 
                                         plc Share Incentive Plan 
     --------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s):                   Price(s)          Volume(s) 
                                                (i) 83.8 pence     179 
                                                                  ---------- 
                                                (ii) 83.8 pence    179 
                                                                  ---------- 
     --------------------------------  ------------------------------------- 
 e)   Aggregated information:              Aggregated        Aggregated 
                                               volume       price (weighted 
       Aggregated volume:                                      average) 
                                                (i) 179    83.8 pence 
       Price:                                             ----------------- 
                                                (ii) 179   83.8 pence 
                                                          ----------------- 
     --------------------------------  ------------------------------------- 
 f)   Date of the transaction:          16 December 2020 
     --------------------------------  ------------------------------------- 
 g)   Place of the transaction          The London Stock Exchange (XLON) 
     --------------------------------  ------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                   (i) Samir Desai 
                                               (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       Ordinary shares of 0.1 pence each 
       instrument, type of 
       instrument: 
     ---------------------------------  ------------------------------------ 
 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):                 Price(s)      Volume(s) 
                                                 (i) Nil        179 
                                                            ---------- 
                                                 (ii) Nil       179 
                                                            ---------- 
     ---------------------------------  ------------------------------------ 
 e)   Aggregated information:               Aggregated        Aggregated 
                                                volume       price (weighted 
                                                                average) 
                                                 (i) 179          Nil 
                                                           ----------------- 
                                                 (ii) 179         Nil 
                                                           ----------------- 
     ---------------------------------  ------------------------------------ 
 f)   Date of the transaction:           16 December 2020 
     ---------------------------------  ------------------------------------ 
 g)   Place of the transaction           The London Stock Exchange (XLON) 
     ---------------------------------  ------------------------------------ 
 

Media Enquiries:

Funding Circle

press@fundingcircle.com (020 3667 2245)

Headland

Mike Smith ( 020 3805 4822 )

Stephen Malthouse ( 020 3805 4822 )

About Funding Circle:

Funding Circle (LSE: FCH) is a small and medium enterprise loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including retail investors, banks, specialty finance companies, asset management companies, insurance companies, government-backed entities and funds - have lent approximately GBP10 billion to 90,000 businesses globally.

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBDBDDBUBDGGR

(END) Dow Jones Newswires

December 17, 2020 08:00 ET (13:00 GMT)