TIDMALFA

RNS Number : 4644R

Alfa Financial Software Hldgs PLC

14 June 2018

14 June 2018

Alfa Financial Software Holdings PLC

PDMR shareholding

Alfa Financial Software Holdings PLC ("Alfa" or the "Company"), a leading developer of mission critical software for the asset finance industry, announces that on 13 June 2018, the GBP0.01 ordinary shares in the Company (the "Shares") set out in the table below were released to, and sold by, PDMRs.

The release, and subsequent sale of shares, is the first release occasion following the Company's IPO in June 2017 and represents 25% of the PDMR's beneficial share ownership. The release has been made in accordance with the terms of the Nominee Agreements between the PDMRs and the trustee of the Company's Employee Benefit Trust (the "Trust"). The principal terms of the Nominee Agreements are described in the IPO prospectus available from the Company's website https://investors.alfasystems.com/

 
 PDMR             Number of shares     Number of shares beneficially 
                   released and sold    held by the Trust after release 
                   in June 2018         and sale in June 2018 
 Lucy Matthews    110,478              331,437 
 Michael Mayes    276,183              828,552 
 Claire Mayes*    110,478              331,437 
 Ralph Neuff      276,183              828,552 
 Steve Taplin     331,410              994,231 
 Matthew White    276,183              828,552 
 

* Person Closely Associated with Michael Mayes

The shares were sold on 13 June 2018 at GBP1.85 per share. Formal notifications in respect of the PDMRs are below:

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      Lucy Matthews 
 2    Reason for the notification 
 a)   Position/status                           Chief People Officer (PDMR) 
 b)   Initial notification/amendment            Initial notification 
 3     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer 
        or auction monitor 
 a)   Name                                      Alfa Financial Software Holdings 
                                                 PLC 
 b)   LEI                                       213800C5UOZHUTNUGA28 
 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 GBP0.01 
       instrument, type of instrument 
 
       Identification code                       GB00BDHXPG30 
 b)   Nature of the transaction                 Vesting of share awards under 
                                                 the Company's 2014 share plan 
 c)   Price and volume                           Price      Volume 
                                                  GBP1.85    110,478 
 d)   Aggregated information                    n/a single transaction 
 e)   Date of transaction                       13 June 2018 
 f)   Place of transaction                      London Stock Exchange XLON 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      Michael Mayes 
 2    Reason for the notification 
 a)   Position/status                           Chief Commerical Officer (PDMR) 
 b)   Initial notification/amendment            Initial notification 
 3     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer 
        or auction monitor 
 a)   Name                                      Alfa Financial Software Holdings 
                                                 PLC 
 b)   LEI                                       213800C5UOZHUTNUGA28 
 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 GBP0.01 
       instrument, type of instrument 
 
       Identification code                       GB00BDHXPG30 
 b)   Nature of the transaction                 Vesting of share awards under 
                                                 the Company's 2014 share plan 
 c)   Price and volume                           Price      Volume 
                                                  GBP1.85    276,183 
 d)   Aggregated information                    n/a single transaction 
 e)   Date of transaction                       13 June 2018 
 f)   Place of transaction                      London Stock Exchange XLON 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      Claire Mayes 
 2    Reason for the notification 
 a)   Position/status                           PCA of Michael Mayes (PDMR) 
 b)   Initial notification/amendment            Initial notification 
 3     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer 
        or auction monitor 
 a)   Name                                      Alfa Financial Software Holdings 
                                                 PLC 
 b)   LEI                                       213800C5UOZHUTNUGA28 
 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 GBP0.01 
       instrument, type of instrument 
 
       Identification code                       GB00BDHXPG30 
 b)   Nature of the transaction                 Vesting of share awards under 
                                                 the Company's 2014 share plan 
 c)   Price and volume                           Price      Volume 
                                                  GBP1.85    110,478 
 d)   Aggregated information                    n/a single transaction 
 e)   Date of transaction                       13 June 2018 
 f)   Place of transaction                      London Stock Exchange XLON 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      Ralph Neuff 
 2    Reason for the notification 
 a)   Position/status                           Chief Information Officer 
                                                 (PDMR) 
 b)   Initial notification/amendment            Initial notification 
 3     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer 
        or auction monitor 
 a)   Name                                      Alfa Financial Software Holdings 
                                                 PLC 
 b)   LEI                                       213800C5UOZHUTNUGA28 
 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 GBP0.01 
       instrument, type of instrument 
 
       Identification code                       GB00BDHXPG30 
 b)   Nature of the transaction                 Vesting of share awards under 
                                                 the Company's 2014 share plan 
 c)   Price and volume                           Price      Volume 
                                                  GBP1.85    276,183 
 d)   Aggregated information                    n/a single transaction 
 e)   Date of transaction                       13 June 2018 
 f)   Place of transaction                      London Stock Exchange XLON 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                     Steve Taplin 
 2    Reason for the notification 
 a)   Position/status                          Head of Global Sales and Marketing 
                                                (PDMR) 
 b)   Initial notification/amendment           Initial notification 
 3     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer 
        or auction monitor 
 a)   Name                                     Alfa Financial Software Holdings 
                                                PLC 
 b)   LEI                                      213800C5UOZHUTNUGA28 
 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 GBP0.01 
       instrument, type of instrument 
 
       Identification code                      GB00BDHXPG30 
 b)   Nature of the transaction                Vesting of share awards under 
                                                the Company's 2014 share plan 
 c)   Price and volume                          Price      Volume 
                                                 GBP1.85    331,410 
 d)   Aggregated information                   n/a single transaction 
 e)   Date of transaction                      13 June 2018 
 f)   Place of transaction                     London Stock Exchange XLON 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      Matthew White 
 2    Reason for the notification 
 a)   Position/status                           Delivery Director (PDMR) 
 b)   Initial notification/amendment            Initial notification 
 3     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer 
        or auction monitor 
 a)   Name                                      Alfa Financial Software Holdings 
                                                 PLC 
 b)   LEI                                       213800C5UOZHUTNUGA28 
 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 GBP0.01 
       instrument, type of instrument 
 
 
       Identification code                       GB00BDHXPG30 
 b)   Nature of the transaction                 Vesting of share awards under 
                                                 the Company's 2014 share plan 
 c)   Price and volume                           Price      Volume 
                                                  GBP1.85    276,183 
 d)   Aggregated information                    n/a single transaction 
 e)   Date of transaction                       13 June 2018 
 f)   Place of transaction                      London Stock Exchange XLON 
 

Enquiries

 
 Alfa Financial Software Holdings PLC 
  Andrew Denton, Chief Executive Officer 
  Viv Maclachlan, Chief Financial Officer    +44 (0)20 7588 1800 
 Tulchan Communications LLP 
  James Macey White 
  Matt Low                                   +44 (0)20 7353 4200 
 

Notes to Editors

Alfa has been delivering systems and consultancy services to the global asset and automotive finance industry since 1990. Our best practice methodologies and specialised knowledge of asset finance mean that we deliver the largest software implementations and most complex business change projects. With an excellent delivery history over nearly three decades in the industry, Alfa's track record is unrivalled.

Alfa Systems, our class-leading technology platform, is at the heart of some of the world's largest asset finance companies. Key to the business case for each implementation is Alfa Systems' ability to replace multiple client systems on a single platform. Alfa Systems supports both retail and corporate business for automotive, equipment, wholesale and dealer finance on a multijurisdictional basis, including leases/loans, originations and servicing. An end-to-end solution with integrated workflow and automated processing using business rules, the opportunities that Alfa Systems presents to asset finance companies are clear and compelling.

With over 30 clients utilising Alfa in 26 countries, Alfa has offices in Europe, Asia-Pacific and North America. For more information, visit www.alfasystems.com.

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.

END

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