PCF Group PLC Director/PDMR Shareholding (6436U)
October 26 2017 - 2:00AM
UK Regulatory
TIDMPCF
RNS Number : 6436U
PCF Group PLC
26 October 2017
26 October 2017
PCF Group plc
("PCF", the "Bank" or the "Company")
Director Dealing
The Company was informed on 25 October 2017 that on 25 October
2017, Mark Brown a non-executive director of the Company, purchased
55,000 ordinary shares of 5 pence each in the Company ("Ordinary
Shares") at a price of 28.0 pence.
Following this transaction, Mr Brown's beneficial ownership
increased to 135,000 Ordinary Shares, representing approximately
0.06 per cent of PCF's issued ordinary share capital.
- end -
For further information, please contact:
PCF Group Tel: +44 (0)
Scott Maybury, Chief Executive 20 7222 2426
Officer
Robert Murray, Managing Director
David Bull, Finance Director
Tavistock Communications Tel: +44 (0)
Jos Simson / Andrew Dunn 20 7920 3150
Panmure Gordon (UK) Limited Tel: +44 (0)
Atholl Tweedie / Adam James 20 7886 2500
- Corporate Finance
Charles Leigh-Pemberton - Corporate
Broking
Stockdale Securities Tel: +44 (0)
Robert Finlay / Richard Johnson 20 7601 6100
- Corporate Finance
Henry Willcocks - Corporate
Broking
About PCF Group plc (www.pcf.bank)
Established in 1994, PCF Group plc is the AIM-quoted parent of
the specialist bank, PCF Bank Limited. With the advent of the
banking operation the Group now has the capability to increase its
lending portfolio significantly, with target portfolio sizes of
GBP350m in 2020 and GBP750m in 2022. The Group will retain its
focus on portfolio quality, and has the capability to lend
increasingly to prime segments of the finance market.
PCF Bank offers retail savings products for individuals and
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
will provide 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 media@pcf.bank
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 Mark Brown - Non-Executive Director
--- ------------------------ ------------------------------------
2 Reason for the notification
--- --------------------------------------------------------------
a) Position/status See 1(a) above for position
- classified as a PDMR of PCFG
--- ------------------------ ------------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ ------------------------------------
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 Ordinary shares of 5 pence each
the financial ("Ordinary Shares")
instrument, type
of instrument
--- ------------------------ ------------------------------------
b) Identification GB0004189378
code
--- ------------------------ ------------------------------------
c) Nature of the Purchase of Ordinary Shares
transaction
--- ------------------------ ------------------------------------
d) Price(s) and Prices(s) Volume(s)
volume(s) ----------- ----------
28 pence 55,000
----------- ----------
--- ------------------------ ------------------------------------
d) Aggregated information 55,000 shares at 28 pence
- Aggregated
volume
- Price
--- ------------------------ ------------------------------------
e) Date of the transaction 25 October 2017
--- ------------------------ ------------------------------------
f) Place of the London Stock Exchange, AIM Market
transaction (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 company news service from the London Stock Exchange
END
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