Virgin Money Holdings (UK) PLC Director/PDMR Shareholding (1442M)
July 26 2017 - 6:00AM
UK Regulatory
TIDMVM.
RNS Number : 1442M
Virgin Money Holdings (UK) PLC
26 July 2017
26 July 2017
VIRGIN MONEY HOLDINGS (UK) PLC (the Company)
ISIN: GB00BQ8P0644
NOTIFICATION OF TRANSACTIONS BY DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
VESTINGS UNDER THE DEFERRED BONUS SHARE PLAN (DBSP) RECRUITMENT
AWARDs
On 25 July 2017, a vesting took place under the DBSP in respect
of an award made to Peter Bole (a PDMR of the Company) under the
terms of his appointment by the Company to compensate for forfeited
awards from previous employment.
Following receipt of notification on 25 July 2017, details of
the shares that vested and the portion sold to cover tax are
included in the detailed disclosures below.
All transactions took place in the UK and the Shares are listed
on the London Stock Exchange.
This notification is made in accordance with the Market Abuse
Regulation, Article 19(3), further details below.
1. Details of the person discharging managerial
responsibilities/person closely associated
---------------------------------------------------------------------
Name: Peter Bole
-------------------------------- -----------------------------------
2. Reason for the notification
---------------------------------------------------------------------
Position/status Chief Financial Officer
-------------------------------- -----------------------------------
Initial notification/amendments Initial notification
-------------------------------- -----------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK) plc
entity
-------------------------------- -----------------------------------
Legal Entity Identifier 213800TAU9ZX2WZNCO64
code
-------------------------------- -----------------------------------
4. Details of the transaction(s)
---------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p each
instrument, type
of instrument
---------------------------------- ---------------------------------
Identification code GB00BQ8P0644
---------------------------------- ---------------------------------
Nature of transaction Receipt of shares and subsequent
sale of shares to cover tax
liabilities on vesting of
share awards made under the
Deferred Bonus Share Plan
(DBSP).
---------------------------------- ---------------------------------
Currency GBP
---------------------------------- ---------------------------------
Price and volume 15,810 shares vested. 7,458
shares sold to cover tax at
GBP2.9840 per share.
---------------------------------- ---------------------------------
Aggregated information See above
---------------------------------- ---------------------------------
Date of transaction 25 July 2017
---------------------------------- ---------------------------------
Place of transaction London Stock Exchange (XLON)
---------------------------------- ---------------------------------
Enquiries:
Virgin Money Investor Relations
Adam Key
020 7111 1311 or adam.key@virginmoney.com
Virgin Money Company Secretary
Katie Marshall
0191 279 6482 or katie.marshall@virginmoney.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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