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PayPoint plc : Director/PDMR Shareholding

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13 June 2022

PAYPOINT PLC (THE ‘COMPANY’)

NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDINGS

Vesting of 2019 Paypoint Deferred Bonus Plan

The Company announces that, in accordance with the rules of the Company’s Deferred Bonus Plan (the “DBP”), following the completion of the three-year holding period, nil cost share options granted on 10 June 2019 were automatically exercised on 10 June 2022 by participants who have remained in the employment of the Company for the duration of the deferral period. Accordingly, the Persons Discharging Managerial Responsibility (‘PDMRs’) listed below have become the legal and beneficial owners of ordinary shares of the Company (‘shares’) as detailed below.

The midmarket value of the shares on the dealing day prior to the date of exercise was
£5.70 per share.

PDMRs

Awards granted

Dividend awards accrued during deferral period

Total awards exercised

Number of shares sold @ 567.366 pence per share to cover taxes due

Balance of shares retained

Alan Dale

1,025

267

1,292

630

662

Simon Coles

947

247

1,194

582

612

Jay Payne

208

54

262

132

130

Katy Wilde

1,483

387

1,870

909

961

2022 Paypoint Deferred Bonus Plan Awards

The Company announces that on 10 June 2022 in accordance with the rules of the DBP, the Remuneration Committee has granted the following deferred bonus awards to the Executive Directors and Persons Discharging Managerial Responsibility (‘PDMRs’) under the DBP.

In accordance with the rules, DBP awards were granted on 10 June 2022 at a price of £5.70 per share (being the closing mid-market price on the preceding dealing day) as follows:

Executive Director

DBP Award

Nick Wiles

16,645

Alan Dale

10,625


PDMR

DBP Award

Simon Coles

3,750

Ben Ford

3,577

Anna Holness

1,875

Mark Latham

3,125

Tanya Murphy

3,366

Jay Payne

1,750

Jo Toolan

1,516

Danny Vant

3,958

Katy Wilde

3,437

The release of DBP awards to participants is dependent upon continuous employment for a period of three years from the date of grant.

2022 Paypoint Restricted Share Plan Awards

The Company announces that on 10 June 2022 in accordance with the rules of the Company’s Restricted Share Plan (the 'RSP'), the Remuneration Committee has granted the following restricted share awards to the Executive Directors and Persons Discharging Managerial Responsibility (‘PDMRs’) under the RSP.

In accordance with the rules, RSP awards were granted on 10 June 2022 at a price of £5.70 per share (being the closing mid-market price on the preceding dealing day) as follows:

Executive Director

RSP Award

Nick Wiles

61,842

Alan Dale

32,894


PDMR

RSP Award

Simon Coles

7,894

Ben Ford

7,530

Mark Latham

6,578

Tanya Murphy

7,087

Steve O’Neill

3,189

Chris Paul

3,421

Jay Payne

3,947

Jo Toolan

5,701

Danny Vant

8,333

Katy Wilde

7,236

The release of RSP awards to participants is dependent upon continuous employment at the vesting date; satisfactory performance appraisals and the Committee being satisfied of the Company’s underlying performance and delivery against its strategy and plans.

The RSP awards granted to the PDMRS may vest (subject to the conditions outlined above) in full after 3 years from the date of grant (10 June 2025).

For the Executive Directors, the RSP awards vest as follows:

i)   50% of the award on 10 June 2025;

ii)   25% of the award on 10 June 2026;

iii)   the balance of the shares of the Award on 10 June 2027 (after deducting the Shares covered by sub-paragraph (i) and (ii)).

Enquiries:

PayPoint plc           
Brian McLelland, Company Secretary              
+44(0)7721211100
LEI: 5493004YKWI8U0GDD138


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