PayPoint plc : Director/PDMR Shareholding

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