31 March 2023

LEI: 2138003EK6UAINBBUS19

 

Funding Circle Holdings plc (“the Company”)

Notification of Transactions by Persons Discharging Managerial Responsibility

2022 Deferred Bonus Awards

 

In accordance with the Company’s Remuneration Policy, on 30 March 2023 the Company granted Lisa Jacobs and Oliver White the following awards of nil cost options over ordinary shares of nominal value 0.1p in the capital of the Company:

 

Name of PDMR	Number of shares subject to Award
Lisa Jacobs (Chief Executive Officer)	166,110
Oliver White (Chief Financial Officer)	124,895

 

 

The deferred bonus awards represent forty per cent of the 2022 annual bonus for executive directors which is required to be deferred into ordinary shares and will vest after three years.

 

Full details of the Awards are disclosed in the Company’s 2022 Directors’ Remuneration Report which can be found in the Company’s Annual Report at: https://corporate.fundingcircle.com/investors/results-reports-presentations/

 

 

Restricted Share Awards

 

The following restricted share awards were granted to PDMRs of the Company on 30 March 2023 under the Funding Circle Holdings plc 2018 Long Term Incentive Plan in accordance with the Company’s Remuneration Policy:

 

 

PDMR	Number of shares subject to award
Lisa Jacobs (Chief Executive Officer)	358,177
Oliver White (Chief Financial Officer)	269,306

 

The restricted share awards were granted in the form of nil cost options over ordinary shares of 0.1 pence each in the Company with a three year vesting period, subject to performance underpins.  Following the end of the vesting period, the awards will be subject to a two year holding period.  For further information on the Company’s Remuneration Policy please see the 2020 Annual Report and Accounts at: https://corporate.fundingcircle.com/investors/results-reports-presentations/

 

 

 

 

 

 

 

The   notification   below,   made   in   accordance   with   the   requirements   of   Article   19 of   the   Market   Abuse Regulation, provides further detail:

 

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Lisa Jacobs Oliver White
2.	Reason for the notification
a)	Position/status:	(i) Chief Executive Officer (ii) Chief Financial Officer
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Funding Circle Holdings plc
b)	LEI:	2138003EK6UAINBBUS19
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 instrument, type of instrument:   Identification code:	Ordinary shares of 0.1 pence each     GB00BG0TPX62
b)	Nature of the transaction:	Award of nil cost options under the Funding Circle Holdings plc Deferred Bonus Plan
c)	Price(s) and volume(s):	Price(s) Volume(s) (i) Nil 166,110 (ii) Nil 124,895
d)	Aggregated information:   Aggregated volume:   Price:	N/A
e)	Date of the transaction:	30 March 2023
f)	Place of the transaction	The London Stock Exchange (XLON)

 

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Lisa Jacobs Oliver White
2.	Reason for the notification
a)	Position/status:	(i) Chief Executive Officer (ii) Chief Financial Officer
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Funding Circle Holdings plc
b)	LEI:	2138003EK6UAINBBUS19
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 instrument, type of instrument:   Identification code:	Ordinary shares of 0.1 pence each     GB00BG0TPX62
b)	Nature of the transaction:	Award of restricted shares, in the form of nil cost options, under the Funding Circle Holdings plc 2018 Long Term Incentive Plan.
c)	Price(s) and volume(s):	Price(s) Volume(s) (i) Nil 358,177 (ii) Nil 269,306
d)	Aggregated information:   Aggregated volume:   Price:	N/A
e)	Date of the transaction:	30 March 2023
f)	Place of the transaction	The London Stock Exchange (XLON)

 

Enquiries:

Funding Circle Investor Relations

Morten Singleton (+44 7736 297 929)

ir@fundingcircle.com

 

Funding Circle Media Relations

Abigail Whittaker (+44 7989 876136)

press@fundingcircle.com

 

Headland Consultancy

Mike Smith / Stephen Malthouse (+44 20 3805 4822)

 

About Funding Circle:

Funding Circle (LSE: FCH) is a lending platform for small business borrowers. Established in the UK in 2010, and now the leading lending platform to SMEs, the Group also has a material and growing presence in the US. Globally, Funding Circle has extended more than £15bn in credit to c.135,000 businesses.

For small business borrowers, Funding Circle provides a leading-edge customer experience, delivered through its technology, machine learning, and data science, coupled with a human touch. Its solutions continue to help customers access the funding they need to succeed.

For lending investors, Funding Circle provides access to an alternative asset class in an underserved market, and delivers robust and attractive returns.