Highlights
IntegraFin Holdings plc directors received allocations under the Share Incentive Plan.
Allocated shares include partnership and matching shares at a set price per share.
Notifications are reported in line with UK Market Abuse Regulation requirements.
IntegraFin Holdings plc (LON:IHP), part of the financial services sector, has recently disclosed transactions involving its directors under the company's Share Incentive Plan. The firm, listed on the London Stock Exchange under the LON/LSE ticker, confirmed that ordinary shares were allocated to key executives through the plan.
Director Allocations
The allocations involved partnership shares and matching shares under the company's FTSE 350 today framework. Directors Alexander Scott, David Johnson, and Euan Marshall were beneficiaries of these transactions. The partnership shares were purchased by the trustee of the Share Incentive Plan at a fixed price per share. Matching shares were then allocated in accordance with the plan's provisions.
Transaction Details
The transaction details include the total number of shares allocated to each director. Alexander Scott, holding the position of CEO, received a combination of partnership and matching shares. David Johnson, serving as Group Counsel, and Euan Marshall, the CFO, were similarly allocated shares under the same plan. All transactions occurred on the specified date and were executed on the London Stock Exchange.
Regulatory Compliance
The notifications of these transactions were submitted to comply with the UK Market Abuse Regulation. Each director's notification includes the nature of the transaction, the type of instrument involved, and aggregated volumes and prices. This ensures transparency in dealings by persons discharging managerial responsibilities and their closely associated persons.
Share Incentive Plan
The Share Incentive Plan allows directors to acquire partnership shares through trustee. Matching shares are then awarded to the participants. This structure supports the alignment of management interests with those of the company. The plan's trustee executed the and allocation transactions at a consistent price per share across all directors.
Reporting and Disclosure
IntegraFin Holdings plc provided detailed reporting of each director's share allocation, including identification codes, transaction nature, price per share, aggregated volumes, and execution date. The company emphasized that these notifications constitute initial reporting under regulatory obligations, ensuring market transparency.