Director of Funding Circle Exercises Share Options

Funding Circle Holdings plc, a leading SME lending platform, announced on the 18th of March that Andrew Learoyd, a non-executive Director of the Company, executed the exercise of share options on the 15th of March 2024. This transaction involves the exercising of options over 100,000 ordinary shares at a price of £0.3172 per share. This was conducted under the Company’s 2011 Share Plan.

The notification, adhering to the compliance with Article 19 of the Market Abuse Regulation, provides specifics of the transaction including the identification code GB00BG0TPX62 and that the transaction was carried out through the London Stock Exchange. The option exercise by Andrew Learoyd aligns with the initial notifications requirements, indicating transparency in transactions by persons discharging managerial responsibilities (PDMRs).

Funding Circle emphasizes its commitment to providing access to funding for small businesses while offering robust and attractive returns to institutional investors. With over £16bn extended in credit globally, the exercise of options by a key director further highlights the ongoing engagements and confidence within the management team.