NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification
required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction
relating to the shares or debentures of the issuer should
complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative
relating to the shares of the issuer should complete boxes 1 to
4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to
a director/person discharging managerial responsibilities should
complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial
instrument relating to the shares of the issuer (other than a
debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16,
23 and 24.
Please complete all relevant boxes in block capital letters.
1. Name of the issuer
PAYPOINT PLC
2. State whether the notification relates to (i) a transaction
notified in accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section
324 (as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
BOTH
3. Name of person discharging managerial responsibilities/director
TIM WATKIN-REES
4. State whether notification relates to a person connected with a
person discharging managerial responsibilities/director named in 3
and identify the connected person
NOTIFICATION IN RESPECT OF A DIRECTOR
5. Indicate whether the notification is in respect of a holding of
the person referred to in 3 or 4 above or in respect of a
non-beneficial interest
AS PER 3 ABOVE
6. Description of shares (including class), debentures or derivatives
or financial instruments relating to shares
ORDINARY SHARES
7. Name of registered shareholders(s) and, if more than one, the
number of shares held by each of them
TIM WATKIN-REES
8 State the nature of the transaction
DISPOSAL
9. Number of shares, debentures or financial instruments relating to
shares acquired
N/A
10. Percentage of issued class acquired (treasury shares of that
class should not be taken into account when calculating percentage)
N/A
11. Number of shares, debentures or financial instruments relating to
shares disposed
156,578
12. Percentage of issued class disposed (treasury shares of that
class should not be taken into account when calculating percentage)
0.23%
13. Price per share or value of transaction
615 PENCE PER SHARE
14. Date and place of transaction
12 December 2007, London
15. Total holding following notification and total percentage holding
following notification (any treasury shares should not be taken into
account when calculating percentage)
640,180
0.95%
16. Date issuer informed of transaction
12 December 2007
If a person discharging managerial responsibilities has been granted
options by the issuer complete the following boxes
17 Date of grant
............
18. Period during which or date on which it can be exercised
............
19. Total amount paid (if any) for grant of the option
............
20. Description of shares or debentures involved (class and number)
............
............
21. Exercise price (if fixed at time of grant) or indication that
price is to be fixed at the time of exercise
...........
22. Total number of shares or debentures over which options held
following notification
............
23. Any additional information
N/A
24. Name of contact and telephone number for queries
Finsbury Group 020 7251 3801
Rollo Head
Don Hunter
Name and signature of duly authorised officer of issuer responsible
for making notification
SUSAN COURT
Date of notification
12/12/2007
END
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