Fintel PLC - Huddersfield, England-based technology and support provider for the retail financial services sector - Joint-Chief Executive Officer Matt Timmins on Tuesday buys 66,339 shares for 194.0 pence each. Total value is GBP128,698. Non-Executive Director Phil Smith also on Tuesday buys 81,214 shares for 197.0p each. Total value is GBP159,992. Two further direct dealings, each valued at less than GBP50,000, were also made in share purchases by Joint-Chief Executive Officer Neil Stevens and Non-Executive Director Tim Clarke.

On Tuesday, Fintel reported 2022 revenue of GBP66.5 million, increasing 4.1% from GBP63.9 million in 2021. The company said the revenue increase was driven by the resilience of its membership and subscription-based operating model. Pretax profit was GBP12.4 million, down 38% from GBP19.9 million a year ago, while earnings per share fell to 9.5 pence from 15.7p. The company said 2021 benefited from exceptional gains of GBP7.8 million. Fintel declared a final dividend of 2.25 pence per share, bringing the total dividend for 2022 to 3.25p, increasing from 3.000p in 2021. The company said the dividend increase reflects its strong business performance.

By Greg Rosenvinge, Alliance News reporter

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