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Director/PDMR Notification

25 Oct 2024 09:30

RNS Number : 6839J
Lendinvest PLC
25 October 2024
 

 

 

 

LendInvest plc

Director/PDMR Notification

 

LendInvest plc (LSE: LINV) ("LendInvest" or the "Company"), the UK's leading platform for mortgages, has been notified of the sale and acquisition of ordinary shares in the Company by Ian Thomas, the Chief Investment Officer and a Person Discharging Managerial Responsibilities ("PDMR") of the Company. Ian Thomas sold 1,600,000 ordinary shares at £0.26 per share held by his wholly owned company, Kilford Investments Limited, to his self-invested personal pension. As part of the transfer, his self-invested personal pension also acquired a further 7,400 ordinary shares at £0.26 per share. Following the transaction, Ian Thomas' shareholding has increased by 7,400 ordinary shares, and he now has a total holding of 40,123,312 ordinary shares, equivalent to 28.1% of the issued share capital of the Company.

 

Formal notification is set out below in accordance with the requirements of the Market Abuse Regulation. A separate notification of dealing form (TR-1) will follow this announcement.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 Ian Edward Thomas

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Investment Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

LendInvest plc

b)

 

LEI

 

 

213800NWMK3O4UWP9N91

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

Ordinary Shares of 0.05 pence nominal value each

Identification code

GB00BMC2XX17

b)

 

Nature of the transaction

 

 

Sale of ordinary shares in LendInvest plc held by Ian Thomas' wholly-owned company, Kilford Investments Limited, to his self-invested personal pension. His self-invested personal pension also purchased 7,400 shares.

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£0.26

1,607,400

d)

 

Aggregated information

- Aggregated volume

1,607,400

- Price

£417,924.00

e)

 

Date of the transaction

 

 

22 October 2024

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

 

Enquiries: Christa Zillwood-Hunt (cosec@lendinvest.com)

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