Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLendinvest Regulatory News (LINV)

Share Price Information for Lendinvest (LINV)

Share Price is delayed by 15 minutes
Get Live Data
24.50    0.00 (0.00%)
Bid:
24.00
Ask:
25.00
Spread: 1.00 (4.167%)
Market Cap: £34.70m
LINV Live PriceLast checked at - London Stock Exchange

Intraday Lendinvest Share Chart

Director/PDMR Notification

3 Feb 2023 16:24

RNS Number : 9256O
Lendinvest PLC
03 February 2023
 

LEI: 213800NWMK3O4UWP9N91

3 February 2023

LendInvest plc

 

Director/PDMR/PCA Notification and TR-1

 

LendInvest plc (AIM: LINV) ("LendInvest" or the "Company"), a leading technology driven asset manager for UK property finance, has been notified of the sale of ordinary shares in the Company by Faes & Co Holdings S.à r.l. ("Faes & Co"), a person closely associated ("PCA") with Christian Faes, the Non-Executive Chair and a Person Discharging Managerial Responsibilities ("PDMR") of the Company.

 

Faes & Co sold 2,425,000 ordinary shares at a price of £0.80 per share in order to satisfy institutional demand for shares in excess of those readily available for sale and now, together with Christian Faes, still holds 37,630,912 ordinary shares in the Company representing approximately 27.2% of the Company's issued share capital.

 

The notification of dealing form (in accordance with the requirements of the Market Abuse Regulation) and TR-1 form are set out below.

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Faes & Co Holdings S.à r.l.

 

2.

Reason for the Notification

(a)

Position / status

PCA of Christian Faes, Non-Executive Chair / PDMR

 

(b)

Initial notification / amendment

Initial notification

 

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

Ordinary shares in LendInvest plc of £0.0005 each

Identification code

GB00BMC2XX17

(b)

Nature of the transaction

Sale of 2,425,000 ordinary shares in LendInvest plc

 

(c)

Price(s) and volume(s)

 

Sale Price(s)

Volume(s)

£0.80

2,425,000

(d)

Aggregated information

Aggregated volume

Price

 

N/A - single transaction

(e)

Date of the transaction

3 February 2023

 

(f)

Place of the transaction

London Stock Exchange, AIM

 

 

TR-1: Standard form for notification of major holdings

 

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:

LendInvest plc

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify) iii:

3. Details of person subject to the notification obligation iv

Name

Christian Edouard Faes

City and country of registered office (if applicable)

N/A

4. Full name of shareholder(s) (if different from 3.) v

Name

Faes & Co Holdings S.à r.l.

City and country of registered office (if applicable)

Luxembourg, Luxembourg

5. Date on which the threshold was crossed or reached vi:

3 February 2023

6. Date on which issuer notified (DD/MM/YYYY):

3 February 2023

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer (8.A + 8.B) vii

Resulting situation on the date on which threshold was crossed or reached

27.2%

0%

27.2%

37,630,912

Position of previous notification (if

applicable)

28.9%

0%

28.9%

40,055,912

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rights ix

% of voting rights

Direct

(DTR5.1)

Indirect

 (DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

GB00BMC2XX17

37,630,912

 

 

27.2%

SUBTOTAL 8. A

37,630,912

27.2%

 

 

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial instrument

Expirationdate x

Exercise/Conversion Period xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

 

 

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

Type of financial instrument

Expirationdate x

Exercise/Conversion Period xi

Physical or cash

Settlement xii

Number of voting rights

% of voting rights

 

SUBTOTAL 8.B.2

 

 

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv

X

Name xv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Christian Edouard Faes

0.2%

Faes & Co HoldingsS.à r.l.

27.0%

 

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional information xvi

 

Place of completion

London, United Kingdom

Date of completion

3 February 2023

 

 

For further information, please contact:

LendInvest via Tulchan Communications +44 (0)20 7353 4200

Rod Lockhart, Chief Executive Officer

Michael Evans, Chief Financial Officer

Alex Dee, Head of Investor Relations

Leigh Rimmer, Head of External Communications

investorrelations@lendinvest.com

Panmure Gordon (NOMAD and Joint Broker) +44 (0)20 7886 2500

Atholl Tweedie

Tom Scrivens

 

finnCap Limited (Joint Broker) +44 (0)20 7220 0500

Jonny Franklin-Adams/George Dollemore (Corporate Finance)

Tim Redfern/Alice Lane (ECM)

Tulchan Communications (Financial PR) +44 (0)20 7353 4200

Tom Murray

Ed Cropley

Olivia Lucas

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHUOANROAUURAR
Date   Source Headline
29th Apr 20268:00 amRNSHolding(s) in Company
23rd Apr 20267:00 amRNSLendInvest FY26 Trading Update
28th Jan 20264:18 pmRNSHolding(s) in Company
28th Jan 20264:13 pmRNSDirector/PDMR Shareholding
28th Jan 20264:11 pmRNSDirector/PDMR Shareholding
26th Jan 20267:00 amRNSLendInvest announces FuM has increased to £5.44bn
6th Jan 20261:38 pmRNSHolding(s) in Company
18th Dec 20255:51 pmRNSHolding(s) in Company
18th Dec 20255:51 pmRNSHolding(s) in Company
18th Dec 20255:44 pmRNSDirector/PDMR Shareholding
18th Dec 20255:44 pmRNSDirector/PDMR Shareholding
17th Dec 20255:38 pmRNSDirector/PDMR Shareholding
9th Dec 20257:00 amRNSReplacement LendInvest H1 FY26 Financial Statement
8th Dec 20257:00 amRNSLendInvest plc H1 FY26 Interim Financial Statement
14th Nov 20256:00 pmRNSPublication of Amended and Restated Final Terms
14th Nov 20252:49 pmRNSLendInvest III Notes 2030: Amended Final Terms
12th Nov 202511:20 amRNSLendInvest III 8.25% Notes: Results & Final Terms
11th Nov 202510:01 amRNSLENDINVEST 8.25% NOTES 2030: OFFER CLOSING EARLY
4th Nov 20259:29 amRNSLendInvest: Notification of Major Holdings change
4th Nov 20259:26 amRNSLendInvest: Notification of major holdings change
28th Oct 202512:23 pmRNSLendInvest Closes £310m RMBS Securitisation
14th Oct 20255:11 pmRNSLENDINVEST ANNOUNCE LAUNCH OF 8.25% NOTES DUE 2030
14th Oct 20254:56 pmRNSExchange Offer Memorandum, Prospectus & Final Term
14th Oct 202510:49 amRNSPublication of a Base Prospectus
2nd Oct 20251:11 pmRNSLendInvest Secured Income 3 Roadshow Announcement
9th Sep 20255:06 pmRNSAGM Statement
7th Aug 20251:00 pmRNSPublication of FY25 Annual Report & notice of AGM
31st Jul 20257:00 amRNSDirector/PDMR Shareholding
21st Jul 20257:43 amRNSAnnual Financial Report
3rd Mar 20257:00 amRNSLendInvest Board Changes
27th Jan 20257:00 amRNSLendInvest grows Funds under Management to £5.14bn
17th Dec 20243:49 pmRNSChange of Registered Office
9th Dec 20247:00 amRNSHalf-year Report
7th Nov 20247:00 amRNSLendInvest Closes £285M UK Mortgage Securitisation
5th Nov 20244:28 pmRNSDirector/PDMR Shareholding
25th Oct 20249:31 amRNSHolding(s) in Company
25th Oct 20249:30 amRNSDirector/PDMR Notification
21st Oct 20247:00 amRNSLendInvest Secures £300m from BNP, Barclays, HSBC
24th Sep 20242:42 pmRNSResult of AGM
10th Sep 20247:00 amRNSLendInvest signs £1.5bn funding deal with JPMorgan
6th Sep 202411:53 amRNSPDMR Dealing
20th Aug 202411:42 amRNSIssue of Shares to EBT and Total Voting Rights
14th Aug 202411:32 amRNSPublication of Annual Report and Notice of AGM
31st Jul 20247:00 amRNSBoard Changes
24th Jul 20247:05 amRNSLendInvest plc Full Year Financial Results FY24
17th Jun 20247:00 amRNSUpdate on FY24 guidance
4th Jun 20249:58 amRNSBoard Changes
4th Jun 20247:01 amRNSLendInvest successfully closes funding transaction
4th Jun 20247:00 amRNSBoard Changes
18th Apr 20247:00 amRNSTrading Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.