23 Feb 2018 12:15
23 February 2018
Lombard Risk Management plc
(the "Company")
Exercise of Options & Director Dealing
Lombard Risk Management plc (AIM: LRM.L), a leading global provider of integrated collateral management and regulatory reporting solutions for the financial services industry, announces that as the result of the exercise of options by various employees and PDMRs, the Company has issued 3,840,899 new ordinary shares of 0.5p each in the capital of the Company (the "New Ordinary Shares").
Alastair Brown, CEO of the Company, has exercised options over 260,869 ordinary shares at a price of 11.5p per ordinary share. Following the issue of these shares Mr Brown will be interested in 1,944,269 ordinary shares of the Company, representing approximately 0.48 per cent. of the Company's enlarged issued share capital.
Application has been made for the New Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on 26 February 2018.
The New Ordinary Shares will rank pari passu with the existing ordinary shares of the Company. In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, following this allotment the total number of ordinary shares in the capital of the Company in issue is 404,434,819. The Company currently holds 234 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in the Company is 404,434,585.
The above figure of 404,434,585 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.
The Company makes the following announcement and notification in accordance with the EU Market Abuse Regulation (No 596/2014):
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Alastair Brown | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Director, Chief Executive Officer | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Mike Payne | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chief Technology Officer | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Tina Wilkinson | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Global Head of Product | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Nigel Rohan | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Global Sales Operations Director | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Helen Nicol | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Head of Product, Collateral | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Sue Kent | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chief Administrative Officer | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | James Phillips | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Regulatory Strategy Director | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Peter Taylor | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Human Resources Director | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Ian Dwyer | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Global Alliances Director | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Leonie Alsop | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chief Marketing Officer | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Robin Bridge | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Head of Product, Regulatory | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Malcolm Arnold | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Head of Technical Architecture | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lombard Risk Management plc | ||||
b) | LEI | 213800HPXYSR1TUULW48 | ||||
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 |
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Identification code | GB00B030JP46 | |||||
b) | Nature of the transaction |
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: ·Aggregated volume ·Price |
As above | ||||
e) | Date of the transaction | 23 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
For further information, please contact:
Lombard Risk Management Plc Alastair Brown, CEO Nigel Gurney, CFO
| Tel: +44 (0)20 7593 6700 |
finnCap (Nominated Adviser and Joint Broker) Stuart Andrews Carl Holmes Scott Mathieson | Tel: +44 (0)20 7220 0500
|
WG Partners LLP (Joint Broker) David Wilson Claes Spång Chris Lee
| Tel: +44 (0) 203 705 9330
|
Newgate (Financial PR) Bob Huxford Charlotte Coulson Adam Lloyd | Tel: +44 (0)20 7653 9850 lombard@newgatecomms.com |