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19 Nov 2025 16:05
19 November 2025
The Law Debenture Corporation p.l.c.
Notification of Transactions by Persons Discharging Managerial Responsibility
The Law Debenture Corporation p.l.c. (the "Corporation") announces that the following transactions, set out below, were undertaken by directors / persons discharging managerial responsibility ("PDMRs").
The relevant notifications set out below are provided in accordance with the requirements of UK market abuse regulations.
Long Term Incentive Plan
The following transactions were undertaken by PDMRs on 17 November 2025 in accordance with the rules of the Corporation's Long Term Incentive Plan ('LTIP'). The LTIP was established to reward eligible participants in a way that aligns their interests with the interests of shareholders and with the Corporation's long-term strategic plan.
Name | Director/ PDMR | LTIP Award Year | Number of nil cost options exercised | Shares disposed of to cover tax and NI at a price of 1022.00 pence per share1 | Shares retained by individual |
Denis Jackson | Director | 2020 | 64,527 | 30,328 | 34,199 |
2021 | 49,216
| 23,132 | 26,084* | ||
2022 | 29,840 | 14,025 | 15,815* | ||
Trish Houston | Director | 2021 | 34,829 | 16,370 | 18,459* |
2022 | 25,250 | 11,868 | 13,382* |
1 - being the Corporation's share price at market close on 17 November 2025
In accordance with the rules of the Corporation's LTIP, awards are subject to a two-year holding period commencing on vesting.
* these shares remain within the two-year holding period and will continue to be restricted until the holding period has expired.
The relevant notifications set out below are provided in accordance with the requirements of UK market abuse regulations.
1
| Details of the person discharging managerial responsibilities | ||||
a) | Name | Denis Jackson | |||
2
| Reason for the notification | ||||
a) | Position/status | Chief Executive Officer | |||
b) | Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | The Law Debenture Corporation p.l.c. | |||
b) | LEI | 2138006E39QX7XV6PP21 | |||
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 5 pence each | |||
Identification code |
| ||||
b)
| Nature of the transaction | Exercise of nil cost options under The Law Debenture Corporation p.l.c. Long Term Incentive Plan | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil consideration | 143,583 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 143,583 | ||||
- Price | Nil consideration | ||||
e) | Date of the transaction | 17 November 2025 | |||
f) | Place of the transaction | Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities | ||||
a) | Name | Denis Jackson | |||
2
| Reason for the notification | ||||
a) | Position/status | Chief Executive Officer | |||
b) | Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | The Law Debenture Corporation p.l.c. | |||
b) | LEI | 2138006E39QX7XV6PP21 | |||
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 5 pence each | |||
Identification code | GB0031429219 | ||||
b)
| Nature of the transaction | Disposal of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
1022.00 pence per share | 67,485 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 67,485 | ||||
- Price | £689,696.70 | ||||
e) | Date of the transaction | 17 November 2025 | |||
f) | Place of the transaction | Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities | ||||
a) | Name | Trish Houston | |||
2
| Reason for the notification | ||||
a) | Position/status | Chief Operating Officer | |||
b) | Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | The Law Debenture Corporation p.l.c. | |||
b) | LEI | 2138006E39QX7XV6PP21 | |||
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 5 pence each | |||
Identification code |
| ||||
b)
| Nature of the transaction | Exercise of nil cost options under The Law Debenture Corporation p.l.c. Long Term Incentive Plan | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil consideration | 60,079 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 60,079 | ||||
- Price | Nil consideration | ||||
e) | Date of the transaction | 17 November 2025 | |||
f) | Place of the transaction | Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities | ||||
a) | Name | Trish Houston | |||
2
| Reason for the notification | ||||
a) | Position/status | Chief Operating Officer | |||
b) | Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | The Law Debenture Corporation p.l.c. | |||
b) | LEI | 2138006E39QX7XV6PP21 | |||
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 5 pence each | |||
Identification code |
| ||||
b)
| Nature of the transaction | Disposal of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
1022.00 pence per share | 28,238 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 28,238 | ||||
- Price | £288,592.36 | ||||
e) | Date of the transaction | 17 November 2025 | |||
f) | Place of the transaction | Outside a trading venue | |||
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