10 Feb 2021 07:00
10 February 2021
Manolete Partners Plc
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("Manolete" or the "Company")
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Director/PDMR Dealings
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Manolete (AIM:MANO), the leading listed insolvency litigation financing firm in the UK, announces that Steven Cooklin, Chief Executive Officer, has sold a further 250,000 ordinary shares of 0.4p each in the Company ("Ordinary shares") on 9 February 2021. This transaction completes Mr Cooklin's sell order of 1,000,000 Ordinary shares.
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Mr Cooklin continues to hold approximately 15.7% of the Company's issued share capital as set out below:
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Prior Holding | Â | Resultant Holding | ||
Number of Ordinary Shares | Percentage of issued share capital | Ordinary shares sold | Number of Ordinary Shares | Percentage of issued share capital |
7,092,199 | 16.3% | 250,000 | 6,842,199 | 15.7% |
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Mr Cooklin has confirmed that he has no intention to sell any further Ordinary shares for a period of at least 3 months, and intends to follow an orderly marketing process for a further 3 months, subject to certain customary limited exceptions.
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The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1  | Details of the person discharging managerial responsibilities / person closely associated  | ||||
a)  | Name   | STEVEN COOKLIN | |||
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   | MANOLETE PARTNERS PLC | |||
b) Â | LEI Â Â | 213800R2X9V3KWCC4H47 | |||
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) Â | Description of the financial instrument, type of instrument | MANOLETE PARTNERS PLC ORDINARY SHARES OF 0.4P EACH | |||
 |  | ||||
Identification code | ISIN: GB00BYWQCY12 | ||||
 |  | ||||
b)  | Nature of the transaction   | SALE OF ORDINARY SHARES | |||
c) Â | Price(s) and volume(s) | Â | Â | Â | Â |
 |  | Price(s) | Volume(s) |  | |
 |  | £1.80 | 250,000 |  | |
 |  |  |  |  | |
d) Â | Aggregated information | Â | |||
 |  | ||||
- Aggregated volume | 250,000 | ||||
 |  | ||||
- Price | £450,000 | ||||
 |  | ||||
e)  | Date of the transaction   | 9 FEBRUARY 2021 | |||
f)  | Place of the transaction   | LONDON STOCK EXCHANGE |
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For further information, please contact:
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Manolete Partners Plc via Instinctif Partners
Steven Cooklin (Chief Executive Officer)
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Peel Hunt (NOMAD and Sole Broker) +44 (0)20 7418 8900
James Britton
Rishi Shah
Duncan Littlejohns
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Instinctif Partners (Financial PR)
Tim Linacre +44 (0)79 4993 9237
Lewis Hill
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