Last checked at 9 Feb 2021 07:00
9 February 2021
Manolete Partners Plc
("Manolete" or the "Company")
Director/PDMR Dealings
Manolete (AIM:MANO), the leading listed insolvency litigation financing firm in the UK, announces that Steven Cooklin, Chief Executive Officer, has sold 750,000 ordinary shares of 0.4p each in the Company ("Ordinary shares") on 8 February 2021.
Mr Cooklin continues to hold approximately 16.3% of the Company's issued share capital as set out below:
Initial Holding |
| Resultant Holding | ||
Number of Ordinary Shares | Percentage of issued share capital | Ordinary shares sold | Number of Ordinary Shares | Percentage of issued share capital |
7,842,199 | 18.0% | 750,000 | 7,092,199 | 16.3% |
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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)
| LEI
| 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)
| Description of the financial instrument, type of instrument | MANOLETE PARTNERS PLC ORDINARY SHARES OF 0.4P EACH | |||
|
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Identification code | ISIN: GB00BYWQCY12 | ||||
|
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b)
| Nature of the transaction
| SALE OF ORDINARY SHARES | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| £1.80 | 750,000 |
| |
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|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 750,000 | ||||
|
| ||||
- Price | £1,350,000 | ||||
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e)
| Date of the transaction
| 8 FEBRUARY 2021 | |||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE | |||
For further information, please contact:
Manolete Partners Plc via Instinctif Partners
Steven Cooklin (Chief Executive Officer)
Peel Hunt (NOMAD and Sole Broker) +44 (0)20 7418 8900
James Britton
Rishi Shah
Duncan Littlejohns
Instinctif Partners (Financial PR)
Tim Linacre +44 (0)79 4993 9237
Lewis Hill