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Last checked at 
20 Dec 2024 13:18
20 December 2024
Orchard Funding Group PLC
("Orchard Funding" or the "Company")
Director Shareholding
Orchard Funding Group PLC, the finance group which specialises in insurance premium finance and the professions funding market, announces that on 19th December 2024, Ravi Takhar, the Company's chief executive officer acquired 114,041 ordinary shares in the capital of the Company ("Ordinary Shares"), from an independently managed trust of which he is the beneficiary for nil consideration.
Following the transfer, Ravi Takhar's beneficial interest in the Company's share capital remains unchanged at 12,213,541 Ordinary Shares, representing 57.20% per cent of the Company's voting share capital.
For further information, please contact:
Orchard Funding Group PLC | +44 (0)1582 346 248 |
Ravi Takhar, Chief Executive Officer | |
Allenby Capital Limited (Nomad and Broker) | +44 (0)20 3328 5656 |
Nick Naylor/James Reeve (Corporate Finance) | |
Amrit Nahal/Jos Pinnington (Sales and Corporate Broking) |
For Investor Relations please go to: www.orchardfundinggroupplc.com
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name | Ravi Takhar | |||
2 | Reason for the notification | ||||
a)
| Position/status | CEO | |||
b)
| Initial notification/Amendment | Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name | Orchard Funding Group plc | |||
b) | LEI | 213800U4K2POJCSQYR97 | |||
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 1 penny each | |||
Identification code | GB00BYZFM569 | ||||
b)
| Nature of the transaction
| Sale and repurchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0p | 114,041 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 19th December 2024 | |||
f) | Place of the transaction | Outside a trading venue | |||
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