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Director Dealing

20th Oct 2016 12:26

RNS Number : 0845N
Lombard Risk Management PLC
20 October 2016
 

Lombard Risk Management plc

(the "Company")

 

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, was notified today of the following transactions by directors of the Company:

Alastair Brown, CEO of the Company, has today purchased 540,540 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at a price of 9.25 pence per Ordinary Share. As a result, Mr Brown is now interested in 1,683,400 Ordinary Shares of the Company, representing 0.42 per cent. of the issued share capital.

Nigel Gurney, Chief Financial Officer of the Company, has today purchased 168,961 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at a price of 9 pence per Ordinary Share. As a result, Mr Gurney is now interested in 622,829 Ordinary Shares of the Company, representing 0.16 per cent. of the issued share capital.

 

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

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

n/a

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 0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 Purchase of ordinary shares from the open market

c)

Price(s) and volume(s)

Price(s)

Volume(s)

9.25p

540,540

d)

Aggregated information:

·Aggregated volume

·Price

 

540,540 ordinary shares of 0.05 pence purchased at 9.25 pence per ordinary share

e)

Date of the transaction

20 October 2016

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 Gurney

2.

Reason for the Notification

a)

Position/status

Director, Chief Financial Officer

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

n/a

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 0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 Purchase of ordinary shares from the open market

c)

Price(s) and volume(s)

Price(s)

Volume(s)

9p

168,961

d)

Aggregated information:

·Aggregated volume

·Price

 

168,961 ordinary shares of 0.05 pence purchased at 9 pence per ordinary share

e)

Date of the transaction

20 October 2016

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

[email protected]

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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