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PDMR Exercise of Share Options

16th Aug 2022 10:56

RNS Number : 1802W
Lendinvest PLC
16 August 2022
 

LEI: 213800NWMK3O4UWP9N91

16 August 2022

PDMR Exercise of Share Options

("LendInvest" or the "Company")

LendInvest plc (LSE: LINV) ("LendInvest" or the "Group"), a leading technology driven asset manager for UK property finance, announces the exercise of share options under the Company Share Option Plan by Michael Evans, the Chief Financial Officer and a PDMR of the Company. Michael Evans exercised options over 57,000 ordinary shares in the capital of the Company at an exercise price of £0.0005 each. The exercise of options will be satisfied by 57,000 ordinary shares from the LendInvest Employee Benefit Trust.

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Michael Evans

 

2.

Reason for the Notification

(a)

Position / status

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

LendInvest plc

(b)

LEI

213800NWMK3O4UWP9N91

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

Ordinary shares in LendInvest plc of £0.0005 each

Identification code

GB00BMC2XX17

(b)

Nature of the transaction

Exercise of Company Share Option Plan options (granted in 2017, 2018 and 2019) over ordinary shares in LendInvest plc

 

(c)

Price(s) and volume(s)

 

Exercise Price(s)

Volume(s)

£0.0005

57,000

(d)

Aggregated information

Aggregated volume

Price

 

57,000 ordinary shares at £0.0005 per ordinary share

(e)

Date of the transaction

16 August 2022

 

(f)

Place of the transaction

Outside a trading venue

 

 

For further information, please contact:

LendInvest via Tulchan Communications +44 (0)20 7353 4200

Rod Lockhart, Chief Executive Officer

Michael Evans, Chief Financial Officer

Alex Dee, Head of Investor Relations

Leigh Rimmer, Senior PR Manager

[email protected]

Panmure Gordon (NOMAD and Joint Broker) +44 (0)20 7886 2500

Atholl Tweedie

Charles Leigh-Pemberton

 

finnCap Limited (Joint Broker) +44 (0)20 7220 0500

Jonny Franklin-Adams/George Dollemore (Corporate Finance)

Tim Redfern/Alice Lane (ECM)

Tulchan Communications (Financial PR) +44 (0)20 7353 4200

Tom Murray

Matt Low

Misha Bayliss

Olivia Lucas

 

 

 

 

 

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END
 
 
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