RNS Number : 6127Y
Lendinvest PLC
05 May 2023
 

LEI: 213800NWMK3O4UWP9N91

5 May 2023

PDMR Exercise of Share Options

("LendInvest" or the "Company")

LendInvest plc (LSE: LINV; "LendInvest"), the UK's leading platform for mortgages, 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 80,000 ordinary shares in the capital of the Company at an exercise price of £0.0005 each. The exercise of options will be satisfied by 80,000 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 2019 and 2020) over ordinary shares in LendInvest plc

 

(c)

Price(s) and volume(s)

 

Exercise Price(s)

Volume(s)

£0.0005

80,000


(d)

Aggregated information

Aggregated volume

Price

 

80,000 ordinary shares at £0.0005 per ordinary share

(e)

Date of the transaction

5 May 2023

 

(f)

Place of the transaction

Outside a trading venue

 

 

Enquiries:

Rod Lockhart, Chief Executive Officer

Alex Dee, Head of Investor Relations

Leigh Rimmer, Head of External Communications

investorrelations@lendinvest.com

+44 (0)20 7353 4200

 

Panmure Gordon (NOMAD and Joint Broker)                              

Atholl Tweedie / Stephen Jones / Tom Scrivens

+44 (0)20 7886 2500

finnCap Limited (Joint Broker) 

Jonny Franklin-Adams / Tim Redfern

+44 (0)20 7220 0500

 

Teneo (Financial PR)                                              

Tom Murray / Ed Cropley / Olivia Lucas

+44 (0)20 7353 4200

 

 

 

 

 

 

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