LendInvest plc
Director/PDMR Notification
LendInvest plc (LSE: LINV) ("LendInvest" or the "Company"), the UK's leading platform for mortgages, has been notified of the sale and acquisition of ordinary shares in the Company by Ian Thomas, the Chief Investment Officer and a Person Discharging Managerial Responsibilities ("PDMR") of the Company. Ian Thomas sold 1,600,000 ordinary shares at £0.26 per share held by his wholly owned company, Kilford Investments Limited, to his self-invested personal pension. As part of the transfer, his self-invested personal pension also acquired a further 7,400 ordinary shares at £0.26 per share. Following the transaction, Ian Thomas' shareholding has increased by 7,400 ordinary shares, and he now has a total holding of 40,123,312 ordinary shares, equivalent to 28.1% of the issued share capital of the Company.
Formal notification is set out below in accordance with the requirements of the Market Abuse Regulation. A separate notification of dealing form (TR-1) will follow this announcement.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Ian Edward Thomas
| |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Investment Officer | |||
| b)
| Initial notification /Amendment
| Initial | |||
| 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, type of instrument | Ordinary Shares of 0.05 pence nominal value each | |||
| | | ||||
| Identification code | GB00BMC2XX17 | ||||
| | | ||||
| b)
| Nature of the transaction
| Sale of ordinary shares in LendInvest plc held by Ian Thomas' wholly-owned company, Kilford Investments Limited, to his self-invested personal pension. His self-invested personal pension also purchased 7,400 shares. | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £0.26 | 1,607,400 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 1,607,400 | ||||
| | | ||||
| - Price | £417,924.00 | ||||
| | | ||||
| e)
| Date of the transaction
| 22 October 2024 | |||
| f)
| Place of the transaction
| London Stock Exchange, AIM | |||
Enquiries: Christa Zillwood-Hunt (cosec@lendinvest.com)
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