Business

Director Shareholding

Director Shareholding.

articleOrchard Funding Ltd.March 8, 20235/company/orchard-funding-group-plc/news/director-shareholding-40
Director Shareholding

About this update from Orchard Funding Ltd.

[{"type":"text","content":"\n \n \n 8 March 2023\n \n \n \n  \n \n \n \n \n Orchard Funding Group PLC\n \n \n \n \n  \n \n \n \n \n Director Shareholding\n \n \n \n  \n \n \n Orchard Funding Group PLC (\"Orchard\", the \"Group\" or \"Company\"), the finance group which specialises in insurance premium finance and the professions funding market, confirms that on 1st March 2023 Ravi Takhar, the Company's chief executive officer, acquired 114,041 ordinary shares in the capital of the Company (\"Ordinary Shares\"), previously held by an independently managed trust of which he is a beneficiary (the \"Trust\").\n \n \n  \n \n \n Following the transfer, Ravi is holding 11,572,374 Ordinary Shares in the Company representing 54.19% per cent of the Company's voting share capital.\n \n \n  \n \n \n For further information, please contact:\n \n \n \n  \n \n \n \n \n Orchard Funding Group PLC\n \n   +44 (0)1582 346 248\n \n \n  \n \n \n Ravi Takhar, Chief Executive Officer\n \n \n \n  \n \n \n \n \n Liberum (Nomad and Broker) \n \n +44 (0)20 3100 2222\n \n \n  \n \n \n Lauren Kettle\n \n \n  \n \n \n For Investor Relations please go to: \n \n \n www.orchardfundinggroupplc.com\n \n \n  \n \n \n  \n \n \n \n \n \n \n \n 1\n \n \n \n \n \n \n Details of the person discharging managerial responsibilities / person closely associated\n \n \n \n \n \n \n \n a)\n \n \n  \n \n \n \n \n Name\n \n \n \n \n Ravi Takhar\n \n \n \n \n \n \n \n 2\n \n \n \n \n \n \n Reason for the notification\n \n \n \n \n \n \n \n a)\n \n \n  \n \n \n \n \n Position/status\n \n \n \n \n CEO\n \n \n \n \n \n \n b)\n \n \n  \n \n \n \n \n Initial notification/Amendment\n \n \n \n \n Initial\n \n \n \n \n \n \n \n 3\n \n \n \n \n  \n \n \n \n \n \n \n Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n \n \n \n \n \n \n \n a)\n \n \n  \n \n \n \n \n Name\n \n \n \n \n Orchard Funding Group plc\n \n \n \n \n \n \n b)\n \n \n \n \n LEI\n \n \n \n \n 213800U4K2POJCSQYR97\n \n \n \n \n \n \n \n 4\n \n \n \n \n  \n \n \n \n \n \n \n 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\n \n \n \n \n \n \n ...

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