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)