Law Debenture Corp PLCLSE: LWDB

Law Debenture: Purchase of shares by subsidiary undertaking

· Issued by Law Debenture Corp PLC via RNS

Summary by 6ix AI

On October 23, 2026, The Law Debenture Trust Corporation (Channel Islands) Limited, a wholly owned subsidiary of The Law Debenture Corporation p.l.c., bought a total of 5,118 ordinary shares of 5 pence each in the Corporation at £11.54 per share.

Key details

  • The subsidiary acts as trustee of the Corporation's Employee Share Ownership Trust, under a Trust Deed dated April 23, 2002.
  • The shares were bought by reinvesting dividends received on shares held in the Trust.
  • The shares held in the Trust were granted to senior staff under employee share schemes previously approved by the Corporation's shareholders.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/purchase-of-shares-by-subsidiary-undertaking

Law Debenture Corp PLC
23 October 2026
 

The Law Debenture Corporation p.l.c.

8th Floor

100 Bishopsgate

London

EC2N 4AG 

23 October 2026

Purchase of shares by subsidiary undertaking

The Law Debenture Corporation p.l.c. (the “Corporation”) has been advised that on 23 October 2026, The Law Debenture Trust Corporation (Channel Islands) Limited, a wholly owned subsidiary of the Corporation (the “Trustee”), purchased a total of 5,118 ordinary shares of 5 pence each in the Corporation (the “Shares”). The Shares were purchased at a price of £11.54 per share.

Under the terms of a Trust Deed dated 23 April 2002, the Trustee was appointed trustee of the Corporation’s Employee Share Ownership Trust (the “Trust”). 

The Shares were purchased as a reinvestment of dividends received from shares held in the Trust, the latter of which were granted to senior staff under employee share schemes previously approved by the Corporation's shareholders.

Law Debenture Corporate Services Limited

Company Secretary

The Law Debenture Corporation p.l.c. is registered in England at the above address, company registration number 30397. LEI number - 2138006E39QX7XV6PP21

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