Manolete Partners PLC Director/PDMR Shareholding
October 17 2024 - 6:35AM
RNS Regulatory News
RNS Number : 6369I
Manolete Partners PLC
17 October 2024
17 October 2024
Manolete Partners
PLC
("Manolete" or the "Company")
Director/PDMR
Dealings
Manolete Partners Plc (AIM:MANO),
the leading quoted UK insolvency litigation financing company has
been notified that Steven Cooklin, Chief Executive Officer and
PDMR, has today instructed the transfer of a total of 2,500,000
ordinary shares of 0.4p each in the Company ("Ordinary Shares"),
into trusts for his sons, as part of his family inheritance
planning.
The beneficiaries of the trusts are
not defined as persons closely associated with Steven Cooklin under
the EU Market Abuse Regulations.
Following the transfer, Steven
Cooklin's resultant interest in Ordinary Shares is 4,342,199,
representing 9.92 per cent. of Manolete's issued share
capital.
The information set out below is
provided in accordance with the requirements of Article 19(3) of
the EU Market Abuse Regulation No 596/2014.
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Steven Cooklin
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR, Chief Executive
Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Manolete Partners plc
|
|
b)
|
LEI
|
213800R2X9V3KWCC4H47
|
|
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
Identification code
|
Ordinary Shares of 0.4 pence
each
ISIN: GB00BYWQCY12
|
|
b)
|
Nature of the transaction
|
Transfer of Ordinary Shares into
family trusts
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
Nil consideration
|
1,250,000
|
|
Nil consideration
|
1,250,000
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
2,500,000 Ordinary shares
Nil consideration
|
|
e)
|
Date of the transaction
|
17 October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
For
further information please contact:
|
Manolete Partners
|
via Instinctif Partners
|
|
Steven Cooklin (Chief Executive
Officer)
|
|
|
|
|
|
Canaccord (NOMAD and Sole Broker)
|
+44 (0)20 7523 8000
|
|
Emma Gabriel
|
|
|
|
|
|
Instinctif Partners
|
+44 (0)20 7457 2020
|
|
Hannah Scott
Tim Linacre
|
|
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