Law Debenture Corp - Director/PDMR Shareholding

Law Debenture

22/04/2025 17:39

RNS Number : 7436F

Law Debenture Corp PLC

22 April 2025

 

22 April 2025                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                

 

The Law Debenture Corporation p.l.c.

 

Notification of Transaction by Persons Discharging Managerial Responsibility

 

The Law Debenture Corporation p.l.c. (the "Corporation") announced on 16 April 2025 that shares had been purchased by a subsidiary undertaking in connection with awards granted under employee share schemes for senior staff (the "Schemes") (the "Awards") previously approved by the Corporation's shareholders. The transactions, set out below, in the Corporation's ordinary shares of 5 pence each, were undertaken by directors / persons discharging managerial responsibility ("PDMR") following the purchase.

 

The Awards granted under the Schemes are held in trust and no consideration is payable on the grant or vesting of the Awards. The number of shares to which each Award relates is increased by the reinvestment of dividends due on the shares held in trust. 

 

The relevant notifications set out below are provided in accordance with the requirements of UK market abuse regulations.

 

1
Details of the person discharging managerial responsibilities
a)
Name
Denis Jackson
2
Reason for the notification
a)
Position/status
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
The Law Debenture Corporation p.l.c.
b)
LEI
2138006E39QX7XV6PP21
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 5 pence each
Identification code
GB0031429219
b)
Nature of the transaction
410 shares purchased following dividend reinvestment on awards granted under the Schemes. The resultant total shares under the Schemes held by Denis Jackson as at 22 April 2025 is 37,907.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil consideration
410
d)
Aggregated information
- Aggregated volume
410
- Price
Nil consideration
e)
Date of the transaction
16 April 2025
f)
Place of the transaction
Outside a trading venue

 

 

1
Details of the person discharging managerial responsibilities
a)
Name
Trish Houston
2
Reason for the notification
a)
Position/status
Chief Operating Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
The Law Debenture Corporation p.l.c.
b)
LEI
2138006E39QX7XV6PP21
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 5 pence each
Identification code
GB0031429219
b)
Nature of the transaction
286 shares purchased following dividend reinvestment on awards granted under the Schemes. The resultant total shares under the Schemes held by Trish Houston as at 22 April 2025 is 26,520.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil consideration
286
d)
Aggregated information
- Aggregated volume
286
- Price
Nil consideration
e)
Date of the transaction
16 April 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

The Corporation further announces that on 22 April 2025 the below Directors reinvested dividends received from shares held on their own accounts, as detailed below.

1
Details of the person discharging managerial responsibilities
a)
Name
Denis Jackson
2
Reason for the notification
a)
Position/status
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
The Law Debenture Corporation p.l.c.
b)
LEI
2138006E39QX7XV6PP21
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 5 pence each
Identification code
GB0031429219
b)
Nature of the transaction
Acquisition of shares by dividend reinvestment. The resultant total shares held by Denis Jackson on his own account as at 22 April 2025 is 33,772.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
870.00pence per share
362
d)
Aggregated information
- Aggregated volume
362
- Price
£3,149.40
e)
Date of the transaction
22 April 2025
f)
Place of the transaction
London Stock Exchange

 

 

 

 

1
Details of the person discharging managerial responsibilities and person closely associated.
a)
Name of PDMR
Name of PCA
Parwinder Purewal
Sally Cosgrove
2
Reason for the notification
a)
Position/status of PDMR
Position/status of PCA
Non-Executive Director
PCA with Parwinder Purewal
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
The Law Debenture Corporation p.l.c.
b)
LEI
2138006E39QX7XV6PP21
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 5 pence each
Identification code
GB0031429219
b)
Nature of the transaction
Acquisition of shares by dividend reinvestment. The resultant total shares held by Parwinder Purewal and
Sally Cosgrove on their own account as at 22 April 2025 is 31,944.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
870.00 pence per share
343
d)
Aggregated information
- Aggregated volume
343
- Price
£2,984.10
e)
Date of the transaction
22 April 2025
f)
Place of the transaction
London Stock Exchange

 

 

 

 

 

 

 

 

 

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