REG - Law Debenture Corp - Director/PDMR Shareholding

Law DebentureAnnouncement

15/04/2024 18:30

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RNS Number : 7022K  Law Debenture Corp PLC  15 April 2024

15 April 2024

 

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 11 April
2024 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 Article 19 of the UK's retained EU law version of the Market
Abuse Regulation (596/2014).

 

 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                                    238 shares purchased following dividend reinvestment on awards granted under

                                                                 the Schemes. The resultant total shares under the Schemes held by Denis
                                                                   Jackson as at 15 April 2024 is 36,490.
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         Nil consideration     238

 d)   Aggregated information

      - Aggregated volume                                          238

      - Price                                                      Nil consideration

 e)   Date of the transaction                                      11 April 2024
 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                                    160 shares purchased following dividend reinvestment on awards granted under

                                                                 the Schemes. The resultant total shares under the Schemes held by Trish
                                                                   Houston as at 15 April 2024 is 25,529.
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         Nil consideration     160

 d)   Aggregated information

      - Aggregated volume                                          160

      - Price                                                      Nil consideration

 e)   Date of the transaction                                      11 April 2024
 f)   Place of the transaction                                     Outside a trading venue

 

 

The Corporation further announces that on 15 April 2024, Denis Jackson
reinvested dividends received from shares held on his own account, acquiring
282 ordinary shares in the Corporation at 811 pence per share.

 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 15 April 2024 is 32,527.

 c)   Price(s) and volume(s)

                                                                                        Price(s)             Volume(s)
                                                                                        811 pence per share  282

 d)   Aggregated information

      - Aggregated volume                                          282

      - Price                                                      £2287.02

 e)   Date of the transaction                                      15 April 2024
 f)   Place of the transaction                                     London Stock Exchange

 

 

 

 

 

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