REG - Law Debenture Corp - Director/PDMR Shareholding
27/01/2025 17:00
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RNS Number : 8430U Law Debenture Corp PLC 27 January 2025
27 January 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 23
January 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 329 shares purchased following dividend reinvestment on awards granted under
the Schemes. The resultant total shares under the Schemes held by Denis
Jackson as at 27 January 2025 is 37,497.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil consideration 329
d) Aggregated information
- Aggregated volume 329
- Price Nil consideration
e) Date of the transaction 23 January 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 231 shares purchased following dividend reinvestment on awards granted under
the Schemes. The resultant total shares under the Schemes held by Trish
Houston as at 27 January 2025 is 26,234.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil consideration 231
d) Aggregated information
- Aggregated volume 231
- Price Nil consideration
e) Date of the transaction 23 January 2025
f) Place of the transaction Outside a trading venue
The Corporation further announces that on 27 January 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 27 January 2025 is 33,409.
c) Price(s) and volume(s)
Price(s) Volume(s)
8.9325 pence per share 294
d) Aggregated information
- Aggregated volume 294
- Price £2626.16
e) Date of the transaction 27 January 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 Parwinder Purewal
Name of PCA Sally Cosgrove
2 Reason for the notification
a) Position/status of PDMR Non-Executive Director
Position/status of PCA 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 27 January 2025 is 31,601.
c) Price(s) and volume(s)
Price(s) Volume(s)
8.9325 pence per share 278
d) Aggregated information
- Aggregated volume 278
- Price £2483.24
e) Date of the transaction 27 January 2025
f) Place of the transaction London Stock Exchange
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