REG - Lendinvest PLC LendInvest PLC-LINV - Director/PDMR Notification

LendinvestAnnouncement

03/02/2023 16:30

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RNS Number : 9256O  Lendinvest PLC  03 February 2023

LEI: 213800NWMK3O4UWP9N91

3 February 2023

LendInvest plc

 

Director/PDMR/PCA Notification and TR-1

 

LendInvest plc (AIM: LINV) ("LendInvest" or the "Company"), a leading
technology driven asset manager for UK property finance, has been notified of
the sale of ordinary shares in the Company by Faes & Co Holdings S.à r.l.
("Faes & Co"), a person closely associated ("PCA") with Christian Faes,
the Non-Executive Chair and a Person Discharging Managerial Responsibilities
("PDMR") of the Company.

 

Faes & Co sold 2,425,000 ordinary shares at a price of £0.80 per share in
order to satisfy institutional demand for shares in excess of those readily
available for sale and now, together with Christian Faes, still holds
37,630,912 ordinary shares in the Company representing approximately 27.2% of
the Company's issued share capital.

 

The notification of dealing form (in accordance with the requirements of the
Market Abuse Regulation) and TR-1 form are set out below.

 

 1.   Details of the person discharging managerial responsibilities / person closely
      associated
 (a)  Name                                      Faes & Co Holdings S.à r.l.

 2.   Reason for the Notification
 (a)  Position / status                         PCA of Christian Faes, Non-Executive Chair / PDMR

 (b)  Initial notification / amendment          Initial notification

 3.   Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 (a)  Name                                      LendInvest plc
 (b)  LEI                                       213800NWMK3O4UWP9N91
 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   Ordinary shares in LendInvest plc of £0.0005 each
      Identification code                       GB00BMC2XX17
 (b)  Nature of the transaction                 Sale of 2,425,000 ordinary shares in LendInvest plc

 (c)  Price(s) and volume(s)

Sale Price(s)  Volume(s)
                                                £0.80          2,425,000
 (d)  Aggregated information

      Aggregated volume                         N/A - single transaction

      Price
 (e)  Date of the transaction                   3 February 2023

 (f)  Place of the transaction                  London Stock Exchange, AIM

(d)

Aggregated information

Aggregated volume

Price

 

N/A - single transaction

(e)

Date of the transaction

3 February 2023

 

(f)

Place of the transaction

London Stock Exchange, AIM

 

 

TR-1: Standard form for notification of major holdings

 

 1a. Identity of the issuer or the underlying issuer of existing shares to                                                                                    LendInvest plc
 which voting rights are attached (ii):
 1b. Please indicate if the issuer is a non-UK issuer  (please mark with an
 "X" if appropriate)
 Non-UK issuer
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights                                                                                                                                                                                                               X
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights
 Other (please specify) (iii):
 3. Details of person subject to the notification obligation (iv)
 Name                                                                                                                                                         Christian Edouard Faes
 City and country of registered office (if applicable)                                                                                                        N/A
 4. Full name of shareholder(s) (if different from 3.) (v)
 Name                                                                                                                                                         Faes & Co Holdings S.à r.l.
 City and country of registered office (if applicable)                                                                                                        Luxembourg, Luxembourg
 5. Date on which the threshold was crossed or reached (vi):                                                                                                  3 February 2023
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               3 February 2023
 7. Total positions of person(s) subject to the notification obligation
                                                                            % of voting rights attached to shares (total of 8. A)  % of voting rights through financial instruments      Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer (8.A + 8.B) (vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  27.2%                                                  0%                                                    27.2%                           37,630,912
 Position of previous notification (if                                      28.9%                                                  0%                                                    28.9%                           40,055,912

 applicable)

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached (viii)
 A: Voting rights attached to shares
 Class/type of                                  Number of voting rights (ix)                                                                          % of voting rights

shares

 ISIN code (if possible)
                                                Direct                                        Indirect                                                Direct                                           Indirect

                                                (DTR5.1)                                       (DTR5.2.1)                                             (DTR5.1)                                         (DTR5.2.1)
 GB00BMC2XX17                                                   37,630,912                                                                            27.2%

 SUBTOTAL 8. A                                  37,630,912                                                                                            27.2%

 B 1: Financial Instruments according to DTR5.3.1R (1) (a)
 Type of financial instrument                   Expiration             Exercise/                                              Number of voting rights that may be acquired if the instrument is        % of voting rights

date (x)
Conversion Period (xi)

                                                                                                                              exercised/converted.

                                                                       SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
 (1) (b)
 Type of financial instrument  Expiration                              Exercise/                              Physical or cash                                                Number of voting rights  % of voting rights

date (x)
Conversion Period (xi)

                                                                                                              Settlement (xii)

                                                                                                              SUBTOTAL 8.B.2

 

 9. Information in relation to the person subject to the notification
 obligation (please mark the

 applicable box with an "X")
 Person subject to the notification obligation is not controlled by any natural
 person or legal entity and does not control any other undertaking(s) holding
 directly or indirectly an interest in the (underlying) issuer (xiii)
 Full chain of controlled undertakings through which the voting rights and/or                                                                                                                                             X
 the

financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity (please add additional rows as
 necessary) (xiv)
 Name (xv)                   % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                         than the notifiable threshold
 Christian Edouard Faes      0.2%
 Faes & Co Holdings          27.0%

S.à r.l.

 10. In case of proxy voting, please identify:
 Name of the proxy holder
 The number and % of voting rights held
 The date until which the voting rights will be held

 11. Additional information (xvi)

 

 Place of completion  London, United Kingdom
 Date of completion   3 February 2023

 

 

For further information, please contact:

LendInvest via Tulchan Communications
                                    +44
(0)20 7353 4200

Rod Lockhart, Chief Executive Officer

Michael Evans, Chief Financial Officer

Alex Dee, Head of Investor Relations

Leigh Rimmer, Head of External Communications

investorrelations@lendinvest.com

Panmure Gordon (NOMAD and Joint Broker)
 
+44 (0)20 7886 2500

Atholl Tweedie

Tom Scrivens

 

finnCap Limited (Joint Broker)
 
                        +44 (0)20 7220 0500

Jonny Franklin-Adams/George Dollemore (Corporate Finance)

Tim Redfern/Alice Lane (ECM)

Tulchan Communications (Financial PR)
 
+44 (0)20 7353 4200

Tom Murray

Ed Cropley

Olivia Lucas

 

 

 

 

 

 

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