REG - Manolete Partners - Director/PDMR Dealings

Manolete PartnersAnnouncement

10/02/2021 07:00

RNS Number : 5286O
  
Manolete Partners PLC
  
10 February 2021
  
 

10 February 2021
Manolete Partners Plc
 
("Manolete" or the "Company")
 
Director/PDMR Dealings
 
Manolete (AIM:MANO), the leading listed insolvency litigation financing firm in the UK, announces that Steven Cooklin, Chief Executive Officer, has sold a further 250,000 ordinary shares of 0.4p each in the Company ("Ordinary shares") on 9 February 2021. This transaction completes Mr Cooklin's sell order of 1,000,000 Ordinary shares.
 
Mr Cooklin continues to hold approximately 15.7% of the Company's issued share capital as set out below:
 




Prior Holding


 


Resultant Holding




Number of Ordinary Shares


Percentage of issued share capital


Ordinary shares sold


Number of Ordinary Shares


Percentage of issued share capital




7,092,199


16.3%


250,000


6,842,199


15.7%




 
Mr Cooklin has confirmed that he has no intention to sell any further Ordinary shares for a period of at least 3 months, and intends to follow an orderly marketing process for a further 3 months, subject to certain customary limited exceptions.
 
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
 
 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


STEVEN COOKLIN 




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 
 
 


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 


MANOLETE PARTNERS PLC ORDINARY SHARES OF 0.4P EACH




 


 




Identification code 


ISIN: GB00BYWQCY12




 


 




b) 
 


Nature of the transaction 
 
 


SALE OF ORDINARY SHARES




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


£1.80


250,000


 




 


 


 


 


 




d) 
 


Aggregated information 


 




 


 




- Aggregated volume


250,000




 


 




- Price


£450,000




 


 




e) 
 


Date of the transaction 
 
 


9 FEBRUARY 2021




f) 
 


Place of the transaction 
 
 


LONDON STOCK EXCHANGE




 
 
For further information, please contact:
 
Manolete Partners Plc                                                              via Instinctif Partners
Steven Cooklin (Chief Executive Officer)
 
Peel Hunt (NOMAD and Sole Broker)                                     +44 (0)20 7418 8900
James Britton
Rishi Shah
Duncan Littlejohns 
 
Instinctif Partners (Financial PR)                                              
Tim Linacre                                                                                +44 (0)79 4993 9237
Lewis Hill
 

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