REG - Manolete Partners - Director/PDMR Shareholding

Manolete PartnersAnnouncement

17/10/2024 12:45

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RNS Number : 6369I  Manolete Partners PLC  17 October 2024

17 October 2024

 

Manolete Partners PLC

("Manolete" or the "Company")

 

Director/PDMR Dealings

 

Manolete Partners Plc (AIM:MANO), the leading quoted UK insolvency litigation
financing company has been notified that Steven Cooklin, Chief Executive
Officer and PDMR, has today instructed the transfer of a total of 2,500,000
ordinary shares of 0.4p each in the Company ("Ordinary Shares"), into trusts
for his sons, as part of his family inheritance planning.

 

The beneficiaries of the trusts are not defined as persons closely associated
with Steven Cooklin under the EU Market Abuse Regulations.

 

Following the transfer, Steven Cooklin's resultant interest in Ordinary Shares
is 4,342,199, representing 9.92 per cent. of Manolete's issued share capital.

 

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         Steven Cooklin

 2    Reason for the notification
 a)   Position/status                                              PDMR, 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  Ordinary Shares of 0.4 pence each

      Identification code

                                                                   ISIN: GB00BYWQCY12

 b)   Nature of the transaction                                    Transfer of Ordinary Shares into family trusts

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

      Nil consideration                                                                        1,250,000

      Nil consideration                                                                        1,250,000

 d)   Aggregated information

                                                                   2,500,000 Ordinary shares

      - Aggregated volume

                                                                   Nil consideration

      - Price

 e)   Date of the transaction                                      17 October 2024

 f)   Place of the transaction                                     Outside a trading venue

 

 

For further information please contact:

 

 Manolete Partners                         via Instinctif Partners
 Steven Cooklin (Chief Executive Officer)

 Canaccord (NOMAD and Sole Broker)         +44 (0)20 7523 8000
 Emma Gabriel

 Instinctif Partners                       +44 (0)20 7457 2020
 Hannah Scott

 Tim Linacre

 

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