REG - Manolete Partners - Grant of Share Options

Manolete PartnersAnnouncement

01/08/2023 07:00

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RNS Number : 7968H  Manolete Partners PLC  01 August 2023

1 August 2023

 

Manolete Partners Plc

 

("Manolete" or the "Company")

 

Grant of Share Options

 

Manolete (AIM:MANO), the leading UK-listed insolvency litigation financing
company, announces that on 31 July 2023, the deferred bonus award granted to
Mark Tavener for the Company's financial year ended 31 March 2022, comprising
of an option over 16,058 ordinary shares of £0.004 each, vested in full. The
option has a per share exercise price equal to the nominal value of a share.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them. The
announcement, including the notification(s) below, is made in accordance with
the requirements of the Market Abuse Regulation.

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Mark Wrenford Tavener
 2.  Reason for the Notification
 a)  Position/status                                              Chief Financial 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 0.4p
     Identification code                                          GB00BYWQCY12
 b)  Nature of the transaction                                    Vesting of options over ordinary shares with an exercise price per ordinary
                                                                  share equal to the nominal value of an ordinary share
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       16,058
 d)  Aggregated information:                                      See 4 (c) above

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                                      31 July 2023

 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information:

-     Aggregated volume

-     Price

See 4 (c) above

 

e)

Date of the transaction

31 July 2023

 

f)

Place of the transaction

Outside of a trading venue

 

For further information, please contact:

 Manolete Partners Plc                                                                         via Instinctif Partners

 Steven Cooklin (Chief Executive Officer)

 Peel Hunt (NOMAD and Broker)                                                                  +44 (0)20 7418 8900

 Paul Shackleton

 Instinctif Partners (Financial PR)                                                            +44 (0)78 3767 4600

 Tim                                                                                           manolete@instinctif.com (mailto:manolete@instinctif.com)
 Linacre

 Victoria Hayns

 

 

 

 

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