REG - Orchard Funding Grp - Director/PDMR Shareholding

Orchard FundingAnnouncement

25/09/2024 07:00

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RNS Number : 4424F  Orchard Funding Group PLC  25 September 2024

25(th) September 2024

Orchard Funding Group PLC

Director Shareholding

Orchard Funding Group PLC ("Orchard", the "Group" or "Company"), the finance
group which specialises in insurance premium finance and the professions
funding market, confirms that on 20 September 2024, Ravi Takhar, the Company's
chief executive officer acquired 527,126 ordinary shares in the capital of the
Company ("Ordinary Shares"), previously held by an independently managed trust
of which he is a beneficiary (the "Trust").

Following the transfer, Ravi Takhar is holding 12,213,541 Ordinary Shares in
the Company representing 57.20% per cent of the Company's voting share
capital.

For further information, please contact:

Orchard Funding Group
PLC
+44 (0)1582 346 248

Ravi Takhar, Chief Executive Officer

Liberum (Nomad and
Broker)
+44 (0)20 3100 2222

Edward Mansfield

 

For Investor Relations please go to: www.orchardfundinggroupplc.com
(http://www.orchardfundinggroupplc.com/)

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Ravi Takhar

 2    Reason for the notification
 a)   Position/status                                              CEO

 b)   Initial notification/Amendment                               Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Orchard Funding Group plc

 b)   LEI                                                          213800U4K2POJCSQYR97
 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 1 penny each

      Identification code                                          GB00BYZFM569

 b)   Nature of the transaction                                    Acquisition

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     15p               527,126

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      20 September 2024

 f)   Place of the transaction                                     Off-market transaction

 

 

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