REG - Orchard Funding Grp - Director/PDMR Shareholding

Orchard FundingAnnouncement

20/12/2024 13:30

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RNS Number : 9804Q  Orchard Funding Group PLC  20 December 2024

20 December 2024

 

Orchard Funding Group PLC

("Orchard Funding" or the "Company")

 

Director Shareholding

 

Orchard Funding Group PLC, the finance group which specialises in insurance
premium finance and the professions funding market, announces that on 19th
December 2024, Ravi Takhar, the Company's chief executive officer acquired
114,041 ordinary shares in the capital of the Company ("Ordinary Shares"),
from an independently managed trust of which he is the beneficiary for nil
consideration.

 

Following the transfer, Ravi Takhar's beneficial interest in the Company's
share capital remains unchanged at 12,213,541 Ordinary Shares, 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

 Allenby Capital Limited (Nomad and Broker)                +44 (0)20 3328 5656
 Nick Naylor/James Reeve (Corporate Finance)
 Amrit Nahal/Jos Pinnington (Sales and Corporate Broking)

 

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                                    Sale and repurchase of ordinary shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     0p                114,041

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      19(th) December 2024

 f)   Place of the transaction                                     Outside a trading venue

 

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