Lendinvest PLC PDMR Dealing
September 06 2024 - 6:53AM
RNS Regulatory News
RNS Number : 2707D
Lendinvest PLC
06 September 2024
6 September 2024
LendInvest
plc
PDMR
dealing
LendInvest plc (AIM: LINV, the
"Company"), a leading platform for mortgages, announces the grant
of 1,600,000 nil-cost options to acquire ordinary shares of £0.0005
in the Company to Roderick Lockhart, CEO, under the LendInvest Long
Term Incentive Plan (the "LTIP").
It is further announced that the
previous award of 800,000 nil-cost options granted to Roderick
Lockhart on 1 August 2023 (the "FY24 Award") has been cancelled,
taking into account share price performance and in order to help
prudently manage future expenditure and dilution headroom. No
compensation will be payable to Roderick Lockhart for the
cancellation of the FY24 Award.
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Roderick Lockhart
|
|
2
|
Reason for the notification
|
|
a)
|
Position/Status:
|
CEO
|
|
b)
|
Initial
Notification/Amendment:
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market
participation, auction platform, auctioneer or auction
monitor
|
|
a)
|
Name:
|
LendInvest plc
|
|
b)
|
LEI:
|
213800NWMK3O4UWP9N91
|
|
4.
|
Details of 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:
Identification code:
|
Ordinary Shares of £0.0005 each in
the capital of LendInvest plc
ISIN GB00BMC2XX17
|
|
b)
|
Nature of the
transaction:
|
The grant of options under the
LendInvest Long Term Incentive Plan to acquire Ordinary Shares for
nil cost subject to a three year performance period
|
|
c)
|
Price(s) and volume(s):
|
Price(s)
|
Volume(s)
|
|
n/a
|
1,600,000
|
|
d)
|
Aggregated price(s) and
volume(s):
|
Price(s)
|
Volume(s)
|
|
N/A
|
N/A
|
|
e)
|
Date of the Transaction:
|
4 September 2024
|
|
f)
|
Place of the Transaction:
|
Off market transaction
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Roderick Lockhart
|
|
2
|
Reason for the notification
|
|
a)
|
Position/Status:
|
CEO
|
|
b)
|
Initial
Notification/Amendment:
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market
participation, auction platform, auctioneer or auction
monitor
|
|
a)
|
Name:
|
LendInvest plc
|
|
b)
|
LEI:
|
213800NWMK3O4UWP9N91
|
|
4.
|
Details of 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:
Identification code:
|
Ordinary Shares of £0.0005 each in
the capital of LendInvest plc
ISIN GB00BMC2XX17
|
|
b)
|
Nature of the
transaction:
|
The cancellation of options to
acquire Ordinary Shares for nil cost granted on 1 August 2023 under
the LendInvest Long Term Incentive Plan
|
|
c)
|
Price(s) and volume(s):
|
Price(s)
|
Volume(s)
|
|
n/a
|
800,000
|
|
d)
|
Aggregated price(s) and
volume(s):
|
Price(s)
|
Volume(s)
|
|
N/A
|
N/A
|
|
e)
|
Date of the Transaction:
|
4 September 2024
|
|
f)
|
Place of the Transaction:
|
Off market transaction
|
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END
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