Lombard Risk Management PLC Exercise of Options (0104J)

TIDMLRM

RNS Number : 0104J

Lombard Risk Management PLC

06 September 2016

6 September 2016

Lombard Risk Management plc

(the "Company")

Exercise of Options

Lombard Risk Management plc (AIM: LRM.L), a leading global provider of integrated collateral management and regulatory reporting solutions for the financial services industry, announces that as the result of the exercise of options by an employee, the Company has issued and allotted 200,000 new ordinary shares of 0.5p each (the "New Ordinary Shares").

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on 9 September 2016.

The New Ordinary Shares will rank pari passu with the existing ordinary shares of the Company. In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, following this allotment the total number of ordinary shares in the capital of the Company in issue is 400,593,920. The Company currently holds 234 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in the Company is 400,593,686.

The above figure of 400,593,686 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.

 
     1.       Details of the person discharging managerial 
               responsibilities / person closely associated 
-------  ---------------------------------------------------------------------------- 
     a)       Name                                 Helen Nicol 
-------  -----------------------------------  --------------------------------------- 
     2.       Reason for the Notification 
-------  ---------------------------------------------------------------------------- 
     a)       Position/status                      PDMR 
-------  -----------------------------------  --------------------------------------- 
     b)       Initial notification/Amendment            Initial notification 
-------  -----------------------------------  --------------------------------------- 
 3.           Details of the issuer, emission allowance market 
               participant, auction platform, auctioneer or 
               auction monitor 
-------  ---------------------------------------------------------------------------- 
     a)       Name                                 Lombard Risk Management plc 
-------  -----------------------------------  --------------------------------------- 
     b)       LEI                                  n/a 
-------  -----------------------------------  --------------------------------------- 
 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                                Ordinary shares of 
               of the Financial                            0.5p 
               instrument, 
               type of instrument 
------- 
              Identification                       GB00B030JP46 
               code 
-------  -----------------------------------  --------------------------------------- 
     b)       Nature of the                              Exercise of options 
               transaction 
-------  -----------------------------------  --------------------------------------- 
     c)       Price(s) and                              Price(s)       Volume(s) 
               volume(s)                            -------------  -------------- 
                                                         6p             200,000 
                                                    -------------  -------------- 
-------  -----------------------------------  --------------------------------------- 
     d)       Aggregated information: 
                *    Aggregated volume               Exercise of Options over 200,000 
                                                     ordinary shares of 0.5p pence 
                                                     at 6p pence per ordinary share 
                *    Price 
-------  -----------------------------------  --------------------------------------- 
     e)       Date of the                          2 September 2016 
               transaction 
-------  -----------------------------------  --------------------------------------- 
     f)       Place of the                         London Stock Exchange, AIM Market 
               transaction                          (XLON) 
-------  -----------------------------------  --------------------------------------- 
 

For further information, please contact:

 
     Lombard Risk Management Plc                        Tel: [phone] 
      Alastair Brown, CEO                                6700 
      Nigel Gurney, CFO 
     finnCap (Nominated Adviser and Joint Broker)       Tel: [phone] 
      Stuart Andrews                                     0500 
      Carl Holmes 
      Scott Mathieson 
                                                        Tel: [phone] 
       WG Partners LLP (Joint Broker)                    9330 
       David Wilson 
       Claes Spång 
       Chris Lee 
     Newgate (Financial PR)                             Tel: [phone] 
      Bob Huxford                                        9850 
      Charlotte Coulson                                  [e-mail] 
      Adam Lloyd 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 06, 2016 02:00 ET (06:00 GMT)