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LWDB Law Debenture Corporation Plc

859.00
-3.00 (-0.35%)
30 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Law Debenture Corporation Plc LSE:LWDB London Ordinary Share GB0031429219 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00 -0.35% 859.00 866.00 867.00 867.00 852.00 855.00 415,316 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 133.36M 75.15M 0.5730 15.13 1.14B

Law Debenture Corp PLC Director/PDMR Shareholding

15/04/2024 6:25pm

RNS Regulatory News


RNS Number : 7022K
Law Debenture Corp PLC
15 April 2024
 

15 April 2024

 

The Law Debenture Corporation p.l.c.

 

Notification of Transaction by Persons Discharging Managerial Responsibility

 

The Law Debenture Corporation p.l.c. (the "Corporation") announced on 11 April 2024 that shares had been purchased by a subsidiary undertaking in connection with awards granted under employee share schemes for senior staff (the "Schemes") (the "Awards") previously approved by the Corporation's shareholders. The transactions, set out below, in the Corporation's ordinary shares of 5 pence each, were undertaken by directors / persons discharging managerial responsibility ("PDMR") following the purchase.

 

The Awards granted under the Schemes are held in trust and no consideration is payable on the grant or vesting of the Awards. The number of shares to which each Award relates is increased by the reinvestment of dividends due on the shares held in trust. 

 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the UK's retained EU law version of the Market Abuse Regulation (596/2014).

 

1

 

Details of the person discharging managerial responsibilities 

a)

Name

Denis Jackson

2

 

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Law Debenture Corporation p.l.c.

b)

LEI

2138006E39QX7XV6PP21

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 5 pence each



Identification code

GB0031429219



b)

 

Nature of the transaction

238 shares purchased following dividend reinvestment on awards granted under the Schemes. The resultant total shares under the Schemes held by Denis Jackson as at 15 April 2024 is 36,490. 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil consideration

238







d)

 

Aggregated information




- Aggregated volume

238



- Price

Nil consideration



e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue

 



 

1

 

Details of the person discharging managerial responsibilities 

a)

Name

Trish Houston

2

 

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Law Debenture Corporation p.l.c.

b)

LEI

2138006E39QX7XV6PP21

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 5 pence each



Identification code

GB0031429219



b)

 

Nature of the transaction

160 shares purchased following dividend reinvestment on awards granted under the Schemes. The resultant total shares under the Schemes held by Trish Houston as at 15 April 2024 is 25,529. 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil consideration

160







d)

 

Aggregated information




- Aggregated volume

160



- Price

Nil consideration



e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue

 



 

The Corporation further announces that on 15 April 2024, Denis Jackson reinvested dividends received from shares held on his own account, acquiring 282 ordinary shares in the Corporation at 811 pence per share.

1

 

Details of the person discharging managerial responsibilities 

a)

Name

Denis Jackson

2

 

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Law Debenture Corporation p.l.c.

b)

LEI

2138006E39QX7XV6PP21

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 5 pence each



Identification code

GB0031429219



b)

 

Nature of the transaction

Acquisition of shares by dividend reinvestment. The resultant total shares held by Denis Jackson on his own account as at 15 April 2024 is 32,527. 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




811 pence per share

282







d)

 

Aggregated information




- Aggregated volume

282



- Price

£2287.02



e)

Date of the transaction

15 April 2024

f)

Place of the transaction

London Stock Exchange

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END
 
 
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