Lombard Risk Management PLC Director Dealing (0845N)

TIDMLRM

RNS Number : 0845N

Lombard Risk Management PLC

20 October 2016

Lombard Risk Management plc

(the "Company")

Director Dealing

Lombard Risk Management plc (AIM: LRM.L), a leading global provider of integrated collateral management and regulatory reporting solutions for the financial services industry, was notified today of the following transactions by directors of the Company:

Alastair Brown, CEO of the Company, has today purchased 540,540 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at a price of 9.25 pence per Ordinary Share. As a result, Mr Brown is now interested in 1,683,400 Ordinary Shares of the Company, representing 0.42 per cent. of the issued share capital.

Nigel Gurney, Chief Financial Officer of the Company, has today purchased 168,961 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at a price of 9 pence per Ordinary Share. As a result, Mr Gurney is now interested in 622,829 Ordinary Shares of the Company, representing 0.16 per cent. of the issued share capital.

 
     1.       Details of the person discharging 
               managerial responsibilities / person 
               closely associated 
-------  ------------------------------------------------------------------------ 
     a)       Name                                 Alastair Brown 
-------  -----------------------------------  ----------------------------------- 
     2.       Reason for the Notification 
-------  ------------------------------------------------------------------------ 
     a)       Position/status                      Director, 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                                 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 the Financial                            of 0.5p 
               instrument, 
               type of instrument 
------- 
              Identification                       GB00B030JP46 
               code 
-------  -----------------------------------  ----------------------------------- 
     b)       Nature of                             Purchase of ordinary 
               the transaction                       shares from the open market 
-------  -----------------------------------  ----------------------------------- 
     c)       Price(s)                                  Price(s)       Volume(s) 
               and volume(s)                        -------------  -------------- 
                                                         9.25p          540,540 
                                                    -------------  -------------- 
-------  -----------------------------------  ----------------------------------- 
     d)       Aggregated 
               information:                          540,540 ordinary shares 
                *    Aggregated volume               of 0.05 pence purchased 
                                                     at 9.25 pence per ordinary 
                                                     share 
                *    Price 
-------  -----------------------------------  ----------------------------------- 
     e)       Date of the                          20 October 2016 
               transaction 
-------  -----------------------------------  ----------------------------------- 
     f)       Place of                             London Stock Exchange, 
               the transaction                      AIM Market (XLON) 
-------  -----------------------------------  ----------------------------------- 
 
 
     1.       Details of the person discharging 
               managerial responsibilities / person 
               closely associated 
-------  ------------------------------------------------------------------------ 
     a)       Name                                 Nigel Gurney 
-------  -----------------------------------  ----------------------------------- 
     2.       Reason for the Notification 
-------  ------------------------------------------------------------------------ 
     a)       Position/status                      Director, Chief Financial 
                                                    Officer 
-------  -----------------------------------  ----------------------------------- 
     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 the Financial                            of 0.5p 
               instrument, 
               type of instrument 
------- 
              Identification                       GB00B030JP46 
               code 
-------  -----------------------------------  ----------------------------------- 
     b)       Nature of                             Purchase of ordinary 
               the transaction                       shares from the open market 
-------  -----------------------------------  ----------------------------------- 
     c)       Price(s)                                  Price(s)       Volume(s) 
               and volume(s)                        -------------  -------------- 
                                                         9p             168,961 
                                                    -------------  -------------- 
-------  -----------------------------------  ----------------------------------- 
     d)       Aggregated 
               information:                          168,961 ordinary shares 
                *    Aggregated volume               of 0.05 pence purchased 
                                                     at 9 pence per ordinary 
                                                     share 
                *    Price 
-------  -----------------------------------  ----------------------------------- 
     e)       Date of the                          20 October 2016 
               transaction 
-------  -----------------------------------  ----------------------------------- 
     f)       Place of                             London Stock Exchange, 
               the transaction                      AIM Market (XLON) 
-------  -----------------------------------  ----------------------------------- 
 

For further information, please contact:

 
     Lombard Risk Management Plc            Tel: +44 (0)20 
      Alastair Brown, CEO                    7593 6700 
      Nigel Gurney, CFO 
     finnCap (Nominated Adviser and         Tel: +44 (0)20 
      Joint Broker)                          7220 0500 
      Stuart Andrews 
      Carl Holmes 
      Scott Mathieson 
                                            Tel: +44 (0) 
       WG Partners LLP (Joint Broker)        203 705 9330 
       David Wilson 
       Claes Spång 
       Chris Lee 
     Newgate (Financial PR)                 Tel: +44 (0)20 
      Bob Huxford                            7653 9850 
      Charlotte Coulson                      [e-mail] 
      Adam Lloyd 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHBBBDGSDDBGLG

(END) Dow Jones Newswires

October 20, 2016 07:26 ET (11:26 GMT)