Orchard Funding Group PLC Director/PDMR Shareholding

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	[phone]
Ravi Takhar, Chief Executive Officer
Allenby Capital Limited (Nomad and Broker)	[phone]
Nick Naylor/James Reeve (Corporate Finance)
Amrit Nahal/Jos Pinnington (Sales and Corporate Broking)

 

For Investor Relations please go to: 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	19th December 2024
f)	Place of the transaction	Outside a trading venue

 

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