PDMR Exercise of Share Options

RNS Number : 1802W

Lendinvest PLC

16 August 2022

 

LEI: 213800NWMK3O4UWP9N91

16 August 2022

PDMR Exercise of Share Options

("LendInvest" or the "Company")

LendInvest plc (LSE: LINV) ("LendInvest" or the "Group"), a leading technology driven asset manager for UK property finance, announces the exercise of share options under the Company Share Option Plan by Michael Evans, the Chief Financial Officer and a PDMR of the Company. Michael Evans exercised options over 57,000 ordinary shares in the capital of the Company at an exercise price of £0.0005 each. The exercise of options will be satisfied by 57,000 ordinary shares from the LendInvest Employee Benefit Trust.

1.	Details of the person discharging managerial responsibilities / person closely associated
(a)	Name	Michael Evans
2.	Reason for the Notification
(a)	Position / status	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	LendInvest plc
(b)	LEI	213800NWMK3O4UWP9N91
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	Ordinary shares in LendInvest plc of £0.0005 each
	Identification code	GB00BMC2XX17
(b)	Nature of the transaction	Exercise of Company Share Option Plan options (granted in 2017, 2018 and 2019) over ordinary shares in LendInvest plc
(c)	Price(s) and volume(s)	Exercise Price(s) Volume(s) £0.0005 57,000
(d)	Aggregated information Aggregated volume Price	57,000 ordinary shares at £0.0005 per ordinary share
(e)	Date of the transaction	16 August 2022
(f)	Place of the transaction	Outside a trading venue

For further information, please contact:

LendInvest via Tulchan Communications      [phone]

Rod Lockhart, Chief Executive Officer

Michael Evans, Chief Financial Officer

Alex Dee, Head of Investor Relations

Leigh Rimmer, Senior PR Manager

[e-mail]

Panmure Gordon (NOMAD and Joint Broker)   [phone]

Atholl Tweedie

Charles Leigh-Pemberton

finnCap Limited (Joint Broker)      [phone]

Jonny Franklin-Adams/George Dollemore (Corporate Finance)

Tim Redfern/Alice Lane (ECM)

Tulchan Communications (Financial PR)   [phone]

Tom Murray

Matt Low

Misha Bayliss

Olivia Lucas

 

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