Director/PDMR Dealings

RNS Number : 5286O

Manolete Partners PLC

10 February 2021

 

10 February 2021

Manolete Partners Plc

("Manolete" or the "Company")

Director/PDMR Dealings

Manolete (AIM:MANO), the leading listed insolvency litigation financing firm in the UK, announces that Steven Cooklin, Chief Executive Officer, has sold a further 250,000 ordinary shares of 0.4p each in the Company ("Ordinary shares") on 9 February 2021. This transaction completes Mr Cooklin's sell order of 1,000,000 Ordinary shares.

Mr Cooklin continues to hold approximately 15.7% of the Company's issued share capital as set out below:

Prior Holding			Resultant Holding
Number of Ordinary Shares	Percentage of issued share capital	Ordinary shares sold	Number of Ordinary Shares	Percentage of issued share capital
7,092,199	16.3%	250,000	6,842,199	15.7%

Mr Cooklin has confirmed that he has no intention to sell any further Ordinary shares for a period of at least 3 months, and intends to follow an orderly marketing process for a further 3 months, subject to certain customary limited exceptions.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	STEVEN COOKLIN
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	MANOLETE PARTNERS PLC
b)	LEI	213800R2X9V3KWCC4H47
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	MANOLETE PARTNERS PLC ORDINARY SHARES OF 0.4P EACH
	Identification code	ISIN: GB00BYWQCY12
b)	Nature of the transaction	SALE OF ORDINARY SHARES
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£1.80	250,000
d)	Aggregated information
	- Aggregated volume	250,000
	- Price	£450,000
e)	Date of the transaction	9 FEBRUARY 2021
f)	Place of the transaction	LONDON STOCK EXCHANGE

For further information, please contact:

Manolete Partners Plc   via Instinctif Partners

Steven Cooklin (Chief Executive Officer)

Peel Hunt (NOMAD and Sole Broker)  [phone]

James Britton

Rishi Shah

Duncan Littlejohns

Instinctif Partners (Financial PR) 

Tim Linacre                                                                                [phone]

Lewis Hill

 

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