Director/PDMR Shareholding

RNS Number : 6735I

RBG Holdings PLC

06 December 2022

 

6 December 2022

RBG Holdings plc

("RBG" or the "Group")

Director Dealing

RBG Holdings plc (AIM: RBGP), the professional services group, announces that on 5 December 2022, Nicola Foulston, Chief Executive Officer, purchased a total of 250,000 ordinary shares of 0.2 pence each ("Ordinary Shares") in the Company at an average price of 64.65 pence per Ordinary Share for her SIPP.

Following this purchase, Mrs Foulston is beneficially interested in 11,765,264 Ordinary Shares, representing 12.34 per cent. of the issued share capital of the Company including 355,264 Ordinary Shares held in her SIPP and 11,410,000 Ordinary Shares held by Cascades Limited.

The Notification of Dealing Form required in accordance with UK MAR is set out below.

Enquiries:

RBG Holdings plc Nicola Foulston, CEO	Via SEC Newgate
Singer Capital Markets (Nomad and Broker) Rick Thompson / Alex Bond / James Fischer (Corporate Finance) Tom Salvesen (Corporate Broking)	Tel: [phone]
SEC Newgate (for media enquiries) Robin Tozer	Tel: [phone]   [e-mail]

About RBG Holdings plc

RBG Holdings plc is a professional services group, which comprises the following divisions:

RBG Legal Services Limited ("RBGLS")

RBGLS is the Group's legal services division which combines the businesses previously operated by Rosenblatt Limited and Memery Crystal LLP.

Rosenblatt

Rosenblatt is one of the UK's pioneering legal practices and a leader in dispute resolution. Rosenblatt provides a range of legal services to its diversified client base, which includes companies, banks, entrepreneurs and individuals. Complementing this is Rosenblatt's increasingly international footprint, advising on complex cross-jurisdictional disputes.

Memery Crystal

Memery Crystal offers legal services in a range of areas such as corporate (including a market-leading corporate finance offering), real estate, commercial, IP & technology (CIPT), banking & finance, tax & wealth structuring and employment. Memery Crystal is one of the leading legal practices in the UK to advise the emerging cannabis sector on a wide range of business issues. Memery Crystal offers a partner-led service to a broad range of clients, from multinational companies, financial institutions and owner-managed businesses to individual entrepreneurs.

Convex Capital Limited ("Convex Capital")

Convex Capital is a specialist sell-side corporate finance boutique based in Manchester. Convex Capital is entirely focused on helping companies, particularly owner-managed and entrepreneurial businesses, realise their value through sales to large corporates. Convex Capital identifies and proactively targets firms that it believes represent attractive acquisition opportunities.

LionFish Litigation Finance Limited ("LionFish")

The Group also provides litigation finance in selected cases through a separate arm, LionFish Litigation Finance Limited. LionFish finances litigation matters being run by other solicitors in return for a significant return on the outcome of those cases. As such, the Group has two types of litigation assets - Rosenblatt's own client matters, and litigation matters run by third-party solicitors. LionFish is positioned to be a unique, alternative provider to the traditional litigation funders.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Nicola Foulston
2.	Reason for the notification
a.	Position/status	Chief Executive Officer
a.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	RBG Holdings plc
b.	LEI	213800MJO31M84UMFL64
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 Identification code	Ordinary shares of 0.2 pence each GB00BFM6WL52
b.	Nature of the transaction	Purchase of Ordinary Shares
c.	Price(s) and volume(s)	Volume(s) Price(s) 50,000 62.0 p 25,000 66.0p 75,000 65.5p 100,000 65.0p
d.	Aggregated information Aggregated volume Price	250,000 Ordinary Shares at 64.65p
e.	Date of the transaction	5 December 2022
f.	Place of the transaction	London Stock Exchange

 

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