Director/PDMR Shareholding

Manolete Partners PLC

17 October 2024

 

17 October 2024

Manolete Partners PLC

("Manolete" or the "Company")

Director/PDMR Dealings

Manolete Partners Plc (AIM:MANO), the leading quoted UK insolvency litigation financing company has been notified that Steven Cooklin, Chief Executive Officer and PDMR, has today instructed the transfer of a total of 2,500,000 ordinary shares of 0.4p each in the Company ("Ordinary Shares"), into trusts for his sons, as part of his family inheritance planning.

The beneficiaries of the trusts are not defined as persons closely associated with Steven Cooklin under the EU Market Abuse Regulations.

Following the transfer, Steven Cooklin's resultant interest in Ordinary Shares is 4,342,199, representing 9.92 per cent. of Manolete's issued share capital.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Steven Cooklin
2	Reason for the notification
a)	Position/status	PDMR, 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 Identification code	Ordinary Shares of 0.4 pence each ISIN: GB00BYWQCY12
b)	Nature of the transaction	Transfer of Ordinary Shares into family trusts
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil consideration	1,250,000
		Nil consideration	1,250,000
d)	Aggregated information - Aggregated volume - Price	2,500,000 Ordinary shares Nil consideration
e)	Date of the transaction	17 October 2024
f)	Place of the transaction	Outside a trading venue

For further information please contact:

Manolete Partners	via Instinctif Partners
Steven Cooklin (Chief Executive Officer)
Canaccord (NOMAD and Sole Broker)	[phone]
Emma Gabriel
Instinctif Partners	[phone]
Hannah Scott Tim Linacre

 

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