Grant of Share Options

Manolete Partners PLC

01 August 2023

 

1 August 2023

Manolete Partners Plc

("Manolete" or the "Company")

Grant of Share Options

Manolete (AIM:MANO), the leading UK-listed insolvency litigation financing company, announces that on 31 July 2023, the deferred bonus award granted to Mark Tavener for the Company's financial year ended 31 March 2022, comprising of an option over 16,058 ordinary shares of £0.004 each, vested in full. The option has a per share exercise price equal to the nominal value of a share.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. The announcement, including the notification(s) below, is made in accordance with the requirements of the Market Abuse Regulation.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Wrenford Tavener
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	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	Ordinary shares of 0.4p
	Identification code	GB00BYWQCY12
b)	Nature of the transaction	Vesting of options over ordinary shares with an exercise price per ordinary share equal to the nominal value of an ordinary share
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 16,058
d)	Aggregated information: -     Aggregated volume -     Price	See 4 (c) above
e)	Date of the transaction	31 July 2023
f)	Place of the transaction	Outside of a trading venue

For further information, please contact:

Manolete Partners Plc Steven Cooklin (Chief Executive Officer)	via Instinctif Partners
Peel Hunt (NOMAD and Broker) Paul Shackleton	[phone]
Instinctif Partners (Financial PR) Tim Linacre                                           Victoria Hayns	[phone] [e-mail]

 

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