Law Debenture Corp PLC Director/PDMR Shareholding (7533R)
October 30 2023 - 11:50AM
UK Regulatory
TIDMLWDB
RNS Number : 7533R
Law Debenture Corp PLC
30 October 2023
30 October 2023
The Law Debenture Corporation p.l.c.
Notification of Transaction by Persons Discharging Managerial
Responsibility
The Law Debenture Corporation p.l.c. (the "Corporation")
announced on 26 October 2023 that shares had been purchased by a
subsidiary undertaking in connection with awards granted under
employee share schemes for senior staff (the "Schemes") (the
"Awards") previously approved by the Corporation's shareholders.
The transactions, set out below, in the Corporation's ordinary
shares of 5 pence each, were undertaken by directors / persons
discharging managerial responsibility ("PDMR") following the
purchase.
The Awards granted under the Schemes are held in trust and no
consideration is payable on the grant or vesting of the Awards. The
number of shares to which each Award relates is increased by the
reinvestment of dividends due on the shares held in trust.
The relevant notifications set out below are provided in
accordance with the requirements of Article 19 of the UK's retained
EU law version of the Market Abuse Regulation (596/2014).
Details of the person discharging managerial responsibilities
1
a) Name Denis Jackson
--------------------------------- -----------------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
--------------------------------- -----------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------- -----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name The Law Debenture Corporation p.l.c.
--------------------------------- -----------------------------------------------
b) LEI 2138006E39QX7XV6PP21
--------------------------------- -----------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary shares of 5 pence each
financial instrument,
type of instrument
Identification code GB0031429219
b) Nature of the transaction 362 shares purchased following dividend
reinvestment on awards granted under
the Schemes. The resultant total shares
under the Schemes held by Denis Jackson
as at 30 October 2023 is 34,826.
--------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---------------------------- --------------
Price(s) Volume(s)
---------------------------- --------------
Nil consideration 362
------------------------------------------------------------------- --------------
d) Aggregated information
- Aggregated volume 362
- Price Nil consideration
e) Date of the transaction 26 October 2023
--------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------- -----------------------------------------------
Details of the person discharging managerial responsibilities
1
a) Name Trish Houston
--------------------------------- -----------------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------
a) Position/status Chief Operating Officer
--------------------------------- -----------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------- -----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name The Law Debenture Corporation p.l.c.
--------------------------------- -----------------------------------------------
b) LEI 2138006E39QX7XV6PP21
--------------------------------- -----------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary shares of 5 pence each
financial instrument,
type of instrument
Identification code GB0031429219
b) Nature of the transaction 146 shares purchased following dividend
reinvestment on awards granted under
the Schemes. The resultant total shares
under the Schemes held by Trish Houston
as at 30 October 2023 is 14,075.
--------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---------------------------- --------------
Price(s) Volume(s)
---------------------------- --------------
Nil consideration 146
------------------------------------------------------------------- --------------
d) Aggregated information
- Aggregated volume 146
- Price Nil consideration
e) Date of the transaction 26 October 2023
--------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------- -----------------------------------------------
The Corporation further announces that on 30 October 2023, Denis
Jackson reinvested dividends received from shares held on his own
account, acquiring 256 ordinary shares in the Corporation at 731
pence per share.
Details of the person discharging managerial responsibilities
1
a) Name Denis Jackson
----------------------------------- ------------------------------------------------------
Reason for the notification
2
-------------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
----------------------------------- ------------------------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- ------------------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------------
a) Name The Law Debenture Corporation p.l.c.
----------------------------------- ------------------------------------------------------
b) LEI 2138006E39QX7XV6PP21
----------------------------------- ------------------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary shares of 5 pence each
financial instrument,
type of instrument
Identification code GB0031429219
b) Nature of the transaction Acquisition of shares by dividend reinvestment.
The resultant total shares held by
Denis Jackson on his own account as
at 30 October 2023 is 25,033.
----------------------------------- ------------------------------------------------------
c) Price(s) and volume(s)
----------------------------- --------------------
Price(s) Volume(s)
----------------------------- --------------------
731 pence per
share 256
---------------------------------------------------------------------- --------------------
d) Aggregated information
- Aggregated volume 256
- Price GBP1871.36
e) Date of the transaction 30 October 2023
----------------------------------- ------------------------------------------------------
f) Place of the transaction London Stock Exchange
----------------------------------- ------------------------------------------------------
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END
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