Law Debenture Corp PLC Director/PDMR Shareholding
January 29 2024 - 9:00AM
RNS Regulatory News
RNS Number : 2288B
Law Debenture Corp PLC
29 January 2024
29 January 2024
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 25 January 2024 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).
1
|
Details of the person discharging managerial
responsibilities
|
a)
|
Name
|
Denis Jackson
|
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
|
The Law Debenture Corporation
p.l.c.
|
b)
|
LEI
|
2138006E39QX7XV6PP21
|
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 5 pence each
|
|
|
Identification code
|
GB0031429219
|
|
|
b)
|
Nature of the transaction
|
343 shares purchased following
dividend reinvestment on awards granted under the Schemes. The
resultant total shares under the Schemes held by Denis Jackson as
at 29 January 2024 is 35,169.
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
Nil consideration
|
343
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
- Aggregated volume
|
343
|
|
|
- Price
|
Nil consideration
|
|
|
e)
|
Date of the transaction
|
25 January 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
1
|
Details of the person discharging managerial
responsibilities
|
a)
|
Name
|
Trish Houston
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Operating Officer
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
The Law Debenture Corporation
p.l.c.
|
b)
|
LEI
|
2138006E39QX7XV6PP21
|
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 5 pence each
|
|
|
Identification code
|
GB0031429219
|
|
|
b)
|
Nature of the transaction
|
139 shares purchased following
dividend reinvestment on awards granted under the Schemes. The
resultant total shares under the Schemes held by Trish Houston as
at 29 January 2024 is 14,214.
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
Nil consideration
|
139
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
- Aggregated volume
|
139
|
|
|
- Price
|
Nil consideration
|
|
|
e)
|
Date of the transaction
|
25 January 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
The Corporation further announces
that on 29 January 2024, Denis Jackson reinvested dividends
received from shares held on his own account, acquiring 239
ordinary shares in the Corporation at 791.234 pence per
share.
1
|
Details of the person discharging managerial
responsibilities
|
a)
|
Name
|
Denis Jackson
|
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
|
The Law Debenture Corporation
p.l.c.
|
b)
|
LEI
|
2138006E39QX7XV6PP21
|
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 5 pence each
|
|
|
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 29 January 2024 is 25,272.
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
791.231 pence per share
|
239
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
- Aggregated volume
|
239
|
|
|
- Price
|
£1,891.05
|
|
|
e)
|
Date of the transaction
|
29 January 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
|
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