Manolete Partners PLC Grant of Share Options (2291V)
December 02 2019 - 2:01AM
UK Regulatory
TIDMMANO
RNS Number : 2291V
Manolete Partners PLC
02 December 2019
2 December 2019
Manolete Partners Plc
("Manolete" or the "Company")
Grant of Share Options
Manolete (AIM:MANO), a leading UK insolvency litigation
financing company, announces that on 29 November 2019 the Company's
Chief Financial Officer, Mark Tavener, was granted options over
6,451 ordinary shares of 0.4p each in the Company ("Ordinary
shares") pursuant to Part A of the Manolete Partners Plc Company
Share Option Plan 2018. The options, which are subject to an
exercise price of GBP4.65 per share, will vest on a one-third per
annum basis but may not be exercised until the third anniversary of
the date of grant.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
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 Initial Notification
/Amendment
--------------------------------------- ----------------------------------------------
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 Option to acquire Ordinary shares
financial instrument, at an exercise price of GBP4.65 per
type of instrument share
Identification code ISIN: GB00BYWQCY12
b) Nature of the transaction Grant of an option over shares pursuant
to Part A of the Manolete Partners
Plc Company Share Option Plan 2018
--------------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
--------------------- --------------------
Price(s) Volume(s)
--------------------- --------------------
GBP0.00 6,451
------------------------------------------------------------------ --------------------
d) Aggregated information
- Aggregated volume 6,451
- Price GBP0.00
e) Date of the transaction 29 November 2019
--------------------------------------- ----------------------------------------------
f) Place of the transaction London
--------------------------------------- ----------------------------------------------
For further information, please contact:
Manolete Partners Plc via Instinctif Partners
Steven Cooklin
Peel Hunt (NOMAD and Sole Broker) +44 (0)20 7418 8900
Guy Wiehahn
Rishi Shah
Instinctif Partners (Financial PR) +44 (0)20 7457 2020
Tim Linacre
Lewis Hill
Katie Bairsto
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHEAXFNADSNFFF
(END) Dow Jones Newswires
December 02, 2019 02:01 ET (07:01 GMT)
Manolete Partners (LSE:MANO)
Historical Stock Chart
From Apr 2024 to May 2024
Manolete Partners (LSE:MANO)
Historical Stock Chart
From May 2023 to May 2024