Director/PDMR Shareholding
Chief Investment Officer Ian Thomas restructured shareholding via pension transfer, retaining 28.1% stake.
- Shares sold by Kilford Investments 1,600,000
- Price per share £0.26
- Shares acquired by pension 7,400
- Ian Thomas total shareholding 40,123,312 shares
- Percentage of issued share capital 28.1%
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LendInvest plc (LSE: LINV) ("LendInvest" or the "Company"), the UK's leading platform for mortgages, has been notified of the sale and acquisition of ordinary shares in the Company by Ian Thomas, the Chief Investment Officer and a Person Discharging Managerial Responsibilities ("PDMR") of the Company. Ian Thomas sold 1,600,000 ordinary shares at £0.26 per share held by his wholly owned company, Kilford Investments Limited, to his self-invested personal pension. As part of the transfer, his self-invested personal pension also acquired a further 7,400 ordinary shares at £0.26 per share. Following the transaction, Ian Thomas' shareholding has increased by 7,400 ordinary shares, and he now has a total holding of 40,123,312 ordinary shares, equivalent to 28.1% of the issued share capital of the Company.
Formal notification is set out below in accordance with the requirements of the Market Abuse Regulation. A separate notification of dealing form (TR-1) will follow this announcement.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Ian Edward Thomas |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Investment Officer |
| b) | Initial notification /Amendment | Initial |
| a) | Name | LendInvest plc |
| b) | LEI | 213800NWMK3O4UWP9N91 |
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 0.05 pence nominal value each |
| Identification code | GB00BMC2XX17 | |
| b) | Nature of the transaction | Sale of ordinary shares in LendInvest plc held by Ian Thomas' wholly-owned company, Kilford Investments Limited, to his self-invested personal pension. His self-invested personal pension also purchased 7,400 shares. |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| £0.26 | 1,607,400 | |
| d) | Aggregated information | |
| - Aggregated volume | 1,607,400 | |
| - Price | £417,924.00 | |
| e) | Date of the transaction | 22 October 2024 |
| f) | Place of the transaction | London Stock Exchange, AIM |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.