Director/PDMR Shareholding
The Law Debenture Corporation p.l.c. has announced transactions by persons discharging managerial responsibility (PDMRs) related to its Deferred Share Bonus Plan. On March 16, 2026, deferred shares awarded on March 15, 2023, vested for Denis Jackson and Trish Houston. Denis Jackson sold 9,988 shares at 1105.2418 pence per share, totaling £110,391.55, to cover taxes and other expenses, retaining no shares. Trish Houston sold 3,489 shares at the same price, totaling £38,561.89, and retained 3,914 shares.
Select text to share a quote on X · sign in to keep highlights & notes in your LWDB notes
Deferred Share Bonus Plan
Disposal of shares
In accordance with the Corporation's Deferred Share Bonus Plan (the "Plan") deferred shares awarded on 15 March 2023 vested on 16 March 2026 in respect to the Directors listed below.
| Name | Director/ PDMR | Number of shares awarded on 15 March 2023 | Number of shares vested on 16 March 2026 (including dividend equivalents) | Shares sold to cover tax at a price of 1105.2418 pence per share | Additional shares sold at a share price of 1105.2418 pence per share | Shares retained by individual |
| D enis Jackson | Director | 8,913 | 9,988 | 4,719 | 5,269 | 0 |
| Trish Houston | Director | 6,607 | 7,403 | 3,489 | 0 | 3,914 |
| 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 | ||||
| a) | Name | The Law Debenture Corporation p.l.c. | ||||
| b) | LEI | 2138006E39QX7XV6PP21 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 5 pence each | ||||
| Identification code | GB0031429219 | |||||
| b) | Nature of the transaction | Disposal of shares | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| 1105.2418 pence per share | 9,988 | |||||
| d) | Aggregated information | |||||
| - Aggregated volume | 9,988 | |||||
| - Price | £ 110,391.55 | |||||
| e) | Date of the transaction | 16 March 2026 | ||||
| f) | Place of the transaction | London Stock Exchange | ||||
| 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 | ||||
| a) | Name | The Law Debenture Corporation p.l.c. | ||||
| b) | LEI | 2138006E39QX7XV6PP21 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 5 pence each | ||||
| Identification code | GB0031429219 | |||||
| b) | Nature of the transaction | Disposal of shares | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| 1105.2418 pence per share | 3,489 | |||||
| d) | Aggregated information | |||||
| - Aggregated volume | 3,489 | |||||
| - Price | £38,561.89 | |||||
| e) | Date of the transaction | 16 March 2026 | ||||
| f) | Place of the transaction | London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.