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LendInvest plc announced the grant of 800,000 nil-cost options, relating to Ordinary Shares of £0.0005 each, to its CEO, Roderick Lockhart, under the company's Long Term Incentive Plan. While transacted on 1 August 2023, the company stated this award was not announced at the time due to an administrative oversight, with this notification made on 24 January 2024.
| Date | 24 Jan 2024 |
| Time | 07:00:08 |
| Category | Director/PDMR dealings |
| ID | 6677A |
24 January 2024
LendInvest plc
PDMR dealing
LendInvest plc (AIM: LINV, "LendInvest"), a leading platform for mortgages, announces the grant of 800,000 nil-cost options to Roderick Lockhart, CEO under the LendInvest Long Term Incentive Plan (the "Award"). Due to an administrative oversight, the Award was not announced at the date of transaction.
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1 |
Details of the person discharging managerial responsibilities/person closely associated
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a) |
Name: |
Roderick Lockhart
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2 |
Reason for the notification
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a) |
Position/Status:
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CEO |
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b) |
Initial Notification/Amendment:
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Initial Notification |
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3 |
Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
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a) |
Name: |
LendInvest plc
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b) |
LEI: |
213800NWMK3O4UWP9N91
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4. |
Details of 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.
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a) |
Description of the financial instrument: Identification code: |
Ordinary Shares of £0.0005 each in the capital of LendInvest plc ISIN GB00BMC2XX17 |
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b) |
Nature of the transaction:
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The grant of options under the LendInvest Long Term Incentive Plan to acquire Ordinary Shares for nil cost subject to a three year performance period |
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c) |
Price(s) and volume(s): |
Price(s)
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Volume(s) |
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n/a
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800,000 |
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d) |
Aggregated price(s) and volume(s): |
Price(s)
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Volume(s) |
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N/A
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N/A |
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e) |
Date of the Transaction:
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1 August 2023 |
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f) |
Place of the Transaction: |
Off market transaction
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