t
Manolete Partners PLC CEO, Mena Halton, exercised options over 175,000 ordinary shares at 0.4p each on June 29, 2026. On June 30, 2026, she sold 108,305 of these shares at 38p each, resulting in her being interested in a total of 627,939 ordinary shares, representing 1.43% of the company's issued share capital. An application has been made for the 175,000 shares to be admitted to trading on AIM, expected on July 6, 2026, bringing the total issued ordinary shares to 43,985,966.
| Date | 30 Jun 2026 |
| Time | 17:23:29 |
| Category | Director/PDMR dealings |
| ID | 4695K |
30 June 2026
Manolete Partners PLC
("Manolete" or the "Company")
Directors Dealing and TVR
Manolete, the leading UK-listed insolvency litigation financing company, announces that Mena Halton, its Chief Executive Officer, yesterday exercised options over 175,000 ordinary shares of 0.4p each in the capital of the Company ("Ordinary Shares"). In order to satisfy the tax arising on exercise, the exercise price and the associated trading commissions she has today sold 108,305 Ordinary Shares at a price of 38p and will retain the balance of 66,695 Ordinary Shares. As a result of the transaction Mena Halton is now interested in 627,939 Ordinary Shares representing 1.43 per cent of the Company's issued share capital.
Application has been made for the 175,000 Ordinary Shares to be admitted to trading on AIM and it is expected that trading in them will commence on 6 July 2026.
Following this issue of Ordinary Shares the Company will have 43,985,966 Ordinary Shares in issue. The Company does not hold any Ordinary Shares in Treasury. This figure of 43,985,966 Ordinary Shares may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Company or its Group under the FCA's Disclosure Guidance and Transparency Rules.
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 |
Philomena Halton |
|||||
|
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 |
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 Financial instrument, type of instrument |
Ordinary shares of 0.4p |
|||||
|
Identification code |
GB00BYWQCY12 |
||||||
|
b) |
Nature of the transaction |
Exercise of options over ordinary shares with an exercise price per ordinary share equal to the nominal value of an ordinary share |
|||||
|
c) |
Price(s) and volume(s) |
|
|||||
|
d) |
Aggregated information: ·Aggregated volume ·Price |
Aggregated price |
Aggregated volume |
||||
|
£700 |
175,000 |
||||||
|
e) |
Date of the transaction |
29 June 2026
|
|||||
|
f) |
Place of the transaction |
Outside of a trading venue |
|||||
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 |
Philomena Halton |
|||||
|
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 |
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 Financial instrument, type of instrument |
Ordinary shares of 0.4p |
|||||
|
Identification code |
GB00BYWQCY12 |
||||||
|
b) |
Nature of the transaction |
Sale of Shares |
|||||
|
c) |
Price(s) and volume(s) |
|
|||||
|
d) |
Aggregated information: ·Aggregated volume ·Price |
Aggregated price |
Aggregated volume |
||||
|
£41,155.90 |
108,305 |
||||||
|
e) |
Date of the transaction |
30 June 2026
|
|||||
|
f) |
Place of the transaction |
London Stock Exchange |
|||||
For further information please contact:
Manolete Partners
Mena Halton (Chief Executive Officer) via Houston
Will Sawyer (Chief Financial Officer)
Canaccord (NOMAD and Sole Broker) +44 (0)20 7523 8000
Emma Gabriel
Stuart Andrews
Harry Rees
Houston (Financial PR) +44 (0)77 3303 2695
Charlie Barker +44 (0)20 4529 0549
Nick Jackman
About Manolete Partners PLC
Manolete Partners Plc is the UK's leading insolvency claims financing company. Serving a growing market worth over £500 million annually, the Company has a highly experienced team with coverage across the UK and a proven track record of generating strong historic returns across over 1,400 cases financed and completed to date.
Widely recognised as the industry leader, Manolete is the only company in the insolvency litigation funding section to be ranked in Band 1 of the legal industry's prestigious Chambers Guide five times. The Company is also five-time winner of 'Insolvency Litigation Funder of the Year' at the Turnaround, Restructuring and Insolvency Industry Awards.