Lords Group Trading PLC Director/PDMR Transaction (6636Y)
2022年9月7日 - 11:33PM
RNSを含む英国規制内ニュース (英語)
TIDMLORD
RNS Number : 6636Y
Lords Group Trading PLC
07 September 2022
For immediate release 7 September 2022
Lords Group Trading plc
("Lords" or the "Company")
Director/PDMR Transaction
Lords, a leading distributor of building materials in the UK,
announces that it has today been notified by Shanker Patel, the
Company's Chief Executive Officer, that on 7 September 2022
children of and therefore two persons closely associated ("PCA")
with Shanker Patel, purchased an aggregate of 17,791 ordinary
shares in the Company at a price of 73 pence per ordinary
share.
As a result, Shanker Patel is now interested, together with his
children and related entities and trusts, in a maximum of an
aggregate of 53,282,925* ordinary shares in the Company,
representing 32.8 per cent. of the Company's issued ordinary share
capital. The members of the Lords concert party collectively hold
83,997,266 ordinary shares, representing 51.7 per cent. of the
Company's issued share capital.
The notifications below, which are made in accordance with the
Market Abuse Regulation, provide further details.
*including a potential interest in a conditional gift of
6,296,250 ordinary shares to Shanker Patel from a member of the
concert party. Subject to the satisfaction of conditions to the
gift, the gift may become unconditional on 24 June 2023.
- Ends -
FOR FURTHER ENQUIRIES:
Lords Group Trading plc Via Buchanan
Shanker Patel, Chief Executive Officer Tel: +44 (0) 20 7466
5000
Chris Day, Chief Financial Officer
Cenkos Securities plc (Nominated Adviser Tel: +44 (0)20 7397
and Joint Broker) 8900
Ben Jeynes / Max Gould / Dan Hodkinson (Corporate
Finance)
Alex Pollen (Sales)
Berenberg (Joint Broker) Tel: +44 (0)20 3207
Matthew Armitt / Richard Bootle / Ciaran 7800
Walsh
Buchanan Communications Tel: +44 (0) 20 7466
5000
Henry Harrison-Topham / Stephanie Whitmore/ LGT@buchanan.uk.com
Kim Looringh-van Beeck / Abby Gilchrist
The following notifications are intended to satisfy the
Company's obligations under Article 19(3) of the Market Abuse
Regulation.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name a) Suri Usha Patel
b) Nehru Shanker Patel
------------------------------- -----------------------------------------------
2 Reason for notification
------------------------------- -----------------------------------------------
a) Position/Status a) PCA of Shanker Patel, Chief Executive
Officer
b) PCA of Shanker Patel, 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 Lords Group Trading plc
------------------------------- -----------------------------------------------
b) LEI 9845009A4D87F1CE5145
------------------------------- -----------------------------------------------
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 a) Ordinary shares
financial instrument, b) Ordinary shares
type of instrument ISIN: GB00BM9CLS53
and identification
code
------------------------------- -----------------------------------------------
b) Nature of transaction a) Purchase of Ordinary shares
b) Purchase of Ordinary shares
------------------------------- -----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
a) 73 pence a) 7,526
b) 73 pence b) 10,265
------------------------------- -----------------------------------------------
d) Aggregated information n/a
------------------------------- -----------------------------------------------
e) Date of transaction
a) 7 September 2022
b) 7 September 2022
------------------------------- -----------------------------------------------
f) Place of transaction AIM
------------------------------- -----------------------------------------------
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END
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September 07, 2022 10:33 ET (14:33 GMT)
Lords Group Trading (LSE:LORD)
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