Source - RNS
RNS Number : 0104J
Lombard Risk Management PLC
06 September 2016
 

6 September 2016

Lombard Risk Management plc

(the "Company")

 

Exercise of Options

 

Lombard Risk Management plc (AIM: LRM.L), a leading global provider of integrated collateral management and regulatory reporting solutions for the financial services industry, announces that as the result of the exercise of options by an employee, the Company has issued and allotted 200,000 new ordinary shares of 0.5p each (the "New Ordinary Shares").

 

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on 9 September 2016.

 

The New Ordinary Shares will rank pari passu with the existing ordinary shares of the Company.  In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, following this allotment the total number of ordinary shares in the capital of the Company in issue is 400,593,920.  The Company currently holds 234 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in the Company is 400,593,686.

 

The above figure of 400,593,686 may be used by shareholders 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 the Company, under the Disclosure and Transparency Rules.

 

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Helen Nicol

2.               

Reason for the Notification

a)

Position/status

PDMR

b)

Initial notification/Amendment

Initial notification

 

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

n/a

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 0.5p

 

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

6p

200,000

 

d)

Aggregated information:

·Aggregated volume

·Price

 

Exercise of Options over 200,000 ordinary shares of 0.5p pence at 6p pence per ordinary share

e)

Date of the transaction

2 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

For further information, please contact:

 

Lombard Risk Management Plc

Alastair Brown, CEO

Nigel Gurney, CFO

 

Tel:  +44 (0)20 7593 6700

finnCap (Nominated Adviser and Joint Broker)

Stuart Andrews

Carl Holmes

Scott Mathieson

Tel:  +44 (0)20 7220 0500

 

 

WG Partners LLP (Joint Broker)

David Wilson

Claes Spång

Chris Lee

 

Tel:  +44 (0) 203 705 9330

 

Newgate (Financial PR)

Bob Huxford

Charlotte Coulson

Adam Lloyd

Tel: +44 (0)20 7653 9850

[email protected]

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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