LEI: 213800NWMK3O4UWP9N91
5 May 2023
PDMR Exercise of Share Options
("LendInvest" or the "Company")
LendInvest plc (LSE: LINV; "LendInvest"), the UK's leading platform for mortgages, announces the exercise of share options under the Company Share Option Plan by Michael Evans, the Chief Financial Officer and a PDMR of the Company. Michael Evans exercised options over 80,000 ordinary shares in the capital of the Company at an exercise price of £0.0005 each. The exercise of options will be satisfied by 80,000 ordinary shares from the LendInvest Employee Benefit Trust.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| (a) | Name | Michael Evans
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| 2. | Reason for the Notification | |||||
| (a) | Position / status | Chief Financial Officer
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| (b) | Initial notification / amendment | Initial notification
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| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| (a) | Name | LendInvest plc | ||||
| (b) | LEI | 213800NWMK3O4UWP9N91 | ||||
| 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 | Ordinary shares in LendInvest plc of £0.0005 each | ||||
| Identification code | GB00BMC2XX17 | |||||
| (b) | Nature of the transaction | Exercise of Company Share Option Plan options (granted in 2019 and 2020) over ordinary shares in LendInvest plc
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| (c) | Price(s) and volume(s) |
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| (d) | Aggregated information Aggregated volume Price |
80,000 ordinary shares at £0.0005 per ordinary share | ||||
| (e) | Date of the transaction | 5 May 2023
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| (f) | Place of the transaction | Outside a trading venue
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Enquiries:
| Rod Lockhart, Chief Executive Officer Alex Dee, Head of Investor Relations Leigh Rimmer, Head of External Communications investorrelations@lendinvest.com | +44 (0)20 7353 4200
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| Panmure Gordon (NOMAD and Joint Broker) Atholl Tweedie / Stephen Jones / Tom Scrivens | +44 (0)20 7886 2500 |
| finnCap Limited (Joint Broker) Jonny Franklin-Adams / Tim Redfern | +44 (0)20 7220 0500
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| Teneo (Financial PR) Tom Murray / Ed Cropley / Olivia Lucas | +44 (0)20 7353 4200 |
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