Manolete Partners PLC Grant of Share Options (7968H)
01 August 2023 - 4:00PM
UK Regulatory
TIDMMANO
RNS Number : 7968H
Manolete Partners PLC
01 August 2023
1 August 2023
Manolete Partners Plc
("Manolete" or the "Company")
Grant of Share Options
Manolete (AIM:MANO), the leading UK-listed insolvency litigation
financing company, announces that on 31 July 2023, the deferred
bonus award granted to Mark Tavener for the Company's financial
year ended 31 March 2022, comprising of an option over 16,058
ordinary shares of GBP0.004 each, vested in full. The option has a
per share exercise price equal to the nominal value of a share.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them. The announcement, including the
notification(s) below, is made in accordance with the requirements
of the Market Abuse Regulation.
Details of the person discharging managerial responsibilities
1. / person closely associated
a) Name Mark Wrenford Tavener
------------------------------- ----------------------------------------
Reason for the Notification
2.
-------------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------------- ----------------------------------------
b) Initial notification/Amendment Initial notification
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Details of the issuer, emission allowance market
3. participant, auction platform, auctioneer or auction
monitor
-------------------------------------------------------------------------
a) Name Manolete Partners plc
------------------------------- ----------------------------------------
b) LEI 213800R2X9V3KWCC4H47
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Details of the transaction(s): section to be repeated
4. 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 Ordinary shares of 0.4p
the Financial
instrument, type
of instrument
Identification GB00BYWQCY12
code
------------------------------- ----------------------------------------
b) Nature of the Vesting of options over ordinary shares
transaction with an exercise price per ordinary
share equal to the nominal value of
an ordinary share
------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 16,058
----------
------------------------------- ----------------------------------------
d) Aggregated information: See 4 (c) above
* Aggregated volume
* Price
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e) Date of the transaction 31 July 2023
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f) Place of the transaction Outside of a trading venue
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For further information, please contact:
Manolete Partners Plc via Instinctif Partners
Steven Cooklin (Chief Executive
Officer)
Peel Hunt (NOMAD and Broker)
Paul Shackleton +44 (0)20 7418 8900
Instinctif Partners (Financial +44 (0)78 3767 4600
PR) manolete@instinctif.com
Tim Linacre
Victoria Hayns
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END
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