Orchard Funding Group PLC Director/PDMR Shareholding
21 December 2024 - 12:18AM
RNS Regulatory News
RNS Number : 9804Q
Orchard Funding Group PLC
20 December 2024
20 December 2024
Orchard Funding Group
PLC
("Orchard Funding" or
the "Company")
Director
Shareholding
Orchard Funding Group PLC, the
finance group which specialises in insurance premium finance and
the professions funding market, announces that on 19th December
2024, Ravi Takhar, the Company's chief executive officer acquired
114,041 ordinary shares in the capital of the Company ("Ordinary
Shares"), from an independently managed trust of which he is the
beneficiary for nil consideration.
Following the transfer, Ravi
Takhar's beneficial interest in the Company's share capital remains
unchanged at 12,213,541 Ordinary Shares, representing 57.20% per
cent of the Company's voting share capital.
For further information, please
contact:
|
Orchard Funding Group PLC
|
+44 (0)1582 346 248
|
|
Ravi Takhar, Chief Executive
Officer
|
|
|
|
|
|
Allenby Capital Limited (Nomad and Broker)
|
+44 (0)20 3328 5656
|
|
Nick Naylor/James Reeve (Corporate
Finance)
|
|
|
Amrit Nahal/Jos Pinnington (Sales
and Corporate Broking)
|
|
For Investor Relations please go
to: www.orchardfundinggroupplc.com
|
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Ravi Takhar
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
CEO
|
|
b)
|
Initial
notification/Amendment
|
Initial
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Orchard Funding Group plc
|
|
b)
|
LEI
|
213800U4K2POJCSQYR97
|
|
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 1 penny
each
|
|
|
|
|
Identification code
|
GB00BYZFM569
|
|
|
|
|
b)
|
Nature of the transaction
|
Sale and repurchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
0p
|
114,041
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
N/A
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
19th December
2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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END
DSHXBLFLZLLFFBE
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