RBG Holdings PLC Purchase of shares / PDMR Shareholding (9729E)
11 November 2020 - 9:00PM
UK Regulatory
TIDMRBGP
RNS Number : 9729E
RBG Holdings PLC
11 November 2020
RBG Holdings Plc
(the "Company")
Purchase of shares / PDMR Shareholding
The Company today announces that on 6 November 2020 Neil Rowden,
a PDMR and Litigation Funding Manager for LionFish Litigation
Finance (UK) Limited, acquired from the Trustees of the Company's
employee benefit trust (EBT), 10,000 ordinary shares of GBP0.002
pence each in the capital of the Company ("Ordinary Shares") at a
price of 60 pence per Ordinary Share.
Following this purchase, Neil Rowden's aggregate controlled
interest in the Company totals to 41,160 ordinary shares,
representing 0.048 per cent. of the issued share capital of the
Company.
Enquiries:
RBG Holdings plc Via Newgate Communications
Nicola Foulston, CEO
N+1 Singer (Nomad and Broker) Tel: +44 (0)20 7496 3000
Shaun Dobson / Alex Bond (Corporate
Finance)
Tom Salvesen (Corporate Broking)
Newgate Communications (for media Tel: +44 (0)20 3757 6880;
enquiries) rbg@newgatecomms.com
Robin Tozer/Tom Carnegie
About RBG Holdings plc
RBG Holdings plc is a professional services group, which
includes one of the UK's pioneering law firms, Rosenblatt Limited
("RBL"), which is a leader in dispute resolution.
RBL provides a range of legal services to its diversified client
base, which includes companies, banks, entrepreneurs and
individuals. Complementing this is the Company's increasingly
international footprint, advising on complex cross-jurisdictional
matters. RBL's practice areas include dispute resolution, financial
crime, corporate, banking and finance, insolvency and financial
restructuring, construction and projects, employment, financial
services, IP/technology/media, real estate, regulatory and tax
resolution.
The Group also provides litigation finance in selected cases
through a separate arm, LionFish Litigation Finance (UK) Ltd.
LionFish finances litigation matters being run by other solicitors
in return for a significant return on the outcome of those cases.
As such, the Group has two types of litigation investments - RBL's
own client matters, and litigation matters run by third-party
solicitors. LionFish is positioned to be a unique, alternative
provider to the traditional litigation funders.
The Group also owns Convex Capital Limited, a specialist
sell-side corporate finance boutique, based in Manchester. Convex
is entirely focussed on helping companies, particularly
owner-managed and entrepreneurial businesses, realise their value
through sales to large corporates. Convex identifies and
proactively targets firms that it believes represent attractive
acquisition opportunities.
1 Details of PDMR/person closely associated with them ("PCA")
Name Neil Rowden
-------------------------------- -------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
(a) Position / status PDMR - Litigation Funding Manager
for LionFish Litigation Finance (UK)
Limited
-------------------------------- -------------------------------------
(b) Initial notification / amendment Initial notification
-------------------------------- -------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
(a) Name RBG Holdings Plc
-------------------------------- -------------------------------------
(b) LEI 213800MJ031M84UMFL64
-------------------------------- -------------------------------------
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 Ordinary shares of GBP0.002 each
instrument, type of instrument in the Company
-------------------------------- -------------------------------------
Identification code GB00BFM6WL52
-------------------------------- -------------------------------------
(b) Nature of the transaction Purchase of Ordinary Shares
-------------------------------- -------------------------------------
(c) Price(s) and volume(s) Price(s) Volume(s)
----------
GBP0.60 10,000
----------
-------------------------------- -------------------------------------
(d) Aggregated information N/A single transaction
Aggregated volume Price
-------------------------------- -------------------------------------
(e) Date of the transaction 6 November 2020
-------------------------------- -------------------------------------
(f) Place of the transaction London Stock Exchange, AIM
-------------------------------- -------------------------------------
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END
DSHFIFEALTLLLII
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