8 July 2019
Manolete Partners Plc
("Manolete" or the "Company")
Grant of Share Options
Manolete (AIM:MANO), a leading UK insolvency litigation financing company, announces that on 5 July 2019 the Company's Chief Executive Officer, Steven Cooklin, was granted options over 6,741 ordinary shares of 0.4p each pursuant to Part A of the Manolete Partners Plc Company Share Option Plan 2018. The options, which are subject to an exercise price of £4.45 per share, will vest on a one-third per annum basis but may not be exercised until the third anniversary of the date of grant.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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STEVEN COOKLIN
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2
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Reason for the notification
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a)
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Position/status
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CHIEF EXECUTIVE OFFICER |
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b)
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Initial notification /Amendment
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INITIAL NOTIFICATION |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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MANOLETE PARTNERS PLC |
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b)
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LEI
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213800R2X9V3KWCC4H47 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
OPTION TO ACQUIRE MANOLETE PARTNERS PLC ORDINARY SHARES OF 0.4P EACH |
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Identification code |
ISIN: GB00BYWQCY12 |
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b)
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Nature of the transaction
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GRANT OF AN OPTION OVER SHARES PURSUANT TO PART A OF THE MANOLETE PARTNERS PLC COMPANY SHARE OPTION PLAN 2018 |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£0.00 |
6,741 |
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d)
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Aggregated information |
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- Aggregated volume |
6,741 |
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- Price |
£0.00 |
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e)
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Date of the transaction
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5 JULY 2019 |
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f)
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Place of the transaction
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LONDON |
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For further information, please contact:
Manolete Partners Plc via Instinctif Partners
Steven Cooklin
Peel Hunt (NOMAD and Sole Broker) +44 (0)20 7418 8900
Guy Wiehahn
Adrian Haxby
Rishi Shah
Instinctif Partners (Financial PR) +44 (0)20 7457 2020
Catherine Wickman
Lewis Hill
Katie Bairsto