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Lombard Risk Mngment - Exercise of Options

RNS Number : 8075F
Lombard Risk Management PLC
23 February 2018
 

23 February 2018

Lombard Risk Management plc

(the "Company")

 

Exercise of Options & Director Dealing

 

Lombard Risk Management plc (AIM: LRM.L), a leading global provider of integrated collateral management and regulatory reporting solutions for the financial services industry, announces that as the result of the exercise of options by various employees and PDMRs, the Company has issued 3,840,899 new ordinary shares of 0.5p each in the capital of the Company (the "New Ordinary Shares").

 

Alastair Brown, CEO of the Company, has exercised options over 260,869 ordinary shares at a price of 11.5p per ordinary share. Following the issue of these shares Mr Brown will be interested in 1,944,269 ordinary shares of the Company, representing approximately 0.48 per cent. of the Company's enlarged issued share capital.

 

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on 26 February 2018.

 

The New Ordinary Shares will rank pari passu with the existing ordinary shares of the Company.  In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, following this allotment the total number of ordinary shares in the capital of the Company in issue is 404,434,819.  The Company currently holds 234 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in the Company is 404,434,585.

 

The above figure of 404,434,585 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.

 

The Company makes the following announcement and notification in accordance with the EU Market Abuse Regulation (No 596/2014):

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alastair Brown

2.               

Reason for the Notification

a)

Position/status

Director, Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

11.5p

260,869

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mike Payne

2.               

Reason for the Notification

a)

Position/status

Chief Technology Officer

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

9.75p

307,692

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tina Wilkinson

2.               

Reason for the Notification

a)

Position/status

Global Head of Product

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

11.13p

269,541

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nigel Rohan

2.               

Reason for the Notification

a)

Position/status

Global Sales Operations Director

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12p

289,156

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Helen Nicol

2.               

Reason for the Notification

a)

Position/status

Head of Product, Collateral

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12p

250,000

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Sue Kent

2.               

Reason for the Notification

a)

Position/status

Chief Administrative Officer

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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 0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12p

250,000

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

James Phillips

2.               

Reason for the Notification

a)

Position/status

Regulatory Strategy Director

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12p

250,000

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter Taylor

2.               

Reason for the Notification

a)

Position/status

Human Resources Director

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

11p

272,727

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ian Dwyer

2.               

Reason for the Notification

a)

Position/status

Global Alliances Director

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

8.38p

357,995

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Leonie Alsop

2.               

Reason for the Notification

a)

Position/status

Chief Marketing Officer

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12.88p

232,919

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robin Bridge

2.               

Reason for the Notification

a)

Position/status

Head of Product, Regulatory

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12p

250,000

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Malcolm Arnold

2.               

Reason for the Notification

a)

Position/status

Head of Technical Architecture

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lombard Risk Management plc

b)

LEI

213800HPXYSR1TUULW48

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  0.5p

Identification code

GB00B030JP46

b)

Nature of the transaction

 

Exercise of options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12p

150,000

d)

Aggregated information:

·Aggregated volume

·Price

 

As above

e)

Date of the transaction

23 February 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

For further information, please contact:

 

Lombard Risk Management Plc

Alastair Brown, CEO

Nigel Gurney, CFO

 

Tel:  +44 (0)20 7593 6700

finnCap (Nominated Adviser and Joint Broker)

Stuart Andrews

Carl Holmes

Scott Mathieson

Tel:  +44 (0)20 7220 0500

 

 

WG Partners LLP (Joint Broker)

David Wilson

Claes Spång

Chris Lee

 

Tel:  +44 (0) 203 705 9330

 

Newgate (Financial PR)

Bob Huxford

Charlotte Coulson

Adam Lloyd

Tel: +44 (0)20 7653 9850

[email protected]

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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