Orchard Funding Group PLC Director/PDMR Shareholding
25 September 2024 - 8:00AM
RNS Regulatory News
RNS Number : 4424F
Orchard Funding Group PLC
25 September 2024
25th September
2024
Orchard Funding Group
PLC
Director
Shareholding
Orchard Funding Group PLC
("Orchard", the "Group" or "Company"), the finance group which
specialises in insurance premium finance and the professions
funding market, confirms that on 20 September 2024, Ravi Takhar,
the Company's chief executive officer acquired 527,126 ordinary
shares in the capital of the Company ("Ordinary Shares"),
previously held by an independently managed trust of which he is a
beneficiary (the "Trust").
Following the transfer, Ravi Takhar
is holding 12,213,541 Ordinary Shares in the Company 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
Liberum (Nomad and
Broker)
+44 (0)20 3100 2222
Edward Mansfield
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
|
Acquisition
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
15p
|
527,126
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
- Aggregated volume
|
N/A
|
|
|
- Price
|
|
|
|
e)
|
Date of the transaction
|
20
September 2024
|
f)
|
Place of the transaction
|
Off-market transaction
|
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END
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