Regulatory News
Director/PDMR Transaction and Holding(s) in Company
18 November 2025
Lords, a leading distributor of building materials in the UK, announces that it was notified yesterday that Shanker Patel, the Company’s Chief Executive Officer, had purchased an aggregate of 1,400,000 ordinary shares in the Company at a price of 21.02 pence per ordinary share on that same day.
The notification below, made in accordance with the Market Abuse Regulation, provides further details.
The Company also announces that it was notified on 17 November 2025 that on 14 November 2025 Nilesh Patel and Rajen Patel purchased 445,993 ordinary shares and 94,562 ordinary shares respectively.
As a result, Shanker Patel is now interested, together with his children and related entities and trusts, in an aggregate of 55,221,386 ordinary shares in the Company, representing 33.22 per cent. of the Company’s issued ordinary share capital. In addition, the members of the Lord’s concert party now collectively hold an aggregate of 86,476,282 ordinary shares, representing 52.02 per cent. of the Company’s current issued ordinary share capital.
FOR FURTHER ENQUIRIES:
Lords Group Trading plc |
Via Buchanan |
Shanker Patel, Chief Executive Officer |
Tel: +44 (0) 20 7466 5000 |
Stuart Kilpatrick, Chief Financial Officer |
|
|
|
Cavendish Capital Markets (Nominated Adviser and Joint Broker) |
Tel: +44 (0)20 7397 8900 |
Ben Jeynes / Seamus Fricker (Corporate Finance) |
|
Julian Morse / Henry Nicol (Sales) / Matt Lewis (ECM) |
|
|
|
Berenberg (Joint Broker) |
Tel: +44 (0)20 3207 7800 |
|
|
Buchanan Communications |
Tel: +44 (0) 20 7466 5000 |
Henry Harrison-Topham / Stephanie Whitmore/ Abby Gilchrist |
The following notifications are intended to satisfy the Company's obligations under Article 19(3) of the Market Abuse Regulation.
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
a) |
Name |
Shanker Patel |
||||||
2 |
Reason for notification |
|
||||||
a) |
Position/Status |
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 |
Lords Group Trading plc |
||||||
b) |
LEI |
9845009A4D87F1CE5145 |
||||||
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 and identification code |
Ordinary shares |
||||||
b) |
Nature of transaction |
Purchase of Ordinary shares |
||||||
c) |
Price(s) and volume(s) |
|
||||||
d) |
Aggregated information |
As above |
||||||
e) |
Date of transaction |
17 November 2025 |
||||||
f) |
Place of transaction |
AIM |
||||||