Grant of Share Options

Manolete Partners PLC

22 December 2025

 

22 December 2025

Manolete Partners plc

("Manolete" or the "Company")

Grant of Share Options

Manolete, the leading UK-listed insolvency litigation financing company, announces that on 17 December 2025 it granted nominal cost share options over ordinary shares of 0.4p each in the Company to its executive directors as set out in the table below.

Director	Award type	Number of shares subject to option
Philomena (Mena) Halton	Performance share award	200,000
William (Will) Sawyer	Performance share award	200,000
Philomena Halton	Restricted share award	196,875

The performance share award options were granted under the Company's share option plan.  The restricted share award was granted on a one-off basis under a separate agreement in recognition of Philomena Halton's recent promotion to Chief Executive Officer.

The performance share awards will ordinarily vest on the third anniversary of their grant subject to the grantee's continued service and the satisfaction of performance conditions based on (with equal weighting) (i) earnings per share for the Company's financial year ending 31 March 2028; and (ii) average share price over the five days preceding the third anniversary of the grant of the options. Sliding scale performance targets apply in respect of both elements, with 25% of the relevant portion of each option vesting for threshold performance, rising on a straight-line basis for full vesting of the relevant portion of each option for stretch performance or better. 

The restricted share award is partially exercisable immediately, covering 175,000 of the total shares under option, and this part is not subject to any conditions. The remainder of the option, covering 21,875 shares, is exercisable after 11 August 2026 provided that employment has not been terminated before that date.  There are no other conditions attached to this part of the award.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.   Philomena Halton 2.   William Sawyer
2.	Reason for the Notification
a)	Position/status	1.   Chief Executive Officer 2.   Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Manolete Partners plc
b)	LEI	213800R2X9V3KWCC4H47
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 0.4p
	Identification code	GB00BYWQCY12
b)	Nature of the transaction	Grant of options over ordinary shares with an exercise price per ordinary share equal to the nominal value of an ordinary share
c)	Price(s) and volume(s)	Price(s) Volume(s) 1 Nil 200,000 2 Nil 200,000
d)	Aggregated information: ·Aggregated volume ·Price	See 4 (c) above
e)	Date of the transaction	17 December2025
f)	Place of the transaction	Outside of a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philomena Halton
2.	Reason for the 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	Manolete Partners plc
b)	LEI	213800R2X9V3KWCC4H47
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 0.4p
	Identification code	GB00BYWQCY12
b)	Nature of the transaction	Grant of an option over ordinary shares with an exercise price per ordinary share equal to the nominal value of an ordinary share
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 196,875
d)	Aggregated information: ·Aggregated volume ·Price	See 4 (c) above
e)	Date of the transaction	17 December 2025
f)	Place of the transaction	Outside of a trading venue

For further information, please contact:

Manolete Partners	via TEAM LEWIS
Mena Halton (Chief Executive Officer)
Canaccord Genuity (NOMAD and Broker)	[phone]
Stuart Andrews
Instinctif Partners	[e-mail]
Hannah Scott, Galyna Kulachek	[phone]

 

END