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LONDON - Shawbrook Group PLC (LSE:SHAW) has disclosed a transaction involving Dylan Minto, the company’s Chief Financial Officer (CFO) and a Person Discharging Managerial Responsibilities (PDMR). According to a press release statement, Minto has instructed a regulated nominee to tender £50,000 in principal amount of the company’s 9 percent Fixed Rate Reset Callable Subordinated Notes due 2030 in a Tender Offer that was announced by the issuer.
The transaction took place on May 30, 2025, on the Euronext (EPA:ENX) Stock Exchange in Dublin. This move is part of Minto’s effort to reinvest in newly issued instruments by the company. The settlement for this transaction is scheduled for June 4, 2025.
Shawbrook Group, a lending and savings bank in the UK, has a Legal Entity Identifier (LEI) of 21380071539WSMTM4410. The company’s announcement follows the requirements of Article 19 of the UK’s version of the EU Market Abuse Regulation 596/2014, which is incorporated into UK law under the European Union (Withdrawal) Act 2018.
The transaction notification is an initial notification, and no further details about the nature of the newly issued instrument in which Minto plans to invest have been provided. This financial activity reflects the ongoing financial operations and management decisions within Shawbrook Group PLC.
Investors and stakeholders typically monitor such disclosures closely, as they can provide insights into the confidence that management has in the company’s financial instruments and future prospects.
The information for this report is based on a press release statement from Shawbrook Group PLC.
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