Option Exercise and PDMR Dealings
Updated : 14:38
Tatton Asset Management plc
(or "the Company")
Option Exercise and PDMR Dealings
Tatton Asset Management PLC (AIM: TAM), the on-platform discretionary fund management (DFM) and IFA support services business announces that it has been notified by Lothar Mentel, Chief Investment Officer and PDMR, of the exercise of options over 50,000 ordinary shares or £0.20 each ("Ordinary Shares") in the Company under the 2018 EMI scheme ("Option Shares"). The Option Shares are expected to be admitted to trading on Friday 24 June 2022.
Following the issue of the Option Shares, Lothar is interested in 1,052,373 Ordinary Shares in the Company, representing 1.8% of the Company's issued share capital.
In addition, the Company has been notified by Lesley Watt, Non-Executive Director and PDMR, of the purchase of 2,325 Ordinary Shares. Following this transaction, Lesley is interested in 2,325 Ordinary Shares in the Company, representing 0.01% of the Company's issued share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
For further information please contact:
Tatton Asset Management PLC Paul Hogarth (Chief Executive Officer) Paul Edwards (Chief Financial Officer) Lothar Mentel (Chief Investment Officer)
|
+44 (0) 161 486 3441 |
Zeus - Nomad and Broker Martin Green Dan Bate
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+44 (0) 20 3829 5000 |
Singer Capital Markets- Joint Broker Peter Steel, Rachel Hayes (Investment Banking)
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+44 (0) 20 7496 3061 +44 (0) 20 7496 3189 |
Belvedere Communications - Financial PR John West / Llew Angus (media) Cat Valentine / Keeley Clarke (investors)
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+44 (0) 7407 023147 +44 (0) 7715 769078
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Trade Media Enquiries Roddi Vaughan Thomas | +44 (0) 20 7139 1452 |
For more information, please visit: www.tattonassetmanagement.com
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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 | Lothar Mentel |
2 | Reason for the notification | |
a) | Position/status | PDMR, Chief Investment Officer |
b)
| Initial notification /Amendment | Initial notification |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Tatton Asset Management plc |
b) | LEI | 213800G2F8I1N7HTVP88 |
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 Identification code | Ordinary Shares of £0.20 each
ISIN: GB00BYX1P358 |
b) | Nature of the transaction | Exercise of 2018 EMI Options
|
c) | Price(s) and volume(s) | Price: NIL
|
d) | Aggregated information - Aggregated volume - Price | Price: NIL Volume: 50,000 |
e) | Date of the transaction | 15 June 2022 |
f) | Place of the transaction | London stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Lesley Watt |
2 | Reason for the notification | |
a) | Position/status | PDMR, Independent Non-Executive Director |
b)
| Initial notification /Amendment | Initial notification |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Tatton Asset Management plc |
b) | LEI | 213800G2F8I1N7HTVP88 |
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 Identification code | Ordinary Shares of £0.20 each
ISIN: GB00BYX1P358 |
b) | Nature of the transaction | Purchase of Ordinary Shares of £0.20 each
|
c) | Price(s) and volume(s) | Price: 2,325 Volume: 430p
|
d) | Aggregated information - Aggregated volume - Price | Price: 2,325 Volume: 430p
|
e) | Date of the transaction | 15 June 2022 |
f) | Place of the transaction | London stock Exchange, AIM
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