27 December 2019
TMT INVESTMENTS PLC
("TMT" or the "Company")
TMT Investments PLC (AIM: TMT.L), the venture capital company investing in high-growth technology companies, announces that it was notified on 27 December 2019 that on 24 December 2019, Artemii Iniutin, TMT's Head of Investments, acquired 434,157 ordinary shares of no par value each in the Company ("Ordinary Shares") at US$3.90 per Ordinary Share.
Following the transaction, Mr Iniutin is interested in 434,157 Ordinary Shares, representing 1.49% of the Company's issued ordinary share capital. The purchased shares represent the entire holding of the selling TMT shareholder.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail in respect of the transaction as described above.
Details of the person discharging managerial responsibilities / person closely associated
Reason for the notification
PDMR (Head of Investments)
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
TMT Investments PLC
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
Description of the financial instrument, type of instrument
Ordinary shares of no par value each
Nature of the transaction
Purchase of ordinary shares
Price(s) and volume(s)
- Aggregated volume
Purchase of 434,157 ordinary shares
US$3.90 per share
Date of the transaction
24 December 2019
Place of the transaction
London Stock Exchange, AIM (XLON)
For further information contact:
TMT Investments PLC
+44 (0)1534 281 800
(Computershare - Company Secretary)
Strand Hanson Limited
Richard Tulloch / James Dance
+44 (0)20 7409 3494
Claire Louise Noyce
+44 (0)20 3764 2341
+44 (0)20 7638 3435
About TMT Investments PLC
TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 50 companies to date and has net assets of US$107m as of 30 June 2019. The Company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com.
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