Exercise of options and PDMR dealing

Tatton Asset Management PLC

31 August 2023

 

Tatton Asset Management plc

(or "the Company") 

Exercise of options and PDMR dealing

Tatton Asset Management PLC (AIM: TAM), the on-platform discretionary fund management (DFM) and IFA support services business announces that it has issued an aggregate 446,245 ordinary shares of £0.20 each ("Ordinary Shares") to satisfy certain employees who have elected to exercise their options pursuant to the Company's employee sharesave scheme, the 2018 EMI Scheme and 2020 EMI Scheme (together the "Option Shares").

Application has been made for the newly issued shares to be admitted to trading on AIM, and admission is expected to take place on 01 September 2023 ("Admission"). Following Admission, the Company's issued share capital will consist of 60,501,968 ordinary shares. There are no ordinary shares held in treasury. Therefore, following Admission, this figure of 60,501,968 should be used by shareholders as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

As part of the above, certain PDMRs have exercised options over an aggregate of 182,360 shares. The Option Exercise includes certain share options being exercised by Lothar Mentel, Chief Investment Officer, who following the exercise will be interested in 1,110,233 Ordinary Shares, representing approximately 1.84 per cent. Of the Company's Ordinary Share capital.

 The full details of these PDMR dealings are shown in the tables below.

For further information please contact:

Tatton Asset Management PLC Paul Hogarth (Chief Executive Officer)                            Paul Edwards (Chief Financial Officer)                             Lothar Mentel (Chief Investment Officer)	[phone]
Zeus - Nomad and Broker Martin Green        Dan Bate	[phone]
Singer Capital Markets- Joint Broker Peter Steel, Rachel Hayes, Amanda Gray (Investment Banking)	[phone]
Belvedere Communications - Financial PR John West / Llew Angus (media) Cat Valentine / Keeley Clarke (investors)	[phone] [phone] [e-mail]
Trade Media Enquiries Roddi Vaughan Thomas	[phone]

For more information, please visit: www.tattonassetmanagement.com

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

	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	a)   Exercise of EMI options b)   Exercise of sharesave options
c)	Price(s) and volume(s)	a)   Price:      NIL Volume:  50,000 b)   Price:       £2.29 Volume:   7,860
d)	Aggregated information - Aggregated volume - Price	a)   Price:      NIL Volume:  50,000 b)   Price:       £2.29 Volume:   7,860
e)	Date of the transaction	a)   25 August 2023 b)   25 August 2023
f)	Place of the transaction	a)   London stock Exchange, AIM b)   London stock Exchange, AIM

	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Robert Hunt
2	Reason for the notification
a)	Position/status	PDMR, Chief Executive Officer of Paradigm
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	a)   Exercise of EMI options b)   Exercise of Sharesave options
c)	Price(s) and volume(s)	a)   Price:      NIL Volume:  116,640 b)   Price:       £2.29 Volume:   7,860
d)	Aggregated information - Aggregated volume - Price	a)   Price:      NIL Volume:  116,640 b)   Price:       £2.29 Volume:   7,860
e)	Date of the transaction	a)   25 August 2023 b)   25 August 2023
f)	Place of the transaction	a)   London stock Exchange, AIM b)   London stock Exchange, AIM

 

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