Option Exercise and PDMR Dealings

RNS Number : 5179P

Tatton Asset Management PLC

20 June 2022

 

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)	[phone]
Zeus - Nomad and Broker Martin Green  Dan Bate	[phone]
Singer Capital Markets- Joint Broker Peter Steel, Rachel Hayes (Investment Banking)	[phone] [phone]
Belvedere Communications - Financial PR John West / Llew Angus (media) Cat Valentine / Keeley Clarke (investors)	[phone] + 44 (0) 7715 769078 [e-mail]
Trade Media Enquiries Roddi Vaughan Thomas	[phone]

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 Volume:  50,000
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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