Director/PDMR Shareholding

RNS Number : 9129C

Tavistock Investments PLC

21 April 2017

 

Tavistock Investments Plc

Director/PDMR Shareholding

Tavistock Investments Plc ("Tavistock" or the "Company"), the financial services group, announces that the Company's Chief Executive, Brian Raven, yesterday made a market purchase of 900,000 shares of 1p each in the capital of the Company at a price of 2.8p per share.

Following this purchase, Mr Raven is interested in 63,219,379 ordinary shares of 1p each representing 11.85 per cent. of the issued share capital of the Company. In addition, he holds performance related options over an aggregate total of 11,600,000 shares with an exercise price of 5.25p per share.  

Enquiries

Tavistock Investments Plc Oliver Cooke Brian Raven	Tel: [phone]
Northland Capital Partners Limited Tom Price Matthew Johnson	Tel: [phone]
Allenby Capital Limited Nick Naylor Nick Athanas	Tel: [phone]
Templars Communications Limited Kitty Parry Alice Osborn	Tel: [phone]

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	Brian Raven
2	Reason for the notification	Market purchase of shares
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tavistock Investments Plc
b)	LEI	21380078QEABEGTVT16
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 £0.01 each  ISIN: GB00BLNMLS43
b)	Nature of the transaction	Acquisition of shares
c)	Price(s) and volume(s)	Price No. of shares  0.028 900,000
d)	Aggregated information - Aggregated volume - Price	900,000  £25,200
e)	Date of the transaction	20 April 2017
f)	Place of the transaction	London Stock Exchange, AIM

 

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