Director/PDMR Shareholding

RNS Number : 0194O

Tavistock Investments PLC

15 August 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 308,000 shares of 1p each in the capital of the Company at a price of 3.25p per share.

Following this purchase, Mr Raven is interested in 63,527,379 ordinary shares of 1p each representing 11.83 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]
Arden Partners Plc William Vandyk	Tel: [phone]
Allenby Capital Limited Nick Naylor Nick Athanas	Tel: [phone]
Templars Communications Limited Kitty Parry Malika Shermatova	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  0.0325 308,000
d)	Aggregated information - Aggregated volume - Price	308,000  £10,010
e)	Date of the transaction	14 August 2017
f)	Place of the transaction	London Stock Exchange, AIM

 

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