Director/PDMR Shareholding

RNS Number : 0528L

Tavistock Investments PLC

16 April 2018

 

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, has made market and off-market purchases of an aggregate total of 328,333 ordinary shares of 1p each in the capital of the Company at an average price of 3.05p per share.

Following this transaction, Mr Raven is interested in 63,855,712 ordinary shares of 1p each representing 11.89 per cent. of the issued share capital of the Company. In addition, he holds performance related options over an aggregate total of 31,600,000 shares with exercise prices ranging from 5.25p per share to 6.5p per share.

Enquiries

Tavistock Investments Plc Oliver Cooke Brian Raven	Tel: [phone]
Arden Partners Plc Paul Shackleton	Tel: [phone]
Allenby Capital Limited Nick Naylor Nick Athanas	Tel: [phone]
Vested Kitty Parry Elspeth Rothwell	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	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)	Average Price (£) No. of shares  0.0305 328,333
d)	Aggregated information - Aggregated volume - Price	328,333  £10,014
e)	Date of the transaction	13 April 2018
f)	Place of the transaction	Off market and on London Stock Exchange, AIM

 

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