6 April 2021
TMT INVESTMENTS PLC
("TMT" or the "Company")
PDMR and Major Shareholdings
TMT Investments Plc (AIM: TMT.L), the venture capital company investing in high-growth technology companies, announces that it was notified on 1 April 2021, that, on 1 April 2021, Artemii Iniutin, TMT's Head of Investments, agreed to acquire 863,647 ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of US$7.20 per Ordinary Share in the following transactions (the "Share Acquisitions"):
- 620,404 Ordinary Shares from Ramify Consulting Corp., a company wholly owned by German Kaplun, TMT's Head of Strategy ("TMT Parties Transaction"); and
- 243,243 Ordinary Shares from an unrelated party.
The Ordinary Shares acquired pursuant to the Share Acquisitions are to be acquired directly by Merit Systems Inc., a company wholly owned by Mr. Iniutin. The settlement of the Share Acquisitions is expected to take place within a month. Following the settlement of the Share Acquisitions, Mr. Iniutin will be interested in, in aggregate, 2,971,693 Ordinary Shares, representing approximately 10.18% of the Company's issued ordinary share capital.
Following t he settlement of the TMT Parties Transaction, German Kaplun, TMT's Head of Head of Strategy, will be interested in, in aggregate, 7,262,260 Ordinary Shares, representing approximately 24.88% of the Company's issued ordinary share capital.
Upon settlement of the Share Acquisitions , TMT shareholdings of the members of the concert party, as defined in the City Code on Takeovers and Mergers (the "Code"), which currently exists in the Company, will change as follows (based on the latest information available to the Company and assuming no other changes in the shareholdings of the members of the concert party before the settlement):
Shareholder (legal holder) |
Beneficial holder (if different to legal holder) |
No. of Ordinary Shares |
% of issued share capital |
Macmillan Trading Company Limited ("Macmillan") |
Alexander Morgulchik 45.05%,
German Kaplun 37.17%, Artemii Iniutin 9.90%, |
6,817,063 |
23.36% |
Ramify Consulting Corp. ("Ramify") |
German Kaplun |
4,728,576 |
16.20% |
Wissey Trade & Invest Ltd ("Wissey") |
Andrey Kareev |
5,000,000 |
17.13% |
Eclectic Capital Limited ("Eclectic") |
Nika Kirpichenko |
1,800,000 |
6.17% |
Menostar Holdings Limited ("Menostar") |
Dmitry Kirpichenko |
1,790,000 |
6.13% |
Merit Systems Inc. |
Artemii Iniutin |
2,054,865 |
7.04% |
Natalia Inyutina (Adult daughter of Artemii Iniutin) |
727,156 |
2.49% |
|
Vlada Kaplun (Adult Daughter of German Kaplun) |
363,578 |
1.25% |
|
Marina Kedrova (Adult Daughter of German Kaplun) |
363,578 |
1.25% |
|
Artemii Iniutin |
|
241,939 |
0.83% |
Total |
|
23,886,755 |
81.84% |
Upon settlement of the Share Acquisitions, the total direct and indirect interest in TMT by the concert party's beneficial holders will be as follows (assuming no other changes in the shareholdings of the members of the concert party before the settlement) :
Beneficial holder |
No. of Ordinary Shares |
% of issued share capital |
German Kaplun |
7,262,260 |
24.88% |
Andrey Kareev |
5,000,000 |
17.13% |
Alexander Morgulchik |
3,071,087 |
10.52% |
Artemii Iniutin |
2,971,693 |
10.18% |
Nika Kirpichenko |
1,800,000 |
6.17% |
Dmitry Kirpichenko |
1,790,000 |
6.13% |
Natalia Inyutina |
727,156 |
2.49% |
Nelli Morgulchik |
537,403 |
1.84% |
Vlada Kaplun |
363,578 |
1.25% |
Marina Kedrova |
363,578 |
1.25% |
Total |
23,886,755 |
81.84% |
For further information contact:
TMT Investments PLC Alexander Selegenev Executive Director
|
+44 (0)1534 281 800 (Computershare - Company Secretary)
alexander.selegenev@tmtinvestments.com
|
Strand Hanson Limited (Nominated Adviser) James Bellman / James Dance
|
+44 (0)20 7409 3494 |
Cenkos Securities plc (Joint Broker) Russell Cook / Ben Jeynes
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+44 (0)20 7397 8900 |
Hybridan LLP (Joint Broker) Claire Louise Noyce
|
+44 (0)20 3764 2341 |
Kinlan Communications David Hothersall
|
+44 (0)20 7638 3435 |
About TMT Investments PLC
TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 65 companies to date and has net assets of US$178 million as of 31 December 2020. The Company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com .
PDMR Notification Forms
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Artemii Iniutin |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR ( Head of Investments ) |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
TMT Investments PLC |
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b) |
LEI |
213800UGZLGI4R6YW964 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of no par value each |
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Identification code |
JE00B3RQZ289 |
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b) |
Nature of the transaction |
Purchase of ordinary shares |
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c) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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7.20 |
243,243 |
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7.20 |
620,404 |
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d) |
Aggregated information |
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- Aggregated volume |
Purchase of 863,647 ordinary shares |
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- Price |
US$ 7.20 per share |
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e) |
Date of the transaction |
1 April 2021 |
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f) |
Place of the transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
German Kaplun |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR ( Head of Strategy ) |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
TMT Investments PLC |
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b) |
LEI |
213800UGZLGI4R6YW964 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of no par value each |
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Identification code |
JE00B3RQZ289 |
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b) |
Nature of the transaction |
Disposal of ordinary shares |
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c) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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US$7.20 |
620,404 |
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d) |
Aggregated information |
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- Aggregated volume |
Disposal of 620,404 ordinary shares |
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- Price |
US$ 7.20 per share |
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e) |
Date of the transaction |
1 April 2021 |
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f) |
Place of the transaction |
Outside of a trading venue |